The formula to calculate the Shelf Life is:
\[ SL = ED - MD \]
Where:
Shelf life refers to the length of time that a product remains usable, fit for consumption, or saleable. It is the period between the manufactured date and the expiration date, during which the product is expected to retain its desired quality and safety.
Let's assume the following values:
Using the formula:
\[ SL = 2024-12-31 - 2024-01-01 = 364 \text{ days} \]
The Shelf Life is 364 days.
Let's assume the following values:
Using the formula:
\[ SL = 2025-06-01 - 2024-06-01 = 365 \text{ days} \]
The Shelf Life is 365 days.