Fixed.
You need to the flange thickness in your above formula, because "advertised" wheel width (the only width number you'll ever see) is measured between the bead seats (inside the flanges) while backspacing measures to the overall back side of the wheel which has to include the inner flange. Offset works directly with bead seat width and ignores the flanges entirely. One flange thickness is approximately half an inch, though some wheels can run a little wider. It is usually safe to assume that the inner and outer flanges are the same thickness although I know of no requirement that they be the same.
I also question the wisdom of considering 17 x 11's when tire availability is better in 18 and 18 x 11's that can fit the tire treads under the sheetmetal are readily available. And I think that 18 is past bordering on being large.
Norm