Incremental increase in a formula
I think this will work, where A1 contains the order quantity:
=IF(A1<=13000,0.055,(ROUNDDOWN((A1-13000)/500,0))*0.001+0.055)
On Jun 18, 11:49 am, wrote:
Hi all,
I am wanting to multiply an order by a fixed cost (0.055c) up to an
order quantity of 13,000. Thereafter, for every FULL 500 units over
the 13,000 the cost will increase by 0.001c.
Examples:
1. Order = 13,000 - Cost = 715
2. Order = 14,000 - Cost = 798 (0.001*2 + 0.055 * 14,000)
3. Order = 14,400 - Cost = 798
How can I put this into a single formula?
Thanks in advance.
Rob
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