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I have multiple products that have multiple price tiers based on volume
ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
#2
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Thank you for the helpful suggestions. The products I'm dealing with have 11
tiers for price, so I decided to try what appeared to be the simplest method. Unfortunately, I can't get it to provide the correct answer! Here is my fx: =SUMPRODUCT(--(A1{100;300;500;800;1100;1500;5000;6000;7000;8000 ;99999}), (A1-{100;300;500;800;1100;1500;5000;6000;7000;8000;999 99}), {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) This is the actual data I'm trying to build the fx to: Volume Range Price/Unit 1-100 $21.64 101-300 $21.21 301-500 $20.80 501-800 $20.58 801-1100 $19.99 1101-1500 $19.60 1501-5000 $18.26 5001-6000 $17.60 6001-7000 $17.43 7001-8000 $17.25 8001 $17.08 The fx above gives me a total cost of $18,926 for 1000 units. Manually calculating the price, it should be $20,738 ($20.74 / unit average) - (100*21.64)+(200*$21.21)+(200*$20.80)+(300*$20.58) +(200*$19.99). Where did I go wrong? Lipper "Lipper" wrote: I have multiple products that have multiple price tiers based on volume ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
#3
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Where did I go wrong?
You left out the first interval boundary which is 0. =SUMPRODUCT(--(A1{0;100;300;500;800;1100;1500;5000;6000;7000;80 00}), (A1-{0;100;300;500;800;1100;1500;5000;6000;7000;8000}) , {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) I would create the table! When you use a table it's a lot easier to make changes to the table than it is to edit the formula if /when the price structure changes. (and we know prices always change!). -- Biff Microsoft Excel MVP "Lipper" wrote in message ... Thank you for the helpful suggestions. The products I'm dealing with have 11 tiers for price, so I decided to try what appeared to be the simplest method. Unfortunately, I can't get it to provide the correct answer! Here is my fx: =SUMPRODUCT(--(A1{100;300;500;800;1100;1500;5000;6000;7000;8000 ;99999}), (A1-{100;300;500;800;1100;1500;5000;6000;7000;8000;999 99}), {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) This is the actual data I'm trying to build the fx to: Volume Range Price/Unit 1-100 $21.64 101-300 $21.21 301-500 $20.80 501-800 $20.58 801-1100 $19.99 1101-1500 $19.60 1501-5000 $18.26 5001-6000 $17.60 6001-7000 $17.43 7001-8000 $17.25 8001 $17.08 The fx above gives me a total cost of $18,926 for 1000 units. Manually calculating the price, it should be $20,738 ($20.74 / unit average) - (100*21.64)+(200*$21.21)+(200*$20.80)+(300*$20.58) +(200*$19.99). Where did I go wrong? Lipper "Lipper" wrote: I have multiple products that have multiple price tiers based on volume ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
#4
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It worked!
I tried to build a table and then reference cells in the table inside the formula, but it wouldn't work for me. Do I need to enclose the cell reference with "" or some other method? Thanks very much for your help so far. If I can't get the cell reference figured out it still saves me a ton of time. Lipper "T. Valko" wrote: Where did I go wrong? You left out the first interval boundary which is 0. =SUMPRODUCT(--(A1{0;100;300;500;800;1100;1500;5000;6000;7000;80 00}), (A1-{0;100;300;500;800;1100;1500;5000;6000;7000;8000}) , {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) I would create the table! When you use a table it's a lot easier to make changes to the table than it is to edit the formula if /when the price structure changes. (and we know prices always change!). -- Biff Microsoft Excel MVP "Lipper" wrote in message ... Thank you for the helpful suggestions. The products I'm dealing with have 11 tiers for price, so I decided to try what appeared to be the simplest method. Unfortunately, I can't get it to provide the correct answer! Here is my fx: =SUMPRODUCT(--(A1{100;300;500;800;1100;1500;5000;6000;7000;8000 ;99999}), (A1-{100;300;500;800;1100;1500;5000;6000;7000;8000;999 99}), {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) This is the actual data I'm trying to build the fx to: Volume Range Price/Unit 1-100 $21.64 101-300 $21.21 301-500 $20.80 501-800 $20.58 801-1100 $19.99 1101-1500 $19.60 1501-5000 $18.26 5001-6000 $17.60 6001-7000 $17.43 7001-8000 $17.25 8001 $17.08 The fx above gives me a total cost of $18,926 for 1000 units. Manually calculating the price, it should be $20,738 ($20.74 / unit average) - (100*21.64)+(200*$21.21)+(200*$20.80)+(300*$20.58) +(200*$19.99). Where did I go wrong? Lipper "Lipper" wrote: I have multiple products that have multiple price tiers based on volume ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
#5
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Here's a small sample file that demonstrates this.
xLipper.xls 14kb http://cjoint.com/?jhxhP57sAb -- Biff Microsoft Excel MVP "Lipper" wrote in message ... It worked! I tried to build a table and then reference cells in the table inside the formula, but it wouldn't work for me. Do I need to enclose the cell reference with "" or some other method? Thanks very much for your help so far. If I can't get the cell reference figured out it still saves me a ton of time. Lipper "T. Valko" wrote: Where did I go wrong? You left out the first interval boundary which is 0. =SUMPRODUCT(--(A1{0;100;300;500;800;1100;1500;5000;6000;7000;80 00}), (A1-{0;100;300;500;800;1100;1500;5000;6000;7000;8000}) , {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) I would create the table! When you use a table it's a lot easier to make changes to the table than it is to edit the formula if /when the price structure changes. (and we know prices always change!). -- Biff Microsoft Excel MVP "Lipper" wrote in message ... Thank you for the helpful suggestions. The products I'm dealing with have 11 tiers for price, so I decided to try what appeared to be the simplest method. Unfortunately, I can't get it to provide the correct answer! Here is my fx: =SUMPRODUCT(--(A1{100;300;500;800;1100;1500;5000;6000;7000;8000 ;99999}), (A1-{100;300;500;800;1100;1500;5000;6000;7000;8000;999 99}), {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) This is the actual data I'm trying to build the fx to: Volume Range Price/Unit 1-100 $21.64 101-300 $21.21 301-500 $20.80 501-800 $20.58 801-1100 $19.99 1101-1500 $19.60 1501-5000 $18.26 5001-6000 $17.60 6001-7000 $17.43 7001-8000 $17.25 8001 $17.08 The fx above gives me a total cost of $18,926 for 1000 units. Manually calculating the price, it should be $20,738 ($20.74 / unit average) - (100*21.64)+(200*$21.21)+(200*$20.80)+(300*$20.58) +(200*$19.99). Where did I go wrong? Lipper "Lipper" wrote: I have multiple products that have multiple price tiers based on volume ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
#6
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That did the trick!
I wish I could explain to you the amount of work you saved myself and my team on this! I'm almost embarrased at how simple the fx is. Thanks again - you've made alot of folks happy today! Lipper "T. Valko" wrote: Here's a small sample file that demonstrates this. xLipper.xls 14kb http://cjoint.com/?jhxhP57sAb -- Biff Microsoft Excel MVP "Lipper" wrote in message ... It worked! I tried to build a table and then reference cells in the table inside the formula, but it wouldn't work for me. Do I need to enclose the cell reference with "" or some other method? Thanks very much for your help so far. If I can't get the cell reference figured out it still saves me a ton of time. Lipper "T. Valko" wrote: Where did I go wrong? You left out the first interval boundary which is 0. =SUMPRODUCT(--(A1{0;100;300;500;800;1100;1500;5000;6000;7000;80 00}), (A1-{0;100;300;500;800;1100;1500;5000;6000;7000;8000}) , {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) I would create the table! When you use a table it's a lot easier to make changes to the table than it is to edit the formula if /when the price structure changes. (and we know prices always change!). -- Biff Microsoft Excel MVP "Lipper" wrote in message ... Thank you for the helpful suggestions. The products I'm dealing with have 11 tiers for price, so I decided to try what appeared to be the simplest method. Unfortunately, I can't get it to provide the correct answer! Here is my fx: =SUMPRODUCT(--(A1{100;300;500;800;1100;1500;5000;6000;7000;8000 ;99999}), (A1-{100;300;500;800;1100;1500;5000;6000;7000;8000;999 99}), {21.64;-0.43;-0.41;-0.22;-0.59;-0.39;-1.34;-0.66;-0.17;-0.18;-0.17}) This is the actual data I'm trying to build the fx to: Volume Range Price/Unit 1-100 $21.64 101-300 $21.21 301-500 $20.80 501-800 $20.58 801-1100 $19.99 1101-1500 $19.60 1501-5000 $18.26 5001-6000 $17.60 6001-7000 $17.43 7001-8000 $17.25 8001 $17.08 The fx above gives me a total cost of $18,926 for 1000 units. Manually calculating the price, it should be $20,738 ($20.74 / unit average) - (100*21.64)+(200*$21.21)+(200*$20.80)+(300*$20.58) +(200*$19.99). Where did I go wrong? Lipper "Lipper" wrote: I have multiple products that have multiple price tiers based on volume ranges. For example, Product A may have the following: 1-100 units @ $10/unit 101-200 units @ $9.50/unit 201-400 units @ $9.00/unit etc. I need to be able to enter one number for the total volume of units I intend to purchase per year and then calculate the average price per unit for the year. Using the example above, if my annual requirement is 325 units I would be charged $10/unit for the first 100 units, $9.50/unit for the next 100 units and $9.00/unit for the remaining 125 units. What is the best way to calculate this? Thanks in advance for any help! |
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