There are several ways, depending on how long your list of carriers is:
Formula:
=IF($A1="Broadcast",350,IF($A1="Government",250,IF($A1="Data",150,"not in list")))
or:
Formula:
=IFERROR(CHOOSE(MATCH($A1,{"Broadcast","Government","Data"},0),350,250,150),"not in list")
or:
Formula:
=IFERROR(VLOOKUP($A1,$H$1:$I$3,2,FALSE),"not in list")
For the last option, you need to make a list of the carriers and their rates ... in this case, cells H1:I3.
It has the advantage that is is more flexible and you can add entries if you need to.
If you make the list into a Named Range, say, CarrierTable, you can use:
Formula:
=IFERROR(VLOOKUP($A1,CarrierTable,2,FALSE),"not in list")
And you can convert the list to a Table and then Excel will manage the Named Range so you can add entries. The most flexible option.
See the attached sample workbook.
Regards, TMS
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