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How can I enter a value and obtain an average based upon tiers.

  1. #1
    M Purvis
    Guest

    How can I enter a value and obtain an average based upon tiers.

    Monthly
    Volume Price per Unit
    Tier 1 100,000 $0.400
    Tier 2 200,000 $0.300
    Tier 3 300,000 $0.200


    What formula would I use to determine what the average price would be based
    upon entering a specific number in a cell, such as 250,000?

    I want to create a pricing calculator, in which I can enter the volume for
    the month and it creates what the price is based upon the previously stated
    tiers.

    Many thanks,

    Matt


  2. #2
    Max
    Guest

    Re: How can I enter a value and obtain an average based upon tiers.

    One way is via VLOOKUP

    Supposing this table below is in Sheet1, in A1:C4

    > Tier 1 100,000 $0.400
    > Tier 2 200,000 $0.300
    > Tier 3 300,000 $0.200


    In Sheet2

    In A1 is the volume: 250000

    To get the tier unit price for the volume in A1, put in say, B1:
    =IF(A1="","",VLOOKUP(A1,Sheet1!$B$2:$C$4,2,1))

    Format B1 as currency

    Copy B1 down to retrieve other prices
    for other volumes in A2 down
    --
    Rgds
    Max
    xl 97
    ---
    GMT+8, 1° 22' N 103° 45' E
    xdemechanik <at>yahoo<dot>com
    ----
    "M Purvis" <M Purvis@discussions.microsoft.com> wrote in message
    news:62D6B1B2-FDE1-4233-AC12-2BD7E179FF3F@microsoft.com...
    > Monthly
    > Volume Price per Unit
    > Tier 1 100,000 $0.400
    > Tier 2 200,000 $0.300
    > Tier 3 300,000 $0.200
    >
    >
    > What formula would I use to determine what the average price would be

    based
    > upon entering a specific number in a cell, such as 250,000?
    >
    > I want to create a pricing calculator, in which I can enter the volume for
    > the month and it creates what the price is based upon the previously

    stated
    > tiers.
    >
    > Many thanks,
    >
    > Matt
    >




  3. #3
    Max
    Guest

    Re: How can I enter a value and obtain an average based upon tiers.

    And a more involved interp of your post
    would point to JE's page at:
    http://www.mcgimpsey.com/excel/variablerate.html

    --
    Rgds
    Max
    xl 97
    ---
    GMT+8, 1° 22' N 103° 45' E
    xdemechanik <at>yahoo<dot>com
    ----



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