?
Solved

Excel script / formula to calculate lowest shipping cost

Posted on 2014-04-21
12
Medium Priority
?
1,118 Views
Last Modified: 2014-04-27
Hello Experts

I would like to add an Excel  function (either VBA or formulas) to check if the freight cost is cheaper if we use a higher assumed weight, rather than the actual weight. For example, in column L, the cost / kg is 1610 for weight <45 and 330 for >45. If actual weight is 43kg, it's cheaper to ship as 45kg.

Thanks!

Tom
Freight-Calculator-20140422.1.xlsx
0
Comment
Question by:tomfolinsbee
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
  • 8
  • 4
12 Comments
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40014017
where you want to put formula?

Cell L12...?

where is mention the cap of weight.....>45   <45...?

where is weight?

Thanks
0
 

Author Comment

by:tomfolinsbee
ID: 40014030
Yes, formula would go in row 12.

Actual weight is in cell B10.

Row 13 is for the "shipping weight" -- could be the actual weight, or it could be higher weight.

The upper and lower bound of each weight group is in a22:B99.

Thanks for your interest.
0
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40014055
looking
0
Technology Partners: We Want Your Opinion!

We value your feedback.

Take our survey and automatically be enter to win anyone of the following:
Yeti Cooler, Amazon eGift Card, and Movie eGift Card!

 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40014148
See attached ...let me know if there is confusion..

Formula changed from VLOOKUP to INDEX  - MATCH in Row 11. it is up to you,  can revert back formula from your previous file.(in my attachment)

Formula for Cell L11=INDEX(L32:L95,(MATCH($B$10,$A$32:$A$95,1)))*$B$10
Formula For Cell L12=IF(L11>(ROUNDDOWN(INDEX($A$32:$A$95,MATCH($B$10,$A$32:$A$95,1)+1),0))*(INDEX(L32:L95,MATCH($B$10,$A$32:$A$95,1)+1)),(ROUNDDOWN(INDEX($A$32:$A$95,MATCH($B$10,$A$32:$A$95,1)+1),0))*(INDEX(L32:L95,MATCH($B$10,$A$32:$A$95,1)+1)),"")
Formula For Cell L13=IF(L12="","",ROUNDDOWN(INDEX($A$32:$A$95,MATCH($B$10,$A$32:$A$95,1)+1),0))

Copy across formula in rows.
See attached file
Thanks
Freight-Calculator-20140422.1.xlsx
0
 

Author Comment

by:tomfolinsbee
ID: 40014240
Thanks Itjockey.

I think solution needs to be able to check all the higher weight categories, not just the next  heavier category.  Solution works for actual weight 40-45kg since the next price break is >45kg.  However, if actual weight is between 30-40kg, it's still cheaper to ship as 45kg.

For example, 30kg actual weight and the quotation in Col L.  
30kg x 1610 = 49,200
45kg x 330 = 14,850

Perhaps need to use a script to loop through all the higher weight groups?
0
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40014393
got it...

Formula for Cell L12=SUMPRODUCT(MIN((INDIRECT("$A$"&MATCH($B$10,$A$1:$A$95,1)+1):$A$95)*((INDIRECT(ADDRESS((MATCH($B$10,$A$1:$A$95,1)+1),COLUMN()))):L95)))

L13 working on it.

Thanks
0
 
LVL 8

Accepted Solution

by:
Naresh Patel earned 2000 total points
ID: 40015408
i guess this attachment will solve your problem....
Freight-Calculator-20140422.1.xlsx
0
 

Author Comment

by:tomfolinsbee
ID: 40019177
itjockey, thanks for the update.  The formulas look really complicated so I added another section at row 133 where I calculate the $/package for all weight categories (previously it was mixture of $/package and $/kg).  Would this simply the formula for finding the $/package where

1) min weight (column A) is > than the actual weight; and
2) the $/package is cheaper than the $/package calculated with the actual weight?

Appreciate your help with this!
Freight-Calculator-20140424.3-Wo.xlsx
0
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40024883
Sorry For Delay In Reply ...sure on Monday or if i have time then Sunday
0
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40026561
1) min weight (column A) is > than the actual weight; and
2) the $/package is cheaper than the $/package calculated with the actual weight?

Where do u need formula to put?


Thanks
0
 
LVL 8

Expert Comment

by:Naresh Patel
ID: 40026567
or I suggest close this question if your original post is satisfied & go for new question.

Thanks
0
 

Author Closing Comment

by:tomfolinsbee
ID: 40026608
I've made some changes to the model which will simplify the formula so will post a new question. Thank you!
0

Featured Post

Free Tool: Subnet Calculator

The subnet calculator helps you design networks by taking an IP address and network mask and returning information such as network, broadcast address, and host range.

One of a set of tools we're offering as a way of saying thank you for being a part of the community.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Since upgrading to Office 2013 or higher installing the Smart Indenter addin will fail. This article will explain how to install it so it will work regardless of the Office version installed.
In Part II of this series, I will discuss how to identify all open instances of Excel and enumerate the workbooks, spreadsheets, and named ranges within each of those instances.
This Micro Tutorial demonstrates in Microsoft Excel how to consolidate your marketing data by creating an interactive charts using form controls. This creates cool drop-downs for viewers of your chart to choose from.
This Micro Tutorial will demonstrate how to use a scrolling table in Microsoft Excel using the INDEX function.

741 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question