Solved

Excel - Weightage

Posted on 2016-09-04
3
111 Views
Last Modified: 2016-09-05
Hi Experts

I have a data set which has got 190 Products arranged in Columns, and 4 Rows, which show the Value % Change over 4 different time duration respectively.

I need to do 2 tasks in this worksheet.

First I need to give the Weights to each of the 4 different time duration values, based on this method -
The calculation is weighted, with the most recent three months assigned a 40% weight, while the previous nine months receive a 60% weight.
The basis of rank calculation is this formula -
40 * A% + 20 * B% + 20 * C% + 20 * D% - 100%


The second step -
Once we have the FINAL WEIGHTS based on the method explained above, then we need to RANK these final values on a scale of 1 to 100.
The biggest final weight value will get the rank of 100 and the least value will get the rank of 0.


Please suggest how to do it. If you need more clarification on any point, then please ask, and I will explain more.

I am using the following software versions -
Microsoft SQL Server Management Studio version-  12.0.2000.8,
Microsoft Office 2016 x64
and Windows 7 x64

I have attached the Excel File having the data.
Excel---Weights.xlsx

Snapshot of the Sheet -
Weights.png
Thanks
0
Comment
Question by:happy 1001
3 Comments
 
LVL 47

Accepted Solution

by:
Wayne Taylor (webtubbs) earned 250 total points
ID: 41784193
Not entirely sure I understand your weighting requirements. But again, you use the RANK function to determine the rank. Take a look at the attached and see if it is what you are after.
Excel---Weights.xlsx
0
 
LVL 30

Assisted Solution

by:Subodh Tiwari (Neeraj)
Subodh Tiwari (Neeraj) earned 250 total points
ID: 41784208
Try this...

In D9
=SUMPRODUCT((D5:D8)*(($G$15:$G$18/100)))

Open in new window

and then copy across.

To get rank
In D10
=RANK(D9,$D$9:$GK$9,1)

Open in new window

and copy across.
0
 

Author Comment

by:happy 1001
ID: 41784568
@ Wayne Taylor, thank you so much. You have correctly understood the weighting requirement and those formulas are working great.

@ Subodh Tiwari Ji, thank you so much for your help.
I have one doubt, if I have a formula in the cell D9 and I want to copy it across to the whole range "D9 to GK9" in our example, then what keyboard shortcuts should I use in order to copy it across ? I find it pretty hard to drag the mouse to large ranges, and I have to do such thing quite often. Hopefully there would be an easier way to copy across such formulas.

Thanks a lot
0

Featured Post

Free Tool: SSL Checker

Scans your site and returns information about your SSL implementation and certificate. Helpful for debugging and validating your SSL configuration.

One of a set of tools we are providing to everyone 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

Suggested Solutions

Title # Comments Views Activity
Excel Calculation 4 60
Copy and Paste Text into Text Box 3 29
Filtering - Visible Rows 22 29
NEED TRANSFER  DATA 59 24
Introduction This Article is a follow-up to my Mappit! Addin Article (http://www.experts-exchange.com/A_2613.html), it was inspired by an email posting I made to EUSPRIG (http://www.eusprig.org/index.htm), I will briefly cover: 1) An overvie…
When you see single cell contains number and text, and you have to get any date out of it seems like cracking our heads.
The viewer will learn how to use a discrete random variable to simulate the return on an investment over a period of years, create a Monte Carlo simulation using the discrete random variable, and create a graph to represent the possible returns over…
Many functions in Excel can make decisions. The most simple of these is the IF function: it returns a value depending on whether a condition you describe is true or false. Once you get the hang of using the IF function, you will find it easier to us…

820 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