John Moura
asked on
Tiered pricing equation issue with excel and google sheets.
Good Evening Experts,
I am having an issue building out a spreadsheet to solve a tiered mileage equation. I have tried using IF statements, SUMPRODUCT and vlookup statements but not having much luck. I tried "JE McGimpsey's" variable rate equation, but didn't have success.
The pricing structure is tired so that the first mile is billed at a higher rate, than the next ten miles are at a different rate, continuing so-on and so-on. I have included a mockup of what I am trying to accomplish with a few manually solved routes. I need to figure out a way to automate the calculations for A,B,C,D,E,F
Thanks for any help or insights you might have.
I am having an issue building out a spreadsheet to solve a tiered mileage equation. I have tried using IF statements, SUMPRODUCT and vlookup statements but not having much luck. I tried "JE McGimpsey's" variable rate equation, but didn't have success.
The pricing structure is tired so that the first mile is billed at a higher rate, than the next ten miles are at a different rate, continuing so-on and so-on. I have included a mockup of what I am trying to accomplish with a few manually solved routes. I need to figure out a way to automate the calculations for A,B,C,D,E,F
Thanks for any help or insights you might have.
The following kind of formula may be used for tiered pricing problems.
TieredPricesQ29164555.xlsx
=MAX(0,MIN(D$15,$B17)-C$15)*C$16
Row 15 (green highlighting) must show the bottom of each bracket. I took some liberties with your table to better match the words in your description. Note that the cost breakdown is slightly different from yours because of this.TieredPricesQ29164555.xlsx
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Paul
Tiered-Pricing.xlsx