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Determining unit price from a pricing matrix...

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    Determining unit price from a pricing matrix...

    I'm trying to build a calculator for product pricing. The idea is that a person would select a number of criteria and the calculator would generate a unit price which would then be multiplied by a quantity to yield an order price.

    However, I can't figure out how to use the input criteria to lookup the unit price from a pricing matrix. The logic formulas seem to assume TRUE or FALSE, which doesn't allow for more than two possible anwers. And the LOOKUP formulas don't seem to account for multiple criteria.

    I've attached a simplified example as a screen shot. Does anyone know how I can determine the unit price, based upon the answers of two different criteria?

    -Paul
    Attached Images Attached Images

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    Forum Guru DonkeyOte's Avatar
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    Re: Determining unit price from a pricing matrix...

    Paul, it's rarely a good idea to "dumb down" requirements as generally speaking the complexities dictate the viable approaches

    Also, sample files are more helpful than images (for all concerned)

    Using the basic example a SUMIF would suffice - given we can't see range references we will have to make them up:

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    In the above we are assuming the lists are linked to cells C2:C3 and that colours appear in B11:B16 and sizes C10:D10

    You could also use an INDEX/MATCH but SUMIF has added advantage that it will return 0 by default should invalid selections be made.
    Last edited by DonkeyOte; 10-19-2010 at 06:14 PM. Reason: delimiter point irrelevant given US locale

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    Re: Determining unit price from a pricing matrix...

    Point taken, DonkeyOte! I had some difficulty following your response since I made it somewhat difficult for you to respond in the first place.

    But after all that, it absolutely works! Thank you for your help -- and next time I'll attach a spreadsheet instead.

    -Paul

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    Thumbs up Re: Determining unit price from a pricing matrix...

    Quote Originally Posted by DonkeyOte View Post
    Paul, it's rarely a good idea to "dumb down" requirements as generally speaking the complexities dictate the viable approaches

    Also, sample files are more helpful than images (for all concerned)

    Using the basic example a SUMIF would suffice - given we can't see range references we will have to make them up:

    Please Login or Register  to view this content.
    In the above we are assuming the lists are linked to cells C2:C3 and that colours appear in B11:B16 and sizes C10:D10

    You could also use an INDEX/MATCH but SUMIF has added advantage that it will return 0 by default should invalid selections be made.
    I know this thread is a bit old but I'd like to thank you for you answer it worked a treat.

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