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adjusting a price based on volume

  1. #1
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    adjusting a price based on volume

    Hello,

    I am an amateur for sure at excel but always on the hunt for more knowledge. I am trying to figure out if something here is even possible. I have an order form and a price list. I get different pricing based on the quantity I purchase. I would like to have the price auto populate based on the quantity entered. The price will be on another sheet.

    I couldn't find a lot of info but I also may not know where to look.

    example:


    if (b2<62) then price is ($sheet2.b2)
    if (b2<124) then price is ($sheet2.c2)
    if (b2<372) then price is ($sheet2.d2)

    Is this even possible to put into a formula?

    Thanks everyone for your help

  2. #2
    Forum Guru TMS's Avatar
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    Re: adjusting a price based on volume

    =IF(B2<62,Sheet2!B2,IF(B2<124,Sheet2!C2,IF(B2<372,Sheet2!D2,"another price")))

    Regards

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    Re: adjusting a price based on volume

    Thanks, It worked!!

    great forum, will stick around and learn a thing or two!
    Last edited by kwkness; 09-17-2010 at 06:20 PM.

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    Re: adjusting a price based on volume

    That's great, I am too an amateur! but, what if you wanted to include a 2nd factor for calculating price? What if the price wasn't only based upon price breaks, but on an x and y axis (pricing grid)? For instance, 10 price breaks and 10 quality breaks (100 different price outcomes based on the 2 factors). Is that too complex?

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    Forum Guru TMS's Avatar
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    Re: adjusting a price based on volume

    Hi and welcome to the forum.

    Please note that you should not ask a question in someone else's thread, albeit an old one such as this.

    You should post a new thread and include a link to any threads that you think are relevant and helpful, such as this.

    Off hand, I suspect that you could use INDEX with two MATCHes to select an answer from a two dimensional matrix.

    When you post your new thread, it would be helpful if you upload a sample workbook with some typical data.

    Regards, TMS
    Trevor Shuttleworth - Retired Excel/VBA Consultant

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    Re: adjusting a price based on volume

    Thanks Trevor! I appreciate the help and info, will start a new thread.

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    Re: adjusting a price based on volume

    You're welcome. Thanks for the rep.

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