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Excel Exercise # 6

This document provides instructions for using Excel to calculate shipping costs based on distances between warehouses and cities, shipping quantities, and a per-unit cost. The tasks include: 1) Entering distance and shipping data into a worksheet renamed "Shipping Cost" 2) Calculating per-unit shipping costs between each warehouse-city pair and total costs for each shipment 3) Adding warehouse and city names and using MATCH to look up positions in distance and cost matrices instead of numbers 4) Saving the completed spreadsheet as "SHIPPING.XLS"

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Aditi Tuteja
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0% found this document useful (0 votes)
17 views12 pages

Excel Exercise # 6

This document provides instructions for using Excel to calculate shipping costs based on distances between warehouses and cities, shipping quantities, and a per-unit cost. The tasks include: 1) Entering distance and shipping data into a worksheet renamed "Shipping Cost" 2) Calculating per-unit shipping costs between each warehouse-city pair and total costs for each shipment 3) Adding warehouse and city names and using MATCH to look up positions in distance and cost matrices instead of numbers 4) Saving the completed spreadsheet as "SHIPPING.XLS"

Uploaded by

Aditi Tuteja
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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EXCEL EXERCISE # 6

EXCEL EXERCISE # 6 Shipping Cost Computation

A company supplies its product to four cities


from five warehouses. A shipping plan is
given. The per unit shipping cost per unit
distance is given as 5 monetary units. The
distances between the five warehouses and
the four cities are also given. With this data
compute the cost of shipping the various
quantities given between the warehouses
and the cities.
Enter the following information onto Sheet1. Double click on the tab for the
worksheet and rename it: Shipping Cost.
Compute the cost of shipping one unit between
each pair of warehouse and city. That is, you need
to obtain a five by four array by multiplying each
element of the distance array by the per unit cost
given in K2. Let us allocate the range C22:F26.
Enter the formula:
C22: =$K$2*C13

Copy this in all cells C22:F26


In the range E3:E8, compute the cost between
each warehouse city pair for the given shipping
plan, by multiplying the shipping quantity with the
per unit shipping cost between the corresponding
warehouse and city.
Enter the formula:
E3: =D3*Index($c$22:$f$26,b3,c3)

Copy the above formula to E4:E8


Your spreadsheet should now look like this
Suppose rows and columns of the distance
matrix are labeled with names of their
respective warehouses and cities
respectively; similarly, in the shipping plan,
instead of warehouse and city numbers, the
corresponding names are given. In this
case, in each transaction, you need to
convert the warehouse and city names to
the row and column numbers in which their
costs occur in the matrix.
Your spreadsheet should now look like this
Enter the following formula in the given cells:

Cell Formula Comments

C3 =Match(B3,$G$13:$G$17,0) Returns the position of BLR in


vector G3:G 17
Copy this to range C4:C8

E3 = Match(D3,$H$12:$K$12,0) Returns position of MUM in


vector H12:K 12
Copy this to range E4:E8

G3 =$M$3*$F$3*Index($H$13:$K$17,C3,E3) Copy this to range G4:G8


What have you done:
You used a function that tells you the position of a
given value within a vector of values. This capability
is provided by the function MATCH.

Note that the two functions INDEX and MATCH are


somewhat opposite in their tasks: INDEX returns a
value occurring at a specified location in a specified
vector or a matrix, whereas MATCH returns the
location in a vector where a given value occurs.
Your final spreadsheet should now look like this
Save the spreadsheet: SHIPPING.XLS

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