Formula to calculate the unit cost that changes based on the quantity purchased
Math Formula to Properly Price Units
No, because people value different things in different units. Perfect is subjective here.
Why is the T-72BU 10 points more expensive than the T-80UM? Purely for those 2 points of armor? What about the extra 15km/hr of offroad speed the UM has and the power of the Invar over the Svir? Situational and very, very subjective tradeoffs.
More on reddit.comHow do I calculate the unit price?
You can calculate the unit price using the unit price formula. Divide the item's total price by the number of units of the item:
unit price = total price / no. of units.
What is per unit price?
The per unit price is the price of an item per each unit that is purchased or sold. This is the same as the unit price, but worded in a different way.
What is the unit price?
The unit price is the cost per ounce, per pound, per kilogram, per liter, or other units of weight or volume of an item you want to buy.
For example, let's say you're hungry for pancakes and need to buy some flour. In the shop, you have two choices: a smaller package – $1 for 1 kg, and a larger one – $1.35 for 1.5 kg. You'd need to consider the unit price to know which is a better buy.
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We sell a product that has a unit price that decreases as the volume purchased increases and want to add an "unlimited" price that's based on a specific volume.
Currently, the volume increments are 0-40k, 40k-70k, 70k-100k, 100k-1M, and above 1M in column A and each increment has a unit price in column B.
I want to change that last increment to 1M-6M and add a row for 6M+ but use the specific word "unlimited" in column A.
Today, the formula to calculate the cost is: =IF(B14>A6, A3*B3+(A4-A3)*B4+(A5-A4)*B5+(A6-A5)*B6+(B14-A7)*B7, IF(B14>A5, A3*B3+(A4-A3)*B4+(A5-A4)*B5+(B14-A5)*B6, IF(B14>A4, A3*B3+(A4-A3)*B4+(B14-A4)*B5, IF(B14>A3, A3*B3+(B14-A3)*B4, B14*B3))))/B14/5000
First of all, shouldn't we be using a VLOOKUP instead of that ridiculously long formula?
... and, is there a way to create a formula that looks for the word "unlimited" instead of a number to calculate a price?