Reference no: EM131668766

Question: Refer to Problem. Floyd's Bumpers pays a transportation company to ship its product in full truckloads to its customers. Therefore, the cost for shipping is a function of the distance traveled and a fuel surcharge (also on a per-mile basis). The cost per mile is $2.42, and the fuel surcharge is $0.56 per mile. The file Floyds May contains data for shipments for the month of May (each record is simply the customer zip code for a given truckload shipment) as well as the distance table from the distribution centers to each customer. Use the MATCH and INDEX functions to retrieve the distance traveled for each shipment, and calculate the charge for each shipment. What is the total amount that Floyd's Bumpers spends on these May shipments?

Problem: Floyd's Bumpers has distribution centers in Lafayette, Indiana: Charlotte, North Carolina; Los Angeles, California; Dallas, Texas; and Pittsburgh, Pennsylvania. Each distribution center carries all products sold. Floyd's customers are auto repair shops and larger auto parts retail stores. You are asked to perform an analysis of the customer assignments to determine which of Floyd's customers should be assigned to each distribution center. The rule for assigning customers to distribution centers is simple: A customer should be assigned to the closest center. The data file Floyds contains the distance from each of Floyd's 1029 customers to each of the five distribution centers. Your task is to build a list that tells which distribution center should serve each customer. The following functions will be helpful:

=MIN(array)

The MIN function returns the smallest value in a set of numbers. For example, if the range A1:A3 contains the values 6, 25, and 38, then the formula =MIN(A1:A3) returns the number 6, because it is the smallest of the three numbers.

=MATCH(lookup_value, lookup_array, match type)

The MATCH function searches for a specified item in a range of cells and returns the relative position of that item in the range. The lookup_ value is the value to match, the lookup_array is the range of search, and match type indicates the type of match (use 0 for an exact match). For example, if the range A1:A3 contains the values 6, 25, and 38, then the formula =MATCH(25,A1:A3,0) returns the number 2, because 25 is the second item in the range.

=INDEX(array, column_num)

The INDEX function returns the value of an element in a position of an array. For example, if the range A1:A3 contains the values 6, 25, and 38, then the formula =INDEX(A1: A3, 2) 5 25 because 25 is the value in the second position of the array A1:A3. In the second column use the MATCH function to find the position of the minimum distance. In the third column, use the position in the previous column with the INDEX function referencing the row of distribution center names to find the name of the distribution center that should service that customer.