Essentials of Business Analytics 1st Edition by Jeffrey Camm,James Cochran,Michael Fry,Jeffrey Ohlmann ,David Anderson

Exercise 6

Refer to Problem 18. 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 FloydsMay 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
Hint: The INDEX function may be used with a two-dimensional array: 5INDEX( array , row_num , column _ num ), where array is a matrix, row_num is the row number, and column_num is the column position of the desired element of the matrix.