Custom Rounding And IF Statement In One Formula

Aug 3, 2013

Round to Nearest Half Based On Defined Range of Decimal thread.

So here is what happens in the first half of the equation....I round numbers to the nearest half based on a specific range of decimals in the original number. For example if the number in A1 is:

28.0 to 28.399 then rounds DOWN to 28
28.4 to 28.799 then rounds to 28.5
28.8 to 28.99 then rounds UP to 29

For this I am using shg's equation:

[Code] ........

This is all I needed for most of my numbers.....but one part goes one step further.....

NOW THE SECOND HALF......Once the first half of the equation rounds the number above, I need the second half of the equation to then do the following. If the resulting number from the first part of equation above is:

1 through 3 = its own size (1 is 1, 1.5 is 1.5, 2 is 2, 2.5 is 2.5, 3 is 3)
3.5 to 7 = 3
7.5 and above = 4
Resulting number from last part of the formula multiply by 2

So this will end up being only 1, 1.5, 2, 2.5, 3, or 4 multipled by 2.

I am pretty sure this second part would be an IF statement (or maybe there is a more efficient way), but I am still learning the ins and outs of that....but I don't know how to use the first formula and add the needed second part into all one formula.

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I have a scenario where I calculate the size of a piece of process equipment, and then select the next highest size from a list of standard equipment that we supply.

I've managed to write an ugly brute-force solution to a relatively straightforward previous situation, but I'm reluctant to redo the entire exercise when I'm sure there's a more straightforward way of doing this.

An example of the problem:

We sell equipment in sizes 1, 3, 8, 12 and 25. I calculate that the piece of equipment theoretically needs to be size 19.6. I want a formula that will automatically generate the answer to this as 25. Similarly, if my formula shows a theoretical size of 12.01, I want the formula to state the actual size as 25.

My previous method of solving this was a series of nested ifs, searching for the rounded value of my formula output, then that value +1, then +2 upto a maximum of +5. This wasn't a pretty sight, but it worked for that situation.

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Using three decimal places for all the samples, I can get 0.0785 to round to 0.078 but 0.1785 wants to round to 0.179 instead of staying 0.078. Or 0.0005 will round to 0 but 0.5115 wants to round to 0.511 instead of 0.512.

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1) =MROUND(A2,0.001)

3) =ROUND(A2,3)

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*
A
B
C

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[Code] .......

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:15, :16, :17, :18, :19, :20
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:27, :28, :29, :30, :31, :32
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