Weighted decision matrix

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Weighted decision matrix — page 1

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WEIGHTED DECISION MATRIX
Yellow cells = you type · blue cells = calculated (do not overwrite) · example rows are fictional — replace them.
DecisionWhich forklift to buy for the warehouse (sample)
CriterionWeight (1–5)Weight %Option A — Diesel 3 tOption B — Electric 2.5 tOption C — LPG 3 tOption D — Used diesel
Purchase price (lower is better)5IF(N(B6)=0,"",B6/SUM($B$6:$B$17))3235
Running cost per hour4IF(N(B7)=0,"",B7/SUM($B$6:$B$17))2532
Lift capacity vs need3IF(N(B8)=0,"",B8/SUM($B$6:$B$17))5454
Indoor use (fumes, noise)4IF(N(B9)=0,"",B9/SUM($B$6:$B$17))1531
Service available nearby3IF(N(B10)=0,"",B10/SUM($B$6:$B$17))4342
Warranty2IF(N(B11)=0,"",B11/SUM($B$6:$B$17))4431
Resale value1IF(N(B12)=0,"",B12/SUM($B$6:$B$17))3332
IF(N(B13)=0,"",B13/SUM($B$6:$B$17))
IF(N(B14)=0,"",B14/SUM($B$6:$B$17))
IF(N(B15)=0,"",B15/SUM($B$6:$B$17))
IF(N(B16)=0,"",B16/SUM($B$6:$B$17))
IF(N(B17)=0,"",B17/SUM($B$6:$B$17))
WEIGHTED SCORE (out of 5)22SUM(C6:C17)IF(D5="","",ROUND(SUMPRODUCT($C$6:$C$17,D6:D17),2))IF(E5="","",ROUND(SUMPRODUCT($C$6:$C$17,E6:E17),2))IF(F5="","",ROUND(SUMPRODUCT($C$6:$C$17,F6:F17),2))IF(G5="","",ROUND(SUMPRODUCT($C$6:$C$17,G6:G17),2))
RankIF(D18="","",RANK(D18,$D$18:$I$18))IF(E18="","",RANK(E18,$D$18:$I$18))IF(F18="","",RANK(F18,$D$18:$I$18))IF(G18="","",RANK(G18,$D$18:$I$18))
Criteria scored 1 or less (deal-breakers?)1002
"Best option: "&INDEX($D$5:$I$5,MATCH(MAX($D$18:$I$18),$D$18:$I$18,0))&" — "&TEXT(MAX($D$18:$I$18),"0.00")&" of 5"
IF(COUNTIF($D$18:$I$18,MAX($D$18:$I$18))>1,"Tie at the top — add a criterion or adjust weights","Runner-up gap: "&TEXT(MAX($D$18:$I$18)-LARGE($D$18:$I$18,2),"0.00"))
Scores: 1 = poor, 3 = acceptable, 5 = excellent. For "lower is better" criteria (price, cost) give the cheapest option the highest score — or use the Scale sheet.
Yellow cells = you type · blue cells = calculated (do not overwrite) · example rows are fictional — replace them.
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