A clever technique to simplify your long, nested IF formulas

Recently I used an elegant and smart technique to simplify lengthy nested IF formulas and made them 80% shorter. In this article, let me explain the process and share the results.
Formula Forensics 040 – Apportioning Sales by Criteria
Lets look at how to apportion sales according to multiple criteria
Formula Forensics No. 003b – Lukes Reward – Part II
A Formula based solution to extract records from a table that match a number of criteria.
What is the average speed of this road trip? [Solution & Discussion]
Last week, we had an interesting homework problem – What is the average speed of this road trip?
We received more than 150 answers. But to my surprise, 57 of them are wrong. So today, lets learn how to calculate the average speed correct way.
Calculating Maximum Change [solutions & discussion]
Last Friday, we had a fun little Excel challenge – Calculate Maximum Change. More than 170 people commented and shared their solutions to this problem.
And the best part?
The best part is the variety of solutions & thinking displayed by our community. So if you are one of those 170, puff your chest & pat yourself on the back. Go ahead, I will wait.
Today, lets take a look at some of these awesome formulas and understand how they work. Read on and watch the video you below to gain few awesomeness pounds.
Extract file name from full path using formulas
Today lets tackle a very familiar problem. You have a bunch of very long, complicated file names & paths. Your boss wants a list of files extracted from these paths, like below:
Of course nothing is impossible. You just need correct ingredients. I cannot help you with a strong cup of coffee, so go and get it. I will wait…
Back already? well, lets start the formula magic then.
Formula Forensics No. 031 – Production Scheduling using Excel
Your the production manager and have a need to schedule uneven resource across uneven requirements, how can you do that?
Well today we’ll look at Resource Allocation and Scheduling using Excel to do the hard work