Divisional formula misunderstanding - simple

[Deleted]

Apologize, Im not fluent in excel vocabulary yet. please, bare with me.

Im trying to find the "lowest bid" in a divisional formula for B2 through F3

And then have the =INDEX of the vendor name (ex: Vendor #1, Vendor #2, etc) show in column I (Vendor Name Column)

I'm Looking for a formula for Price and weight per ounce. The Lowest price per ounce Vendor Name enters into Column I "Vendor Name".

 => example: if the same product costs $17 for 18oz from Vendor #1, and 6.99 for 12 oz. from Vendor #2,

What formula to have the price per ounce EQUAL the lowest bid.  (where vendor #2 is cheaper than Vendor #1 per ounce)

Lowest price per ounce =  lowest bid.

Where the B2/B3 is the price per oz.

I need to have the "Vendor Name" column recognize this divisional formula and =INDEX the name

What I have in the "Low Bid' Column H only equals B2/B3 and not the entire B2/B3 : F3 comparison

Column H Formula : =MIN(B2:F3, B2/B3)

      -( which gives only B2:B3 as answer for "low Bid" per ounce.)

Column I Formula : =INDEX($B$1:$F$1,MATCH(H2,B2:F2,0))

Note: only columns B2:B3 have this formula which equals the #N/A for I2.

If this isn't enough information, I apologize,  please ask and I'm happy to share

heres the example:

               A                                       B                            C                          D                           E                  

Vendor / Item	Vendor #1	Vendor #2	Vendor #3	Vedor #4	Vendor #5		Low Bid	Vendor Name
Product #1	17.04	6.99			53.65		0.946666667	#N/A
WEIGHT	18	12.3			80		12.3	Vendor #2
Product #2	19.82				6.31		6.31	Vendor #5
WEIGHT	16				16		16	Venor #1

[#2 · Accepted solution]

Hi,

That could be

=AGGREGATE(15,6,$B2:$F2/$B3:$F3,1)

for Low Bid

and

=LOOKUP($H2,$B2:$F2/$B3:$F3,$B$1:$F$1)

for Vendor name. Also in attached file.

[#3]

Thank You Mr. Sergei, works perfectly.