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The tutorial demonstrates a 3-criteria lookup process for a workbook, with two criteria in records and one in a column. The goal is to add values to a cell based on the criteria. Two methods are shown: one creates a new column by combining criteria, while the other uses IF and INDEX functions to pull values based on the criteria. Adding an extra column is advised to avoid waste. For detailed instructions, visit the channel and download the workbook between 7:11 to 7:14.