Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8.1 Create a one-way data table for profit at different levels of supplier contact in range B22:C33. Ensure that the price in cell C3 is
8.1 Create a one-way data table for profit at different levels of supplier contact in range B22:C33.
- Ensure that the price in cell C3 is $290 and the advertising budget in cell C5 is $35,000,000 (you may need to manually adjust these values).
- Use the values in range B23:B33 as the different levels of the supplier contract.
- Reference the profit calculation in cell F12.
- Notice the Supplier Contract and Profitability chart updates with the values in the data table to visually demonstrate the relationship between supplier contract amounts and the profitability.
8.2 Create a two-way data table for profit at different levels of price and advertising budget in range B36:E57.
- Use the values in range B37:B57 as the values for Price.
- Use the values in range C36:E36 as the values for Advertising Budget.
- Reference the profit calculation in cell F12.
8.3 Complete the Price, Advertising, and Profitability chart.
- Notice that the series for $25,000,000 is already on the chart.
- Add the series for advertising budgets $50,000,000 and $75,000,000 from your data table to the chart.
Get & Transform Data Queries & Connections Data Types C13 Sort & fx =IF(F3>C3,0,IF(F3-C3)/F3
Step by Step Solution
★★★★★
3.51 Rating (151 Votes )
There are 3 Steps involved in it
Step: 1
To create a oneway data table for profit at different levels of supplier contact follow these steps ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started