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Consider the following scenarios: Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Variable Cost / Book $ 5 $ 7 $ 1 1

Consider the following scenarios:
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
Variable Cost/Book $5 $7 $11 $9 $10
Access Price $45 $50 $42 $52 $65
Demand 2,7001,0006,0005,2002,400
For each of these scenarios, the fixed cost remains $170,000. Use Scenario Manager to generate a summary report that gives the profit for each of these scenarios. Which scenario yields the highest profit? Which scenario yields the lowest profit? For subtractive or negative numbers use a minus sign.
Scenario 4
yields the highest profit of $
.
Scenario 5
yields the lowest profit of $
.

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