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Create a model considering an order level of 4 0 0 orders and demand of 5 0 0 units. a ) Color code your model
Create a model considering an order level of orders and demand of units.
a Color code your model pts
b Create range names pts
c Use IF Statement to get the different units to be sold at regular price, leftover price
pts
d Use VLOOKUP to get the unit cost to be charged for the ordered units pts
e Calculate revenue, cost, profit pts
f How many units will have to be ordered to break even pts
g How many units will have to be ordered to get a profit of $pts
h How does a change in order units affect profit for order units with increment of units. Create a one way data table and a tine chart. Write down your observations pts
i How does a change in order units and demand units jointly affect the profit. Set up a twoway data table with profit as the output and order as the input with order quantities ranging from with increment of units and demand units is another input ranging from with increment of units pts
j Clearly note your observations pts
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