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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSRs products is fencing used on downhill courses. The fence product comes
Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSRs products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size:
Quantity Ordered | ||
From | To | Price per Roll |
1 | 60 | $215 |
61 | 120 | $195 |
121 | 240 | $175 |
241 | and up | $155 |
Click on the datafile logo to reference the data.
(a) | Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. | ||||||||||||||||||||||||
$ | |||||||||||||||||||||||||
(b) | Use the COUNTIF function to determine the number of orders in each price bin. | ||||||||||||||||||||||||
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