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This must be completed using excels goal seek function. Problem 1. Short-Run Pricing Decision: Special Orders Desert Adventures has received a one-time offer for 5
This must be completed using excels goal seek function.
Problem 1. Short-Run Pricing Decision: Special Orders Desert Adventures has received a one-time offer for 5 additional tours at a discounted price of $700 per tour. The regular price is $900 per tour and they have enough idle capacity in the month to take the offer. Use Excel goal seek function to answer the questions below. (1). Should the company accept the special order of 5 tours at a discounted price of $700 per tour? (2). What is the minimum discounted price per tour that the company would still be willing to accept the special order of 5 tours? (3). What is the maximum number of tours the company would still be willing to accept at $700 per tour? Problem 1. Short-Run Pricing Decision: Special Orders Desert Adventures has received a one-time offer for 5 additional tours at a discounted price of $700 per tour. The regular price is $900 per tour and they have enough idle capacity in the month to take the offer. Use Excel goal seek function to answer the questions below. (1). Should the company accept the special order of 5 tours at a discounted price of $700 per tour? (2). What is the minimum discounted price per tour that the company would still be willing to accept the special order of 5 tours? (3). What is the maximum number of tours the company would still be willing to accept at $700 per tourStep by Step Solution
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