Question
Use the table below to answer the following question(s). Bolton Computer's Laptop Pricing Decision Inputs Price Model Sales -3.85 price + 1150.9 Outputs Total revenue
Use the table below to answer the following question(s).
| Bolton Computer's Laptop Pricing Decision | |
| Inputs | |
| Price | |
| Model | |
| Sales | -3.85 price + 1150.9 |
| Outputs | |
| Total revenue | sales price |
Bolton Computers are planning to release a new line of low-end laptops. Using Excel's Solver, develop a nonlinear model to calculate the optimal price for the laptops, given that sales = -3.85 price + 1150.9.
A) 149.47
B) 380.90
C) 342.40
D) 719.70
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The Restaurant From Concept to Operation
Authors: John R Walker
6th Edition
9781118139950, 470626437, 111813995X, 978-0470626436
