Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is...
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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's 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 Price per Roll 1 80 $215 81 160 $195 161 320 $175 321 and up $155 Click on the datafile logo to reference the data. DATA file (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. From Price per Roll Number of Orders 1 80 $215 81 160 $195 161 320 $175 321 and up $155 172 Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's 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 Price per Roll 1 80 $215 81 160 $195 161 320 $175 321 and up $155 Click on the datafile logo to reference the data. DATA file (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. From Price per Roll Number of Orders 1 80 $215 81 160 $195 161 320 $175 321 and up $155 172
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