Question: 4. Create a C / R / P system chart for your product line. First, complete the data matrix shown below with appropriate R and

4. Create a C/R/Psystem chart for your product line. First, complete the data matrix

shown below with appropriate R and P values that would be associated with each

given value of x. Second, use the x, C, R, P information as the basis for

your Excel Chart.

R= 0.4375(x)2+ 937.5(x).

C = -0.1733(x)2+ 424.81(x)+ 119,384

P= 0.2642(x)2+ 512.69(x) 119,384

QUESTIONS:

a. To identify Revenue R values, use the equation you previously created in

Section B, item B.3, to perform calculations at each x value.

b. To identify Profit P values, perform (R) (C) calculations at each x value.

c. Use Excels Chart feature to plot the products C, R and P values from

your completed data matrix on one set of axes. Include trend lines, trend line

equations and appropriate [(R2)] or [(R2)adj] values.

Product

17

Units [x]

Cost [C]

Revenue [R]

Profit [P]

100

145,000

200

225,000

400

245,000

600

315,000

800

350,000

1,000

370,000

1,200

380,000

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