8.1 Create a one-way data table for profit at different levels of supplier contact in range B22:C33.

1. Ensure that the price in cell C3 is $290 and the advertising budget in cell C5 is $35,000,000 (you may need to manually adjust these values).
2. Use the values in range B23:B33 as the different levels of the supplier contract.
3. Reference the profit calculation in cell F12.
4. Notice the Supplier Contract and Profitability chart updates with the values in the data table to visually demonstrate the relationship between supplier contract amounts and the profitability.
5.  

8.2 Create a two-way data table for profit at different levels of price and advertising budget in range B36:E57.

1. Use the values in range B37:B57 as the values for Price.
2. Use the values in range C36:E36 as the values for Advertising Budget.
3. Reference the profit calculation in cell F12.
4.  

8.3 Complete the Price, Advertising, and Profitability chart.

1. Notice that the series for $25,000,000 is already on the chart.
2. Add the series for advertising budgets $50,000,000 and $75,000,000 from your data table to the chart.

Transcribed Image Text:

Get & Transform Data Queries & Connections Data Types C13 Sort & fx =IF(F3>C3,0,IF(F3-C3)/F3<-1,-1,(F3-C3)/F3)) A B 17 D Price (C3) Supplier Contract (C4) Advertising (C5) E H $200 $50,000,000 18 $250 K $329 $100,000,000 $250 $20,000,000 $50,000,000 19 $75,000,000 $25,000,000 $25,000,000 20 $50,000,000 21 Supplier Contract and Profitability 22 Supplier Contract 23 Supplier Contract and Profitability $0 $10,000,000 24 $1 25 $20,000,000 $1 26 $30,000,000 $1 27 $40,000,000 28 $1 $50,000,000 29 $0 $60,000,000 30 $0 $70,000,000 31 $80,000,000 $0 32 $10,000,000 $20,000,000 $90,000,000 $30,000,000 $40,000,000 33 $100,000,000 34 35 $80,000,000 $100,000,000 36 Advertising Supplier Contract Level $25,000,000 $50,000,000 37 $200 $75,000,000 Price, Advertising, and Profitability 38 $210 39 $1 $220 40 $230 $1 41 $240 42 $1 $250 43 $260 $1 44 $270 45 $280 $25,000 46 $290 $300 $0 47 Price 48 $310 $0 49 $320 $200 $220 $240 $260 $280 $300 $320 $340 $360 $380 $400 50 $330 Price 51 $340 52 $350 53 $360 54 $370 55 $380 $390 56 Profit Total Profit 000'000'oL$ $90,000,000 Get & Transform Data Queries & Connections Data Types C13 Sort & fx =IF(F3>C3,0,IF(F3-C3)/F3<-1,-1,(F3-C3)/F3)) A B 17 D Price (C3) Supplier Contract (C4) Advertising (C5) E H $200 $50,000,000 18 $250 K $329 $100,000,000 $250 $20,000,000 $50,000,000 19 $75,000,000 $25,000,000 $25,000,000 20 $50,000,000 21 Supplier Contract and Profitability 22 Supplier Contract 23 Supplier Contract and Profitability $0 $10,000,000 24 $1 25 $20,000,000 $1 26 $30,000,000 $1 27 $40,000,000 28 $1 $50,000,000 29 $0 $60,000,000 30 $0 $70,000,000 31 $80,000,000 $0 32 $10,000,000 $20,000,000 $90,000,000 $30,000,000 $40,000,000 33 $100,000,000 34 35 $80,000,000 $100,000,000 36 Advertising Supplier Contract Level $25,000,000 $50,000,000 37 $200 $75,000,000 Price, Advertising, and Profitability 38 $210 39 $1 $220 40 $230 $1 41 $240 42 $1 $250 43 $260 $1 44 $270 45 $280 $25,000 46 $290 $300 $0 47 Price 48 $310 $0 49 $320 $200 $220 $240 $260 $280 $300 $320 $340 $360 $380 $400 50 $330 Price 51 $340 52 $350 53 $360 54 $370 55 $380 $390 56 Profit Total Profit 000'000'oL$ $90,000,000

Answer rating: 100% (QA)

To create a oneway data table for profit at different levels of supplier contact follow these steps ... View the full answer