Question: - Excel Modeling In-class exercise 3 . We performed the sensitivity analysis on the response rate in class. Suppose now that the response rate is

- Excel Modeling In-class exercise 3 . We

- Excel Modeling In-class exercise 3 . We

- Excel Modeling In-class exercise 3 . We performed the sensitivity analysis on the response rate in class. Suppose now that the response rate is known to be 8%, and the company wants to perform a sensitivity analysis on the number mailed. Create a one-way data table and a corresponding XY chart of profit versus the number mailed, where the number mailed varies from 80,000 to 150,000 in increments of 10,000 . Does it appear, from the results you see here, that there is an "optimal" number to mail from all possible values, which will maximize the profit

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