Question: Jambo D cor manager is strategizing on ordering different d cor pieces for the Summer season. It has been in business with a vendor who
Jambo Dcor manager is strategizing on ordering different dcor pieces for the Summer season. It has been in business with a vendor who supplies the pieces on a discounted rate depending on the units ordered. The regular selling price for each piece will be $ and a fixed cost of $ At the end of the season, all the unsold pieces will be placed on clearance at a clearance selling piece of $In addition, there is a polishing cost of $ for each piece. There has been uncertain demand in the market for dcor pieces ranging between units. Consider the quantity discount table below and help the manager build a spreadsheet model to experiment with the uncertain demand of and the order quantity of units. A Color code your work Pt B Create and paste range names used Pts CCalculate units to be sold at regular selling price using IF function Pts D Calculate units to be sold at clearance selling price using IF function Pts ECalculate total cost Pts Calculate total revenue Pts G Calculate total profit Pts H How many orders will enable Jambo Decor to break even? Pts How many orders should Jambo Decor make, to earn at least a profit of $Pts J Show how a change in order units affects profit. Have the order units range from with increment of Setup a oneway data table Pts Conclusion Pts Create a line chart Edit your chart accordingly Title, axis labels horizontal axis scale Pts Conclusion Pts KShow how a change in order units and demand jointly affect profit. Set up a two way data table with order units along side and demand units along top ranging from with an increment of Pts Conclusion Pt
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