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 $120 and a fixed cost of $3,700. At the end of the season, all the unsold pieces will be placed on clearance at a clearance selling piece of $50. In addition, there is a polishing cost of $10 for each piece. There has been uncertain demand in the market for dcor pieces ranging between 5001200 units. Consider the quantity discount table below and help the manager build a spreadsheet model to experiment with the uncertain demand of 700 and the order quantity of 1050 units.
Quantity Discount Table(Unit order cost)
0
40
300
38
600
37
900
36.5
1200
35
1500
33
A. Color code your work (2Pt)
B. Create and paste range names used (2Pts)
C. Calculate units to be sold at regular selling price using IF function (4Pts)
D. Calculate units to be sold at clearance selling price using IF function (4Pts)
E. Calculate total cost (3Pts)
F. Calculate total revenue (3Pts)
G. Calculate total profit (3Pts)
H. How many orders will enable Jambo Decor to break even? (2Pts)
I. How many orders should Jambo Decor make, to earn at least a profit of $30,500?(2Pts)
J. Show how a change in order units affects profit. Have the order units range from 5001500 with increment of 100.
- Setup a one-way data table (2Pts)
- Conclusion (1Pts)
- Create a line chart (Edit your chart accordingly) Title, axis labels, horizontal axis scale (2Pts)
- Conclusion (1Pts)
K. Show 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 5001500 with an increment of 100.(3Pts)
- Conclusion (1Pts)

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