Question: Q . 1 aton Products seeks to select the minimum total cost vendor for a product. Each of the four possible vendors provides Eaton with
Q aton Products seeks to select the minimum total cost vendor for a product. Each of the four possible vendors provides Eaton with a unit product cost and a fixed order cost. Eaton seeks to choose the vendor that minimizes the total order cost. Data are provided in the workbook accompanying this quiz.
Assume that all formulas above row have been entered correctly in the cells as indicated by the labels. The formula in cell B in the data table found in the range from A to C is:
BCB
minD:D
Exactly two answers are correct.
Q Suppose that a specific vendor's name, ie "AAA" or BBB etc., is entered into cell B of the spreadsheet. A possible formula for looking up that vendor's unit cost based on the vendor's name as input would be:
vlookupBB:Dfalse
vlookupBA:Efalse
None of the answers are correct.
Q A possible formula for the total cost for vendor CCC in cell D would be:
BCB
BCB
BC$B$
None of the answers are correct.
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