Question 6 (1 point)

Test, once again, this deterministic model for the situation where quantity demanded is more than quantity ordered. What is the profit that you would realize for a Order Quantity of 598.0 and a Quantity Demanded of 697.0?

Annual Calendar Sales
	Cost per Calendar	$ 5.95
	Retail Price per Calendar	$ 14.95
	Refund per Calendar	$ 1.95
	Order Quantity	680
	Quantity Demanded	600
	Leftovers	80	'=IF(Order Quantity> Quantity Demanded,Order Quantity - Quantity Demanded,0)
Revenue
	Sales	$ 8,970.00	'=MIN(Order Quantity, Quantity Demanded)*Retail Price per Unit
	Refund	$ 156.00	'=Leftovers * Refund per Calendar
	Total Revenue	$ 9,126.00	'= Sales + Refund
	Total Cost	$ 4,046.00	'=Order Quantity * Cost per Calendar
	Profit	$ 5,080.00	'= Total Revenue - Total Cost

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