Question: Solve using excel. Perishable Product Pricing We have 3 , 0 0 0 units of product to sell over a five - day period. From

Solve using excel. Perishable Product Pricing
We have 3,000 units of product to sell over a five-day period. From historical sales data, we have estimated the following demand curves:
P = price/unit in $, Q = number of units sold.
Day 1: P =10-0.01 Q
valid for prices between $3 and $8.
Day 2: same as Day 1.
Day 3: P =15-0.01 Q
valid for prices between $6 and $10
Day 4: P =20-0.01 Q
valid for prices between $6 and $12
Day 5: same as Day 1.
Question:
Formulate as a Solver problem in Excel. What are the revenue maximizing prices for days 15? What is the maximum possible revenue?

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