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 units of product to sell over a fiveday period. From historical sales data, we have estimated the following demand curves:
P priceunit in $ Q number of units sold.
Day : P Q
valid for prices between $ and $
Day : same as Day
Day : P Q
valid for prices between $ and $
Day : P Q
valid for prices between $ and $
Day : same as Day
Question:
Formulate as a Solver problem in Excel. What are the revenue maximizing prices for days What is the maximum possible revenue?
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