Question: Use the Markdown Pricing Model spreadsheet model and a two-way data table to find the total revenue if days at full retail vary from 20

Use the Markdown Pricing Model spreadsheet modelUse the Markdown Pricing Model spreadsheet model

Use the Markdown Pricing Model spreadsheet model

Use the Markdown Pricing Model spreadsheet model and a two-way data table to find the total revenue if days at full retail vary from 20 to 40 in increments of 5 and the intermediate markdown varies from 20% to 55% in increments of 5%. Click here to view the Markdown Pricing Model spreadsheet model with numbers. Click here to view the Markdown Pricing Model spreadsheet model with Excel functions. Fill in the two-way data table below. (Round to the nearest dollar as needed.) Intermediate Markdown Days at 20% 25% 30% 35% 40% 45% full Retail 50% 55% 20 i Markdown Pricing Model spreadsheet model with Excel functions A B 1 Markdown Pricing Model 2 3 Data 4 Retail Price 70.00 5 Inventory 1000 6 Selling Season (days) 50 7 Days at full retail 40 8 Intermediate markdown 30% 9 Clearance markdown 70% 10 11 Sales Data 12 Price(X) Average Daily Sales (Y) 13 70 7.00 14 49 32.20 15 Demand function parameters 16 Intercept=INTERCEPT(B13:B14,A13:A14) 17 Slope =SLOPE(B13:B14, A13:A14) 18 19 Model 20 21 Full Retail Sales 22 Retail price =B4 23 Daily sales =B16+B17"B22 24 Days at retail price =B7 25 Units sold at retail =B23*B24 26 Retail revenue 27 Discount Sales 28 Discount =B8 29 Discount price =B22*(1-B28) =B25*B22 i Markdown Pricing Model spreadsheet model with Excel functions 9 Clearance markdown 70% 10 11 Sales Data 12 Price(X) Average Daily Sales (Y) 13 70 7.00 14 49 32.20 15 Demand function parameters 16 Intercept=INTERCEPT(B13:B14,A13:A14) 17 Slope =SLOPE(B13:B14, A13:A14) 18 19 Model * 20 21 Full Retail Sales 22 Retail price =B4 23 Daily sales =B16+B17"B22 24 Days at retail price =B7 25 Units sold at retail =B23 B24 26 Retail revenue =B25*B22 27 Discount Sales 28 Discount =B8 29 Discount price =B22*(1-B28) 30 Daily sales =B16+B17*B29 Unit sold =MIN(B30*(B6-B24),B5-B25) 32 Discount revenue =B31*B29 33 Clearance Sales 34 Clearance price =B4*(1-B9) 35 Units sold at clearance =MAX(O,B5-B25-B31) 36 Clearance revenue =B34"B35 37 38 Total revenue =C26+C32+C36 31 Print Done

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