Excel HW 3 Bruin Ski Package Distribution Plan FORMAT
.xlsx
keyboard_arrow_up
School
Belmont University *
*We aren’t endorsed by this school
Course
2100
Subject
Economics
Date
Feb 20, 2024
Type
xlsx
Pages
1
Uploaded by BaronTeamSquirrel38
BELMONT OUTDOORS - Promotional Ski Package Distribution Plan
Port Shipping Cost (Per Case)
Number of Cases Shipped
Total Total
Distribution Center
Demand
San Francisco
Los Angeles
San Francisco
Los Angeles
Shipped
Cost
St. Louis
775
$ 8.75 $ 7.25 0
775
775
$ 5,618.75 Chicago
850
$ 8.20 $ 7.95 695
155
850
$ 6,931.25 Albuquerque
620
$ 5.75 $ 4.50 0
620
620
$ 2,790.00 Jackson Hole
450
$ 5.50 $ 3.75 0
450
450
$ 1,687.50 Jacksonville
1055
$ 8.15 $ 9.20 1055
0
1055
$ 8,598.25 Totals
3750
36.35
32.65
1750
2000
3750
$ 25,625.75 Targets
1750
2000
3750
Remaining Inventory of skis /port
0
0
0
Objective: Minimize Total Cost (H9)
CONSTRAINTS--> Total Shipped (G4:G8)
>=
Demand (B4:B8)
Remaining Inventory of skis (E12:G12)
=
0 nothing left
Number of skis shipped (E4:F8)
>=
0
Number of skis shipped (E4:F8)
>
Int
integer
QUESTIONS
What is the total cost to ship all skis?
$ 25,625.75 How many total cases were shipped to Chicago?
850
What is the total demand for all Distribution Centers?
3750
What is the total cost to ship to St. Louis?
$ 5,618.75 Which distribution center received more cases than demanded?
none How many cases did Los Angeles ship to Albuquerque?
620
What was the total cost for shipping cases from San Francisco?
$ 15,529.50 What is the total number of cases shipped from both cases of skis?
Which distribution center received the most cases of skis?
How many cases of skis did Chicago receive from San Francisco?
695
Discover more documents: Sign up today!
Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Quantitative Methods
arrow_forward
Price
Quantity
Total Revenue
Fixed Cost
Variable Cost
Profit
(Dollars per tote)
(Totes)
(Dollars)
(Dollars)
(Dollars)
(Dollars)
10.00
44,000
16.00
44,000
40.00
44,000
If the firm shuts down, it must incur its fixed costs (FC) in the short run. In this case, the firm's fixed cost is $44,000 per day. In other words, if it shuts down, the firm would suffer losses of $44,000 per day until its fixed costs end (such as the expiration of a building lease).
This firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per tote.
arrow_forward
Please no written by hand solution
arrow_forward
Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and
profitability of the three models:
Average Quantity
Current
Total
Variable Cost
Contribution Margin
Contribution
Sold
Price
Revenue
Per Unit
Per Unit
Margin*
Model
(Units/Month)
($)
($)
($)
($)
($)
15,000
30
450,000
15.00
15
225,000
В
5,000
35
175,000
18.00
17
85,000
10,000
45
450,000
20.00
25
250,000
Total
$1,075,000
$560,000
*Contribution to fixed costs and profits.
The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price
changes that have been instituted in the past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5. Furthermore,
she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model
to be
approximately 0.2. Variable costs per unit are…
arrow_forward
Quality solution for better ratings please
arrow_forward
Selling price per large Snowie
$ 5.00
Ice per Snowie
$ 0.20
Spoon straw (need one per Snowie)
$ 0.02
Styrofoam cup (need one per Snowie)
$ 0.08
Napkin (need two per Snowie)
$ 0.02
Servings per gallon of syrup
28
Cost per gallon of syrup (includes concentrate, preservative, and sugar)
$ 8.00
Hourly rate for workers
$ 10.00
Event registration fee per day
$ 25.00
Electricity, insurance, maintenance, and permit costs per month
$ 250.00
Kiosk rental cost per month
$ 650.00
Purchase cost of two ice shavers (5-year life)
$ 3,180.00
Purchase cost of a flavor station (5-year life)
$ 1,080.00
a. Number of days you anticipate opening the kiosk per month
20
b. Number of hours you will work (no wages required) per day
6…
arrow_forward
XYZ company can manufacture their own products and sells them. They are able
to control the demand by changing the price that is determined by the equation
below. The company is thinking of maximizing their profit. The fixed cost is
$1,000 per month and the variable cost is $40 per unit. Find the number of units
that must be manufactured and sold monthly to maximize profit. (Demand D in
the equation is monthly) Hint: Profit = Total Revenue - Total Cost
2,700
5,000
p = $38 +
D
for D > 1
D2
1 Add file
arrow_forward
Find total revenue when price Is $45 per unit and the total quantity sold is 7
arrow_forward
Solve all this question compulsory.....
arrow_forward
ONLY TYPED SOLUTION
arrow_forward
fast pleasssse
arrow_forward
Find output of total revenue is $6400 and the price per unit is 400
arrow_forward
I want answers for this question
arrow_forward
The global pandemic 2020 has promoted a race to capture the market for introducing effective vaccine and treatments.
(please use excel/word)
a)- If PFIZER is the sole vaccine provider given the following information, answer the questions below:
Output
Price/Unit
Total Cost
1
5500
1000
2
5000
1200
3
4500
1500
4
4000
2500
5
3500
4000
6
3000
5700
7
2500
7500
8
2000
9400
9
1500
11400
10
1000
13500
Given the tabular information above find the profit-maximizing output and price also illustrate the same using the two-dimensional labeled diagram. Show the calculation as well. (use excel)
b)- Assume if many firms enter into the business of providing vaccine determine:
How the demand curve of PFIZER would change and how it would now maximize its profit? The kind of market structure now PFIZER is forced to operate in? Also,…
arrow_forward
Average Total Cost
(Dollars per bike)
QQ = 100
QQ = 200
QQ = 300
QQ = 400
QQ = 500
QQ = 600
1
140
60
40
80
160
320
2
230
110
40
40
110
230
3
320
160
80
40
60
140
arrow_forward
Quantity of Resort Units
Marginal Capacity Cost
Marginal Operating Cost
Peak Marginal Revenue
Off-Peak Marginal Revenue
Peak Demand
Off-Peak Demand
150
$5,000
$1,000
$8,000
$2,000
$10,000
$2,500
200
$5,000
$1,000
$7,500
$1,500
$8,000
$2,000
250
$5,000
$1,000
$6,700
$1,000
$7,800
$1,750
300
$5,000
$1,000
$6,000
$750
$7,000
$1,250
350
$5,000
$1,000
$5,000
$500
$6,250
$1,000
The table above summarizes Gorgeous Sands Resort's marginal capacity cost, marginal operating cost, peak marginal revenue, off-peak marginal revenue, and its peak and off-peak demand for its resort units. Refer to the table above. What is the profit-maximizing number of resort units for Gorgeous Sands Resort during the off-peak period?
200
250
300
350
arrow_forward
PRINT YOUR NAME
(LAST)
(FIRST)
Aggregate Cost Data
Unit Cost Data
Average Average Average
I Fixed
Variable Total
Cost
TC
Marginal
Quantity Fixed Variable Total Change in I Cost
of
Output (FC) (VC)
Cost
ATC
Cost
Cost Total Cost
(TC) (ATC)
Plot
MC at
Output
Cost
Cost
IFC
VC
$600 $ 0 $ 600
I XX
XX
XX
XX
$3.00
$300
50
100
600
300
900
I $6.00
$3.00
$9.00
100
1.00
150
200
600
400
| 3.00
2.00
5.00
50
.50
- 250
300
1050
I 2.00
1.50
1.00
350
400
1150
I 1.50
1.38
2.88
200
2.00
- 450
500
600
750
1350
I 1.20
1.50
550
600
600
1200
1800
3.00
10.00 - 650
700
2200
2800
I.85
3.15
PLOT THE APPROPRIATE DATA FROM THE PRECEDING TABLE ON THE GRAPHS ON
P. 134 AND 135 BEFORE ANSWERING THE EIGHT QUESTIONS BELOW. QUESTIONS
5-8 ARE ON PAGE 136.
1. How is marginal cost (ATC/AQ) represented in your graph on page 134?
2. On your graph on page 135 Variable Cost per unit (VC/Q or average variable cost) is at a
minimum at an output level of,
units.
3. On your graph on page 135 Total Cost per unit (TC/Q or average…
arrow_forward
Land's Bend sells a wide variety of outdoor equipment and clothing. The company sells both through mail order and via the internet. Random samples of sales receipts
were studied for mail order sales and internet sales, with the total purchase being recorded for each sale. A random sample of 12 sales receipts for mail order sales
results in a mean sale amount of $94.50 with a standard deviation of $19.25. A random sample of 17 sales receipts for internet sales results in a mean sale amount of
$81.80 with a standard deviation of $20.75. Using this data, find the 80% confidence interval for the true mean difference between the mean amount of mail order
purchases and the mean amount of internet purchases. Assume that the population variances are not equal and that the two populations are normally distributed.
Step 3 of 3: Construct the 80% confidence interval. Round your answers to two decimal places.
arrow_forward
Output quantity
Total variable cost
Total cost
0
$0
$250
25
450
50
300
X
75
375
100
600
850
125
X
1125
150
1200
X
175
1875
200
2000
2250
arrow_forward
Cecil Green sells golf shirts. He knows that most people will not pay more than $40 for a golf shirt. Cecil needs a 35% markup on cost. What is the maximum Cecil should pay for his golf shirts?
I need help working this problem out. I know the answer is $29.63 but I need it explain to me in detail how to come up with this answer so I know how to work it out on my midterm Tuesday. Please help
arrow_forward
Question 4. Please help with a & b. Thank you
arrow_forward
If profit is $360 and total cost is $800
Calculate Total revenue
arrow_forward
Calculate average revenue when total revenue is $4400 and units sold are 64 units
arrow_forward
The following figures have been planned for a department.
Shortages
Employee discounts 2.5%
Markdowns
Expenses
Profit
0.8%
4.2%
36.1%
4.8%
Alteration Costs 2.3%
Calculate the initial markup% that should be used in order to arrive at the planned figures
arrow_forward
Bags/
variable
average
Participants fixed cost cost
total cost variable cost
cost
marginal total revenue marginal total
wt price $20
revenue profit
0
1700
0
1700
0
0
-1700
100
1700
500
2200
5
200
1700
1200
2900
6
57
2000
20
-200
4000
20
1100
300
1700
2700
4400
9
15
6000
20
1600
400
1700
5200
6900
13
25
8000
20
1100
500
1700
9000
10700
18
38
10000
20
-700
600
1700
15000
16700
25
60
12000
20
-4700
700
1700
23800
25500
34
88
14000
20
-11500
800
1700
36800
38500
46
130
16000
20
-22500
900
1700
55800
57500
62
190
18000
20
-39500
1000
1700
83000
84700
83
272
20000
20
-64700
arrow_forward
12
st
L8
Get & Transform Data
4
6
7
1
2 Available Product
3
8
9
10
11
12
13
A
14
15
16
17
18
19
20
All
:X ✓ fx
B
Pounds made
Workbook Links
Queries & Connections
3000 Flour (ounce)
1500 Egg (piece)
4500 Labor (man-hour)
Unit Price
Variable Cost
Demand
UCM
Adiucted
C
3.2
1.5
6
D
$12.50
$6.50
960
$6.00
2.6
1.5
5
Data Types
$11.00
$5.70
928
$5.30
E
1.5
1
4
<1
$9.00
$3.60
1041
$5.40
F
0
0
0
0
Banana Muffin Choc Muffin Banana Cookies Choc Cookies Milk Bread White Bread
0.7
0.3
0.5
0
2.5
1.5
$6.00
$3.00
$2.20
$1.20
1084
1055
$3.80
$1.80
AV
0
0.8
1
3
G
$7.00
$2.80
977
$4.20
Sort & Filter
H
Advanced
0
arrow_forward
Price and cost (dollars per client)
100.00
90.00
MC
80.00
ATC
70.00
60.00
50.00
40.00
30.00
20.00
10.00
D
MR
+
4
8
10
Quantity (clients per day)
2.
arrow_forward
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
arrow_forward
(a) How many vacuums are supposed to be sold to achieve break even? (b) If Primark wants to earn a profit of $36,000, how many vacuum must be sold?
arrow_forward
Isocost line and least-cost combination
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
Related Questions
- Quantitative Methodsarrow_forwardPrice Quantity Total Revenue Fixed Cost Variable Cost Profit (Dollars per tote) (Totes) (Dollars) (Dollars) (Dollars) (Dollars) 10.00 44,000 16.00 44,000 40.00 44,000 If the firm shuts down, it must incur its fixed costs (FC) in the short run. In this case, the firm's fixed cost is $44,000 per day. In other words, if it shuts down, the firm would suffer losses of $44,000 per day until its fixed costs end (such as the expiration of a building lease). This firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per tote.arrow_forwardPlease no written by hand solutionarrow_forward
- Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: Average Quantity Current Total Variable Cost Contribution Margin Contribution Sold Price Revenue Per Unit Per Unit Margin* Model (Units/Month) ($) ($) ($) ($) ($) 15,000 30 450,000 15.00 15 225,000 В 5,000 35 175,000 18.00 17 85,000 10,000 45 450,000 20.00 25 250,000 Total $1,075,000 $560,000 *Contribution to fixed costs and profits. The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model to be approximately 0.2. Variable costs per unit are…arrow_forwardQuality solution for better ratings pleasearrow_forwardSelling price per large Snowie $ 5.00 Ice per Snowie $ 0.20 Spoon straw (need one per Snowie) $ 0.02 Styrofoam cup (need one per Snowie) $ 0.08 Napkin (need two per Snowie) $ 0.02 Servings per gallon of syrup 28 Cost per gallon of syrup (includes concentrate, preservative, and sugar) $ 8.00 Hourly rate for workers $ 10.00 Event registration fee per day $ 25.00 Electricity, insurance, maintenance, and permit costs per month $ 250.00 Kiosk rental cost per month $ 650.00 Purchase cost of two ice shavers (5-year life) $ 3,180.00 Purchase cost of a flavor station (5-year life) $ 1,080.00 a. Number of days you anticipate opening the kiosk per month 20 b. Number of hours you will work (no wages required) per day 6…arrow_forward
- XYZ company can manufacture their own products and sells them. They are able to control the demand by changing the price that is determined by the equation below. The company is thinking of maximizing their profit. The fixed cost is $1,000 per month and the variable cost is $40 per unit. Find the number of units that must be manufactured and sold monthly to maximize profit. (Demand D in the equation is monthly) Hint: Profit = Total Revenue - Total Cost 2,700 5,000 p = $38 + D for D > 1 D2 1 Add filearrow_forwardFind total revenue when price Is $45 per unit and the total quantity sold is 7arrow_forwardSolve all this question compulsory.....arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Economics Today and Tomorrow, Student EditionEconomicsISBN:9780078747663Author:McGraw-HillPublisher:Glencoe/McGraw-Hill School Pub Co
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co