How to do this problem on excel? 1. Find the number of boxes produced each week2. Find the number of boxes lost during the given period3. Find the number of delivered boxed during the given period4. Calculate the total production cost for each week (this will include both delivered andlost boxes)5. Calculate the cost of lost boxes perweek6. Find the percent of boxes lost over the given period (lost boxes/produced boxes)7. Find the greatest financial loss8. Find the least financial loss9. Using an ifthen function show if each week has a loss greater than $62.5010. Find the average number of boxes lost over the given period11. Assuming that 80 boxes were delivered during week 11, use goal seek to determine thenumber of boxes lost that will create an 8% average number of boxes lost for an 11-week periodBox CostWeek123456ર લ ય10DeliveredBoxes4565357080953$12.50LostBoxes6473556825

Here total production of boxes is the sum of 2 things 1) Delivered Boxes 2) Lost Boxes

Answered: 1. Find the number of boxes produced…

1. Find the number of boxes produced each week 2. Find the number of boxes lost during the given period 3. Find the number of delivered boxed during the given period

Managerial Economics: A Problem Solving Approach

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ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter3: Benefits, Costs, And Decisions

Section: Chapter Questions

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Question

How to do this problem on excel?

1. Find the number of boxes produced each week
2. Find the number of boxes lost during the given period
3. Find the number of delivered boxed during the given period
4. Calculate the total production cost for each week (this will include both delivered and
lost boxes)
5. Calculate the cost of lost boxes per
week
6. Find the percent of boxes lost over the given period (lost boxes/produced boxes)
7. Find the greatest financial loss
8. Find the least financial loss
9. Using an ifthen function show if each week has a loss greater than $62.50
10. Find the average number of boxes lost over the given period
11. Assuming that 80 boxes were delivered during week 11, use goal seek to determine the
number of boxes lost that will create an 8% average number of boxes lost for an 11-
week period
Box Cost
Week
1
2
3
4
5
6
ર લ ય
10
Delivered
Boxes
45
65
35
70
80
95
3
$12.50
Lost
Boxes
6
4
7
3
5
5
6
8
2
5

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