(c) Consider three scenarios: Base Case Worst Case Best Case % of Members Who Do Not Show 25% 50% 15% % of Nonmembers Who Do Not Show 10% 30% 4% Number of Nonmember Registrants 140 130 170 All other inputs are the same as in part (a). Use Scenario Manager to generate a summary report that gives the profit for each of these three scenarios. What is the highest profit? What is the lowest profit? If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign. The highest profit is $ The lowest profit is $

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 21T: A manufacturer produces two models of television stands. The table at the left shows the times (in...
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(c) Consider three scenarios:
Base Case
Worst Case
Best Case
% of Members Who Do Not Show
25%
50%
15%
% of Nonmembers Who Do Not Show
10%
30%
4%
Number of Nonmember Registrants
140
130
170
All other inputs are the same as in part (a). Use Scenario Manager to generate a summary report that gives the profit for each of these three scenarios. What is the highest profit? What is the lowest profit? If required, round your
answers to two decimal places. For subtractive or negative numbers use a minus sign.
The highest profit is $
The lowest profit is $
Transcribed Image Text:(c) Consider three scenarios: Base Case Worst Case Best Case % of Members Who Do Not Show 25% 50% 15% % of Nonmembers Who Do Not Show 10% 30% 4% Number of Nonmember Registrants 140 130 170 All other inputs are the same as in part (a). Use Scenario Manager to generate a summary report that gives the profit for each of these three scenarios. What is the highest profit? What is the lowest profit? If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign. The highest profit is $ The lowest profit is $
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