Drill Problem 7-2 (Algo) [LU 7-1 (4))] Complete the following table: (Do not round net price equivalent rate and single equivalent discount rate. Round the dollar amounts to the nearest cent.) Item Samsung Blu-ray player List price $ 199 Chain discount 8/6/3 Net price equivalent rate (in decimals) Single equivalent discount rate (in decimals) Trade discount Net price

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter8: Evolutionary Solver: An Alternative Optimization Procedure
Section8.4: Nonlinear Pricing Models
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Drill Problem 7-2 (Algo) [LU 7-1 (4)]
Complete the following table: (Do not round net price equivalent rate and single equivalent discount rate. Round the dollar
amounts to the nearest cent.)
Item
Samsung Blu-ray player
List price
$
199
Chain
discount
8/6/3
Net price
equivalent
rate (in
decimals)
< Prev
Single
equivalent
discount rate
(in decimals)
1 of 10
H
T
Trade
discount
Next >
Net price
Check
Transcribed Image Text:Drill Problem 7-2 (Algo) [LU 7-1 (4)] Complete the following table: (Do not round net price equivalent rate and single equivalent discount rate. Round the dollar amounts to the nearest cent.) Item Samsung Blu-ray player List price $ 199 Chain discount 8/6/3 Net price equivalent rate (in decimals) < Prev Single equivalent discount rate (in decimals) 1 of 10 H T Trade discount Next > Net price Check
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