Figure 2.23 Profit as a Function of Order Quantity and Demand 21 Data table of profit as a function of order quantity (along side) and demand (along top) 50 1500 $3,000 $7,000 $10,500 2500 $3,000 $7,000 $9,375 500 1000 $3,000 $7,000 $500 -$4,500 -$20,625 -$10,625 -$25,250 -$15,250 -$31,125 -$21,125 -$11,125 -$35,200 -$25,200 -$15,200 -$40,850 -$30,850 -$20,850 -$10,850 2000 3000 $3,000 $7,000 $10,500 $10,500 $15,500 $19,375 $24,750 $18,875 $4,800 $14,800 $9,150 22 3500 4000 4500 $3,000 $7,000 $10,500 $5,500 $15,500 $15,500 $9,375 $19,375 $4,750 $1,125 -$5,200 $3,000 $7,000 $10,500 $15,500 $19,375 $3,000 $7,000 $10,500 $15,500 $19,375 $24,750 $28,875 $34,800 $39,150 $3,000 -$3,000 -$9,500 -$14,500 $3,000 $7,000 $10,500 $15,500 $19,375 23 24 1000 25 1500 26 2000 27 2500 -$625 3000 -$5,250 $14,750 $24,750 $28,875 $24,800 $19,150 $24,750 $28,875 $34,800 $29,150 28 3500 4000 4500 29 $8,875 30 31 -$850
Figure 2.23 Profit as a Function of Order Quantity and Demand 21 Data table of profit as a function of order quantity (along side) and demand (along top) 50 1500 $3,000 $7,000 $10,500 2500 $3,000 $7,000 $9,375 500 1000 $3,000 $7,000 $500 -$4,500 -$20,625 -$10,625 -$25,250 -$15,250 -$31,125 -$21,125 -$11,125 -$35,200 -$25,200 -$15,200 -$40,850 -$30,850 -$20,850 -$10,850 2000 3000 $3,000 $7,000 $10,500 $10,500 $15,500 $19,375 $24,750 $18,875 $4,800 $14,800 $9,150 22 3500 4000 4500 $3,000 $7,000 $10,500 $5,500 $15,500 $15,500 $9,375 $19,375 $4,750 $1,125 -$5,200 $3,000 $7,000 $10,500 $15,500 $19,375 $3,000 $7,000 $10,500 $15,500 $19,375 $24,750 $28,875 $34,800 $39,150 $3,000 -$3,000 -$9,500 -$14,500 $3,000 $7,000 $10,500 $15,500 $19,375 23 24 1000 25 1500 26 2000 27 2500 -$625 3000 -$5,250 $14,750 $24,750 $28,875 $24,800 $19,150 $24,750 $28,875 $34,800 $29,150 28 3500 4000 4500 29 $8,875 30 31 -$850
Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter24: Forecasting Models
Section24.8: Multiple Regression
Problem 4P
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The spreadsheet model for Sam’s Bookstore contains a two-way data table for profit versus order quantity and demand. Experiment with Excel’s chart types to create a chart that shows this information graphically in an
intuitive format. (Choose the format you would choose to give a presentation to your boss.)
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