Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size:

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is
fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll.
However, RSR offers quantity discounts. The following table shows the price per roll depending on order
size:
Quantity Ordered
From
To
Price per Roll
30
$215
31
60
$195
61
120
$175
121
and up
$155
Click on the datafile logo to reference the data.
DATA file
(a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from
these orders.
(b) Use the COUNTIF function to determine the number of orders in each price bin.
From
To
Price per Roll
Number Orders
1.
30
$215
13
31
60
$195
15
61
120
$175
37
121
and up
$155
107
172
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Transcribed Image Text:eBook Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered From To Price per Roll 30 $215 31 60 $195 61 120 $175 121 and up $155 Click on the datafile logo to reference the data. DATA file (a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. (b) Use the COUNTIF function to determine the number of orders in each price bin. From To Price per Roll Number Orders 1. 30 $215 13 31 60 $195 15 61 120 $175 37 121 and up $155 107 172 Hide Feedback
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