Long description
The data table is divided into two sections. Section 1 asks for the following pieces of data:
Demand rate, D
Setup cost, D
Holding cost percent, I
A tip box instructs you to enter the demand rate, setup cost, and holding cost. These inputs are as follows:
5000
49
0.2
Section 2 of the data table asks for the following pieces of data:
Minimum quantity Range 1
Minimum quantity Range 2
Minimum quantity Range 3
Unit price, P for Range 1
Unit price, P for Range 2
Unit price, P for Range 3
A tip box instructs you to enter the quantity discount schedule with the quantity and unit price for each price break. These inputs are as follows:
Zero
1000
2000
5
4.8
4.75
The Results table of formulas is made up of 4 columns. Each column, descending, ...
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