Open the download file exploring_e06_grader_Capstone_Start.xlsx.
No notes for slide. Your company sells paint by the gallon, and you have the task of forecasting the best production blends to maximize profit and most effectively utilize resources. Use range names where indicated. Bold and center the headings and substitution values.
Use cell B6 as the Row input cell andB4 as the Column input cell. Format the results with Accounting Number Format with two decimal places.
Bold and center the headings and substitution values where necessary. Set the objective to calculate the highest Net Profit possible. Total views On Slideshare 0. From embeds 0. Number of embeds 1. Downloads 2. Shares 0. Comments 0. Likes 0. You just clipped your first slide! Bold and center the headings and substitution values.
Use cell B6 as the Row input cell and B4 as the Column input cell. Format the results with Accounting Number Format with two decimal places. Bold and center the headings and substitution values where necessary. Enter these values for the scenario: , 30, and Enter these values for the scenario: , 25, and Set the objective to calculate the highest Net Profit possible.
Use cell references to set constraints. Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent? Whichever your reason may is, it is valid!
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Create appropriate range names for Total Production Cost cell B18 and Gross Profit cell B21 by selection, using the values in the left column. Use the newly created range names to create a formula to calculate Net Profit in cell B Create a new worksheet labeled Range Names , paste the newly created range name information in cell A1, and resize the columns as needed for proper display.
On the Forecast sheet, start in cell E3. Complete the one-variable data table in the range E2:H22 using cell B4 as the column input cell, and then format the results with Accounting Number Format with two decimal places. Apply custom number formats to make the formula references appear as descriptive column headings.
Copy the number of gallons produced substitution values from the one-variable data table, and then paste the values starting in cell E Enter the reference to the net profit formula in the correct location for a two-variable data table.
Complete the two-variable data table in the range EK Apply a custom number format to make the formula reference appear as a descriptive column heading Wages. Create a second scenario named Worst Case , using the same changing cells. Create a third scenario named Most Likely , using the same changing cells.
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