Three Ways to Make Widgets Essay Assignment
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Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Three Ways to Make Widgets Essay Assignment
Imagine you have THREE ways to make WIDGETs.
Fix the old machine, which costs $ 5000. Each widget made will cost $ 11 each.
Buy a used machine, which costs $ 8000. Each widget made will cost $ 9 cents each.
Buy a new machine, which costs $ 12000. Each widget made will cost $ 6.50 cents each.
On sheet#1, create a chart with FIVE columns
A B C D E 1 # of units Fix Old Buy Used Buy New Cheaper 2 1450 3 1500 4 …. 5 1750
Note: I ran the chart from 1450 units to 1750 units in 50-unit increments.
Note: You will need a NESTED IF to determine which of the THRE options is cheaper.
Hint:
=if(b2=min(b2:d2),”FixOld”,if(c2=min(b2:d2),”BuyUsed”,”BuyNew”))
There are other ways of doing this.
Besides filling in the graph, you will need to produce a graph with THREE lines – FixOld, BuyUsed, BuyNew.
The horizontal axis is dollars. The vertical axis is units.
There is no GOAL-SEEK portion to this problem.
As you can see, sometimes FIXOLD is cheaper, sometimes BuyUsed is cheaper, sometimes BuyNew is cheaper.
You do not need a WORD document for this assignment.
BE2 (your name).XLSx
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