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1. Given the inputs below, fill in the projected costs in rows 28-34 with copyable formulas. 2. Create a line chart on this sheet of the four series in columns G-J, with the following requirements: a. Chart type: Line with Markers b. Name the chart: Projected Costs c. Link the horizontal axis to Years from now for each series d. Title the chart: Project Costs per Bookshelf e. Name the horizontal axis: Years from Now f. Start the vertical axis at $400 Inputs Requirements per bookshelf Board-feet required Labor hours required Current cost per board-foot Projected annual increase Current cost per labor hour Projected annual increase 33 Cherry 15 $7.50 2.5% $18.10 1.9% Oak 17 $5.10 1.9% Walnut 15 $6.10 1.7% Teak 17 $7.50 2.4%

1. Given the inputs below, fill in the projected costs in rows 28-34 with copyable formulas. 2. Create a line chart on this sheet of the four series in columns G-J, with the following requirements: a. Chart type: Line with Markers b. Name the chart: Projected Costs c. Link the horizontal axis to Years from now for each series d. Title the chart: Project Costs per Bookshelf e. Name the horizontal axis: Years from Now f. Start the vertical axis at $400 Inputs Requirements per bookshelf Board-feet required Labor hours required Current cost per board-foot Projected annual increase Current cost per labor hour Projected annual increase 33 Cherry 15 $7.50 2.5% $18.10 1.9% Oak 17 $5.10 1.9% Walnut 15 $6.10 1.7% Teak 17 $7.50 2.4%

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A I 2 3 4 5 6 7 8 9 10 11 12 13 Inputs 14 Requirements per bookshelf 15 Board-feet required 16 17 18 Labor hours required 19 Current cost per board-foot 20 Projected annual increase 21 22 Current cost per labor hour 23 Projected annual increase 24 25 Projected costs 26 27 28 29 30 31 32 33 34 35 36 37 38 B Exercise: 1. Given the inputs below, fill in the projected costs in rows 28-34 with copyable formulas. Years from now 0 1 2 3 4 5 6 2. Create a line chart on this sheet of the four series in columns G-J, with the following requirements: a. Chart type: Line with Markers b. Name the chart: Projected Costs c. Link the horizontal axis to Years from now for each series d. Title the chart: Project Costs per Bookshelf e. Name the horizontal axis: Years from Now f. Start the vertical axis at $400 33 Cherry 15 $7.50 2.5% C $18.10 1.9% Cherry $7.50 $7.69 $7.88 $8.08 $8.28 $8.49 $8.70 D Oak Walnut 17 $5.10 1.9% 15 $6.10 1.7% E Cost per board-foot Oak $5.10 $5.23 $5.36 $5.49 $5.63 $5.77 $5.91 Walnut $6.10 $6.25 $6.41 $6.57 $6.73 $6.90 $7.07 Teak 17 $7.50 2.4% Teak F $7.50 $7.69 $7.88 $8.08 $8.28 $8.49 $8.70 Cost per hour Labor $272.50 $272.50 $272.50 $272.50 $272.50 $272.50 $272.50 G Cherry $6,968.50 H I Cost per bookshelf Oak Walnut J Teak K L
Transcribed Image Text:A I 2 3 4 5 6 7 8 9 10 11 12 13 Inputs 14 Requirements per bookshelf 15 Board-feet required 16 17 18 Labor hours required 19 Current cost per board-foot 20 Projected annual increase 21 22 Current cost per labor hour 23 Projected annual increase 24 25 Projected costs 26 27 28 29 30 31 32 33 34 35 36 37 38 B Exercise: 1. Given the inputs below, fill in the projected costs in rows 28-34 with copyable formulas. Years from now 0 1 2 3 4 5 6 2. Create a line chart on this sheet of the four series in columns G-J, with the following requirements: a. Chart type: Line with Markers b. Name the chart: Projected Costs c. Link the horizontal axis to Years from now for each series d. Title the chart: Project Costs per Bookshelf e. Name the horizontal axis: Years from Now f. Start the vertical axis at $400 33 Cherry 15 $7.50 2.5% C $18.10 1.9% Cherry $7.50 $7.69 $7.88 $8.08 $8.28 $8.49 $8.70 D Oak Walnut 17 $5.10 1.9% 15 $6.10 1.7% E Cost per board-foot Oak $5.10 $5.23 $5.36 $5.49 $5.63 $5.77 $5.91 Walnut $6.10 $6.25 $6.41 $6.57 $6.73 $6.90 $7.07 Teak 17 $7.50 2.4% Teak F $7.50 $7.69 $7.88 $8.08 $8.28 $8.49 $8.70 Cost per hour Labor $272.50 $272.50 $272.50 $272.50 $272.50 $272.50 $272.50 G Cherry $6,968.50 H I Cost per bookshelf Oak Walnut J Teak K L
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