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Construct decision table

Construct decision table

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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Construct decision table 

A manufacturer markets two products to three types of customers. He has the following discount policy: The products are bulbs and fans, and the customers are classified as retailers, distributors and government agencies. If the order is from a retailer for amounts up to Rs. 500, he allows 5 percent discount. If it is from a distributor, 7.5 percent discount is given. On retail orders exceeding Rs. 500, 7.5 percent discount is allowed. For the same order from a distributor, 10 percent discount is given. In all the above cases a flat discount of 6 percent is given to government agencies. The above policies apply only to orders for bulbs. A flat discount of 5 percent is given on orders for fans regardless of the amount of purchase or the customer classification. Analvzing the word statement of the problem we see that the action,
Transcribed Image Text:A manufacturer markets two products to three types of customers. He has the following discount policy: The products are bulbs and fans, and the customers are classified as retailers, distributors and government agencies. If the order is from a retailer for amounts up to Rs. 500, he allows 5 percent discount. If it is from a distributor, 7.5 percent discount is given. On retail orders exceeding Rs. 500, 7.5 percent discount is allowed. For the same order from a distributor, 10 percent discount is given. In all the above cases a flat discount of 6 percent is given to government agencies. The above policies apply only to orders for bulbs. A flat discount of 5 percent is given on orders for fans regardless of the amount of purchase or the customer classification. Analvzing the word statement of the problem we see that the action,
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