Spotlight Video is a premier video rental company in Denver, Colorado, offering the latest selections on DVD, game, and VHS releases. After DVDs and VHS tapes have been viewed a certain number of times, their quality deteriorates to the point that Spotlight Video considers them to be defective. Furthermore, some customers own DVD and VHS players that are defective and can ruin Spotlight Video’s merchandise. Spotlight Video wants to maintain an inventory of DVDs and VHS tapes that are at least 85 percent acceptable, although 95 percent is preferable. However, since it can’t keep customers’ machines from damaging the rentals, Spotlight Video has had to relax its criterion a little. You have been hired to create a spreadsheet that will evaluate each DVD and VHS based on the following criteria: ■ A number of times each title has been rented. ■ A number of defects have been reported. ■ The percent acceptable must be above 85 percent based on usage.If the percentage reported is below 85 percent, then Spotlight Video wants to flag this video as “REPLACE.” Spotlight Video has provided you with the data in a file called T4_SpotlightVideo_Data. xls. You will want to create an IF function to write a conditional expression that examines the criteria mentioned above. Figure T4.18 displays a sample of the output that Spotlight Video needs T4_SpotlightVideo_Data.xlsx 9 35 Two for the Money (2005)0 36 Broken Flowers (2005)1 36 Four Brothers (2005)2 38 Must Love Dogs (2005)3 39 The River King (2005)4 39 Stuart Little 3: Call of the Wild (2005) (V)5 41 The Cave (2005)6 42 The Thing About My Folks (2005)7 43 Separate Lies (2005)8 44 Cinderella Man (2005)9 44 Mr. & Mrs. Smith (2005)0 44 Underclassman (2005)1 47 The 40 Year Old Virgin (2005)2 47 The Brothers Grimm (2005)3 49 Nine Lives (2005)4 50 Thumbsucker (2005)558647618775758333440129061191912429910289967747100100228275194042 # OF# OFIDMOVIE TITLESTATUSRENTALS DEFECTS1 Walk the Line (2005)2 Yours, Mine and Ours (2005)3 The Weather Man (2005)4 North Country (2005)5 Domino (2005)6 Saw II (2005)7 Rent (2005)8 Just Like Heaven (2005)9 Elizabethtown (2005)! 10 Zathura: A Space Adventure (2005)11 |Flightplan (2005)5 12 |Waiting.. (2005/1)- 13 In Her Shoes (2005)3 14 Corpse Bride (2005)15 The Legend of Zorro (2005)O 16 Proof (2005)1 17 Lord of War (2005)2 18 The Ice Harvest (2005)3 19 Pride & Prejudice (2005)- 20 Transporter 2 (2006)521 Red Eye (20051)522 Wallace & Gromit in The Curse of the Were-Rabbit (20- 23 Doom (2005)3 24 Wedding Crashers (2005)9 25 The Man (2005)O26 The Constant Gardener (2005)1 27 The Fog (2005)2 28 Hustle & Flow (2005)3 29 The Prince and Me 2 (2006) (V)130 The Aristocrats (2005)5 31 Supercross (2005)5 32 MirrorMask (2005)- 33 Where the Truth Lies (2005)3 34 Into the Blue (2005)1145531125542312100441219531242269226201944408826343399336233241950473474545554292678266661514710054504056549812464072337819507469

Inventory is an essential element of the manufacturing unit as it fulfills eh production operation…

Answered: If the percentage reported is below 85…

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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