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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quant discounts. The following table shows the price per roll depending on order size: Quantity Ordered To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. DATA file From 1 51 101 201 (a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. From Price per Roll 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172

Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quant discounts. The following table shows the price per roll depending on order size: Quantity Ordered To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. DATA file From 1 51 101 201 (a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. From Price per Roll 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. From 1 51 101 201 DATA file (a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. Price per Roll From 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172
Transcribed Image Text:Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered To Price per Roll 50 $215 100 $195 200 $175 and up $155 Click on the datafile logo to reference the data. From 1 51 101 201 DATA file (a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. Price per Roll From 1 51 101 201 To 50 100 200 and up $215 $195 $175 $155 Number of Orders 172
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