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Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money. Screenshot attached

Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money. Screenshot attached

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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Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money.

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File LA From Access From Web From Text F10 2 Home Insert Page Layout 3 From Other Sources Get External Data 5 A 4 Number to Make ⠀ 6 Required Inputs 7 Labor Hours 8 Ship sets X 10 11 Unit Profit 12 13 14 Formulas Data Show Queries From Table ## New Existing Connections Query Recent Sources Get & Transform 9 Electronic Components fxx =B11*B4+C11*C4 Pro B с D Mini 800 200 Used 6 9 2000 1 1 15 10 $182.00 $139.00 Review Connections Properties Refresh All-Edit Links Connections E View 6600 <= 1000 <= 14000 <= F Tell me what you want to do... x Clear Available 222 Sort 7000 1000 14000 TOTAL PROFIT $173,400.00 G Filter Sort & Filter Reapply Advanced H CE A E88 Flash Text to Remove Data Consolidate Relationships Manage Columns Fill Duplicates Validation Data Model I J Data Tools K L M tott BY 18:34 18+ What-If Forecast Group Ungroup Subtotal Analysis Sheet Forecast ΣΓΕ N O Outline P Sign in Share ?, Solver Analyze Q
Transcribed Image Text:File LA From Access From Web From Text F10 2 Home Insert Page Layout 3 From Other Sources Get External Data 5 A 4 Number to Make ⠀ 6 Required Inputs 7 Labor Hours 8 Ship sets X 10 11 Unit Profit 12 13 14 Formulas Data Show Queries From Table ## New Existing Connections Query Recent Sources Get & Transform 9 Electronic Components fxx =B11*B4+C11*C4 Pro B с D Mini 800 200 Used 6 9 2000 1 1 15 10 $182.00 $139.00 Review Connections Properties Refresh All-Edit Links Connections E View 6600 <= 1000 <= 14000 <= F Tell me what you want to do... x Clear Available 222 Sort 7000 1000 14000 TOTAL PROFIT $173,400.00 G Filter Sort & Filter Reapply Advanced H CE A E88 Flash Text to Remove Data Consolidate Relationships Manage Columns Fill Duplicates Validation Data Model I J Data Tools K L M tott BY 18:34 18+ What-If Forecast Group Ungroup Subtotal Analysis Sheet Forecast ΣΓΕ N O Outline P Sign in Share ?, Solver Analyze Q
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