8 5. A companys customers are either oldor new. A customer may be able or notable to provide an acceptablereference. The customer may either beknown or not known to creditcontroller. A new customer who is ableto provide an acceptable reference isallowed credit up to Sh. 1500,000. Anold customer that is able to provide anacceptable reference is allowed creditup to Sh. 3500,000. A customer that isknown is allowed a credit up to sh.1,000,000. A customer could be anindividual or a firm. A firm isguaranteed a credit of sh. 50,000 whilean individual is guaranteed credit of sh.20,000. Draw a decision table toexpress the above logic.

A decision table is a logic-based data entry system used to handle business operations. The…

Answered: 5. A companys customers are either old…

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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