Question
In: Statistics and Probability
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell single-user access to the book for $46.
a.) Build a spreadsheet model to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3500 copies?
b.) Use a data table to vary demand from 1000 to 6000 in increments of 200 to assess the sensitivity of profit to demand.
c.) Use Goal Seek to determine the access price per copy that the publisher must charge to break even with a demand of 3500 copies.
Solutions
orchestra answered 1 year agoRelated Solutions
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $150,000. Variable
processing costs are estimated to be $7 per book. The publisher
plans to sell single-user access to the book for $49.
(a)
Build a spreadsheet model in Excel
to calculate the profit/loss for a given demand. What profit can be
anticipated with a demand of 3,400 copies?
For subtractive...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $155,000. Variable
processing costs are estimated to be $6 per book. The publisher
plans to sell single-user access to the book for $47.
Through a series of web-based experiments, Eastman has created a
predictive model that estimates demand as a function of price. The
predictive model is demand = 4,000 -...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $150,000. Variable
processing costs are estimated to be $7 per book. The publisher
plans to sell single-user access to the book for $49.
(a)
(b)
JUST NEED HELP WITH C
(c)
Use Goal Seek to answer the following question. With a demand
of 3,400 copies, what is the access price per...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $150,000. Variable
processing costs are estimated to be $7 per book. The publisher
plans to sell single-user access to the book for $49.
Through a series of web-based experiments, Eastman has created a
predictive model that estimates demand as a function of price. The
predictive model is demand = 4,000 -...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $170,000. Variable
processing costs are estimated to be $5 per book. The publisher
plans to sell single-user access to the book for $45.
Through a series of web-based experiments, Eastman has created a
predictive model that estimates demand as a function of price. The
predictive model is demand = 4,000 -...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing Company is considering publishing an
electronic textbook about spreadsheet applications for business.
The fixed cost of manuscript preparation, textbook design, and
web-site construction is estimated to be $170,000. Variable
processing costs are estimated to be $5 per book. The publisher
plans to sell single-user access to the book for $45.
Through a series of web-based experiments, Eastman has created a
predictive model that estimates demand as a function of price. The
predictive model is demand = 4,000 -...
Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed...
Eastman Publishing
Company is considering publishing an electronic textbook about
spreadsheet applications for business. The fixed cost of manuscript
preparation, textbook design, and web-site construction is
estimated to be $160,000. Variable processing costs are estimated
to be $6 per book. The publisher plans to sell single-user access
to the book for $46.
(a)
Build a spreadsheet model in Excel
to calculate the profit/loss for a given demand. What profit can be
anticipated with a demand of 3,500 copies?
For subtractive...
Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet applications for business.
Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and Website construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell access to the book for $46 each. Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand = 4000-6*p where p is the price of the...
1. Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet applications for business. The...
1. Eastman Publishing Company is
considering publishing an electronic textbook on spreadsheet
applications for business. The fixed cost of manuscript
preparation, textbook design, and Web site construction is
estimated to be $160,000. Variable processing costs are estimated
to be $6 per book. The publisher plans to sell access to the book
for $46 each. Eastman has created a predictive model that estimates
demand as a function of price. The predictive model is demand =
4000-6*p where p is the price...
superbtext publishing is a textbook publishing company with the headquarter locatio a warehouse and 3 sales...
superbtext publishing is a textbook publishing company with the
headquarter locatio a warehouse and 3 sales office that each have
sales manager and sales reps. a superbtext sales to schools,
college, and individuals . many author writes more than one books
for superb text . and some book are witten by more than one
authors. superbtext maintains and activelist of more than 100
books. each identified by the universal code cal ISBN. a. you have
been asked to draw ERD...
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