Top Posters
Since Sunday
7
e
5
e
5
e
4
D
4
n
4
4
d
4
K
3
p
3
z
3
C
3
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
pd_master pd_master
wrote...
Go to Answer
Posts: 672
Rep: 1 0
7 years ago
You may assume equal probability for the number of rentals to assume any value in that range.  The monthly operating costs for Rentals-R-Us can range anywhere from $2,000 to $4,000, with $3,000 being the most probable cost.  Each rented vehicle generates $55 in revenues.  You decide to build a simulation model in Crystal Ball to simulate monthly profits.

    A   B
1   Rentals-R-Us   
2   Number of car rentals   50
3   Rental per car   $55
4   Monthly operating costs   $2,000
5   Profit or loss   $750


270.   Which cell(s) would be designated as the “Forecast cell”?
a.   A5
b.   B2
c.   B3
d.   B4
e.   B5
Textbook 
Managerial Decision Modeling with Spreadsheets

Managerial Decision Modeling with Spreadsheets


Edition: 3rd
Authors:
Read 78 times
2 Replies
Replies
Answer verified by a subject expert
MadMaryMadMary
wrote...
#1
Posts: 481
Rep: 31 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

pd_master Author
wrote...
#2
6 years ago
Thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  937 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1774
  
 1016
  
 1148
Your Opinion
Where do you get your textbooks?
Votes: 397
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?