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Use a Modern Software Tool to Perform Statistical Calculations -What Is the Net Production at the End of the the Table

question 15

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Use a modern software tool to perform statistical calculations.
Use the table below to answer the following question(s) using the standard Solver. Below is the spreadsheet for Memphis Designs fixed cost model: ABCD1 Memphis Design Fixed Cost Model 23 Data 45 Cost  Quarter 1  Quarter 2  Quarter 3 6 Production $10.00$15.00$13.507 Inventory $1.70$1.70$1.708 Demand 200450759 Fixed Cost $75.00$75.00$75.001011 Model 1213 Quarter 1  Quarter 2  Quarter 3 14 Production 15 Inventory 16 Binary 1718 Binary constraints 19 Net Production 2021 Cost 22 Total \begin{array}{|l|c|c|c|c|}\hline & \mathrm{A} & \mathrm{B} & \mathrm{C} & \mathrm{D} \\\hline 1 &{\text { Memphis Design Fixed Cost Model }} & & \\\hline 2 & & & & \\\hline 3 & \text { Data } & \\\hline 4 & & \\\hline 5 & \text { Cost } & \text { Quarter 1 } & \text { Quarter 2 } & \text { Quarter 3 } \\\hline 6 & \text { Production } & \$ 10.00 & \$ 15.00 & \$ 13.50 \\\hline 7 & \text { Inventory } & \$ 1.70 & \$ 1.70 & \$ 1.70 \\\hline 8 & \text { Demand } & 200 & 450 & 75 \\\hline 9 & \text { Fixed Cost } & \$ 75.00 & \$ 75.00 & \$ 75.00 \\\hline 10 & \\\hline 11 & \text { Model } \\\hline 12 & \\\hline 13 & & \text { Quarter 1 } & \text { Quarter 2 } & \text { Quarter 3 } \\\hline 14 & \text { Production } & & & \\\hline 15 & \text { Inventory } \\\hline 16 & \text { Binary } \\\hline 17 & \\\hline 18 & \text { Binary constraints } \\\hline 19 & \text { Net Production } \\\hline 20 & & \\\hline 21 & & \text { Cost } \\\hline 22 & \text { Total } & \\\hline\end{array}
-What is the net production at the end of the third quarter?

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Definitions:

Sales Growth Rate

The percentage increase in sales over a specific period, indicating the health and expanding nature of a business.

Capacity

The maximum amount that something can contain or produce, often used in the context of production and manufacturing.

Lumpy Assets

Those assets that cannot be acquired smoothly, and that require large, discrete additions. For example, an electric utility that is operating at full capacity cannot add a small amount of generating capacity, at least not economically.

Financial Forecasting

The process of estimating or predicting how a business will perform in the future through the use of historical data and other information.

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