Use the data given below to answer the following questions) .
Below is a spreadsheet of purchase orders for a computer hardware retailer. 123456789101112 A Purchase Orders Supplier Rex Technologies Rex Technologies Rex Technologies Rex Technologies Max’s wavetech Max’s wavetech Max’s wavetech B item Description Graphics Card Monitor Keyboard Speakers HD Cables Processor Hard disk C Item Cost $89$150$15$15$5$278$120D Quantity 35154020102718E Cost per Order $3115 $2250$600$300$50$6950$2160F AP Terms Months) 20251525253020G Order No. AL123 AL234 AL345 AL456 KO876 KO765 KO654 H Order Size Large Small Large Small Small Large Small
-To find the average of the total cost of orders from Rex Technologies, what Excel formula should be used in A12?
Maximize Profit
The process of making business decisions that increase the difference between total revenue and total costs to the highest possible level.
Constant Output Rate
A production strategy where goods or services are produced at a uniform rate, maintaining a steady level of output over time.
Demand Manipulation
Techniques used by businesses to influence customer demand, either by stimulating interest in products or by adjusting supply levels.
Aggregate Planning
A process in operations management aimed at determining optimal production levels, inventory, and workforce requirements over a medium-term time horizon.