GilaShoes

GilaShoes - IF, NOT, MAX, MIN Knowing how to use Excel's...

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Unformatted text preview: IF, NOT, MAX, MIN Knowing how to use Excel's logical functions IF and NOT, and the statistical functions MAX and MIN can make you more effective at model-building. The examples on the worksheets that follow show how you might use these functions. MAX MIN Page 2 Gila Shoes Inputs and data Calculations Using Excel's MAX and MIN Functions Quantity Revenue Cost Profit (loss) Quantity Ordered 200 Special supplier shoes sold 50 $3,250 $2,000 $1,250.00 Special supplier shoes unsold 150 $5,250 $6,000 $(750.00) Regular supplier shoes sold $- $- $- Demand 50 Result $500.00 Data: Shoes from Gaiwan supplier Cost $40.00 Promotion Price $65.00 Salvage value $35.00 Shoes from regular suplier Cost $55.00 A B C D E F G H I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 MAX MIN formulas Page 3 Gila Shoes Inputs and data Calculations Using Excel's MAX and MIN Functions Quantity Revenue Cost Profit (loss) Quantity Order 200 l supplier shoes sold 50 $3,250 $2,000 $1,250.00 Special supplier shoes unsold...
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This note was uploaded on 12/20/2011 for the course BUS 101 taught by Professor Ecklund during the Spring '01 term at Duke.

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GilaShoes - IF, NOT, MAX, MIN Knowing how to use Excel's...

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