19. 20. b. Given the money he has in savings, Ray thinks he can get by for the next five years if he can make at least $12, 000 from the store each year. ... The company sends out filll-C0101a#39; catalogs several times a year to several hundred thousand people on its mailing list. ... How much profit must the company cam on an average order in order to cover the cost of printing and distributing the catalogs? b.
|Title||:||Spreadsheet Modeling and Decision Analysis|
|Author||:||Cliff T. Ragsdale, Johnson Graduate School of Management (Cornell University)|