Sheet1

1 Example 3: Video Store

2 Number of Copies bought=
3 Rental
4 $/copy
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

Day #

Rand
1 0.561886

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

0.738577
0.450762
0.110117
0.071625
0.62547
0.799432
0.982351
0.456272
0.090469
0.395263
0.147391
0.873322
0.846718
0.539981
0.200942
0.189364
0.026948
0.441483
0.601481
0.887993
0.494598
0.412625
0.506527
0.37894
0.603046
0.449826
0.840808
0.468839
0.796342

3 @
End-of-month sale at

Demand

# Rented

G
25 $/copy

5 $/copy

Revenue($/day)

12

Profit($/m)

3
3
1
1
3
3
5
3
1
2
1
4
3
3
2
2
1
3
3
4
3
3
3
2
3
3
3
3
3

3
3
1
1
3
3
3
3
1
2
1
3
3
3
2
2
1
3
3
3
3
3
3
2
3
3
3
3
3

12
12
4
4
12
12
20
12
4
8
4
16
12
12
8
8
4
12
12
16
12
12
12
8
12
12
12
12
12

260

C6=IF(B6<0.15,0,IF(B6<0.4,1,IF(B6<0.8,2,IF(B6<0.95,3,4))))
D6=min(C6,$D$2)
E6=D6*B$3
B7:E35= copy B6:E6
Profit = SUM(E6:E35)-D2*F2+D2*E3

Page 1

or C6=VLOOKUP(B6,P5:Q10,2)