Solution

Return on Investment Comparisons

Year
0
1
2
3
IRR

Excelsior Project Team

-$20,000,000.00
$8,000,000.00
$10,000,000.00
$12,000,000.00
22%
Better Return:

Indela Project Team

-$20,000,000.00
$0.00
$0.00
$34,000,000.00
19%
Excelsior Project Team

Documentation
IRR C11
Better Return D13

=IRR(C7:C10)
=IF(C11>D11,"Excelsior Project Team","Indela Project Team")

Solution

United Manufacturing Machinery Purchasing Schedule

F300
Cost per Machine
Expense per Machine

$350,000.00
$12,000.00

$220,000.00
$7,500.00

Machines to Buy
Total Cost
Total Expenses

S250

$1,750,000.00 $1,760,000.00
$60,000.00
$60,000.00

Production per machine

125

81

Total Production-Individual

625

648

Total Production

1273

Total Amount to be Spent

$3,510,000.00 $4,000,000.00
Total Expenses
$120,000.00

$120,000.00

13

Total Machines

Documentation
Machines to Buy
Total Cost
Total Expenses
Total Production-Individual
Total Production
Total Amount to be Spent
Total Expenses
Total Machines

C11
C13
C14
C18
C20
B25
B28
B31
C31

See Solver Parameters

=C8*C11
=C9*C11
=C11*C16
=C18+D18
=C13+D13
=C14+D14
=C11+D11
=B31*(1/3)

Schedule

Price
Item
Unit Price $
Connectors
3.98
Grommits
15.99
Hasps
0.35
Widgets
8.79
Item

Quantity

Connectors
Grommits
Hasps
Widgets

30
100
50
80

Discount
Total Amount $
0
100
500
1000

Unit
Price $
3.98
15.99
0.35
8.79

Total Amount Before

Discount $
119.40
1599.00
17.50
703.20

Documentation

Unit Price $
D10
Total Amount Before Discount $E10
Discount Percent
F10
Discount Amount $
G10
Total Amount After Discount $H10
Sales Tax $
I10
Total Due $
J10

=LOOKUP(B10,$B$4:$B$7,$C$4:$C$7)
=C10*D10
=VLOOKUP(E10,$E$4:$F$7,2)
=E10*F10
=E10-G10
=H10*$H$4
=H10+I10

Discount
Discount

Sales Tax Rate

0%
5%
10%
15%

6%

Discount
Percent
5%
15%
0%
10%

Discount
Amount $
5.97
239.85
0.00
70.32

Total Amount
After Discount $
113.43
1359.15
17.50
632.88

Sales Tax $

Total Due $

6.81
81.55
1.05
37.97

120.24
1440.70
18.55
670.85

Solution
Single Tax Table

Freedonia Tax Amounts

Marriage Status:
Income:

Married
8,000

Base Tax Owed:

Excess Tax Owed:

160.00
750.00

Total Tax Owed:

Percent of Income Owed:

910.00
11.38%

Income
0
1000
3000
10000

Base Tax Excess Rate

0
0%
0
10%
200
20%
1,600
30%

Married Tax Table

Income
0
1000
3000
10000

Base tax Excess Rate

0
0%
0
8%
160
15%
1,210
25%

Documentation
Marriage Status
Income
Base Tax Owed:
Excess Tax Owed:
Total Tax Owed:
Percent of Income Owed:

C6
C7
C9
C10
C12
C13

<input>
<input>
=IF(C6="Single",VLOOKUP(C7,E5:F8,2),IF(C6="Married",VLOOKUP(C7,E1
=IF(C6="Single",VLOOKUP(C7,E5:G8,3)*(C7-VLOOKUP(C7,E5:G8,1)),IF(C
=C9+C10
=C12/C7

"Married",VLOOKUP(C7,E16:F19,2),"Error in Marital Status"))

LOOKUP(C7,E5:G8,1)),IF(C6="Married",VLOOKUP(C7,E16:G19,3)*(C7-VLOOKUP(C7,E16:G19,1)),"Error in Marital Status"))

Marital Status"))

Solution

I Predict
RAND
Month
Day Weather
0.5395839715 January 1
Cloudy
0.2080085992 January 2
Snow
0.6779565229 January 3
Sunny
0.6479915117 January 4
Sunny
0.0941712309 January 5
Snow
0.6546425698 January 6
Sunny
0.9582367707 January 7
Rain
0.0543048265 January 8
Snow
0.7790197551 January 9
Sunny
0.9739897491 January 10
Rain
0.9051222696 January 11
Rain
0.8054543152 January 12 Sunny
0.7475859954 January 13 Sunny
0.9348675206 January 14
Rain
0.4627682487 January 15 Cloudy
0.7665761686 January 16 Sunny
0.3894855166 January 17 Cloudy
0.8305307853 January 18 Sunny
0.7389002619 January 19 Sunny
0.1669911197 January 20
Snow
0.9200795256 January 21
Rain
0.1125232379 January 22
Snow
0.63526782 January 23 Sunny
0.379569157 January 24 Cloudy
0.4951200006 January 25 Cloudy
0.54446081 January 26 Sunny
0.6397818876 January 27 Sunny
0.6553889541 January 28 Sunny
0.2564371724 January 29 Cloudy
0.1387194325 January 30
Snow
0.5722783618 January 31 Sunny

Documentation

RAND B6 =RAND()
Weather E6 =IF(B6<0.21,"Snow",IF(B6<0.54,"Cloudy",IF(B6
Note:
Press "F9" to recalculate

F(B6<0.54,"Cloudy",IF(B6<0.84,"Sunny","Rain")))

B
1 Solution
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
31
32
33
34
35

Super Cherry Slot Machine Results

Spin

Random #

Wheel
1

Random #

Wheel
2

Random #

1
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

0.9382498073
0.7409092337
0.659155933
0.4013209522
0.4419753419
0.9288099201
0.0734721287
0.5597989447
0.4408704287
0.3742333115
0.6674355557
0.1696808708
0.4764703065
0.3442228732
0.5791932561
0.8441113222
0.0856943382
0.0478235323
0.4855142697
0.3706681584
0.6948545189
0.8263118782
0.5380903396
0.1797915825
0.7664444675
0.5218098988
0.0562434641
0.0599838344
0.0949594891

7
Ace
Ace
Plum
Plum
7
Cherry
Ace
Plum
Plum
Ace
Cherry
Plum
Plum
Ace
7
Cherry
Cherry
Plum
Plum
Ace
7
Ace
Cherry
7
Ace
Cherry
Cherry
Cherry

0.5552432991
0.9465144032
0.6173237977
0.8114676625
0.7401706062
0.7104182316
0.854327451
0.4889175876
0.4018520098
0.7352405682
0.4829947553
0.3500394297
0.4461643249
0.4341965949
0.6673765993
0.5982702547
0.1438461898
0.7606510012
0.2408517594
0.7781326959
0.7701640918
0.675221931
0.3883766062
0.7400185282
0.0743498981
0.5331971254
0.6072434722
0.3731642864
0.1581619617

Ace
7
Ace
7
Ace
Ace
7
Plum
Plum
Ace
Plum
Plum
Plum
Plum
Ace
Ace
Cherry
7
Plum
7
7
Ace
Plum
Ace
Cherry
Ace
Ace
Plum
Cherry

0.179963388
0.8533805166
0.4636710321
0.538066111
0.6303205567
0.5704439036
0.9862450717
0.4865939647
0.9800108406
0.4390754842
0.5446071262
0.6891871311
0.475434985
0.6907344768
0.3167709522
0.0929382108
0.3541300162
0.1229987831
0.6183307946
0.0521039274
0.3861373821
0.7129034896
0.6039841229
0.026260874
0.3633588369
0.4991752596
0.0106326095
0.8681934336
0.789528813

Wheel Win/Loss Money

3
on Spin on Hand
100
Cherry
0
100
7
-1
99
Plum
-1
98
Ace
-1
97
Ace
-1
96
Ace
-1
95
7
0
95
Plum
-1
94
7
-1
93
Plum
-1
92
Ace
-1
91
Ace
0
91
Plum
-1
90
Ace
-1
89
Plum
-1
88
Cherry
0
88
Plum
2
90
Cherry
2
92
Ace
-1
91
Cherry
0
91
Plum
-1
90
Ace
-1
89
Ace
-1
88
Cherry
2
90
Plum
0
90
Plum
-1
89
Cherry
2
91
7
0
91
7
2
93

Documentation

Random # C8 =RAND
Wheel 1 D8 =IF(C8<0.2,"Cherry",IF(C8<0.5,"Plum",IF(C8
Win/Loss on Spin I8 =IF(AND(D8="Cherry",F8="Cherry",H8="Che
IF(OR(AND(D8="Cherry",F8="Cherry"),AND(
IF(OR(D8="Cherry",F8="Cherry",H8="Cherry
Money on Hand J8 =J7+I8
Note:
Press "F9" to recalculate

36
37
38
39
40
41
42
43
44
45
46
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

B
30
31
32
33
34
35
36
37
38
39
40
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

C
0.1231141575
0.3441650984
0.5480937259
0.3895846235
0.9533251547
0.4575724523
0.6649141174
0.6956077565
0.7340884127
0.6889627073
0.591849843
0.7477752082
0.5320688158
0.9200623201
0.7031713037
0.9379304417
0.6948456427
0.6010240135
0.7140061094
0.7882653757
0.8708579305
0.7491600739
0.0102053985
0.8018889502
0.7815449482
0.5693032064
0.2133472399
0.9877520825
0.2936259368
0.5245913367
0.870801419
0.731623977

D
Cherry
Plum
Ace
Plum
7
Plum
Ace
Ace
Ace
Ace
Ace
Ace
Ace
7
Ace
7
Ace
Ace
Ace
7
7
Ace
Cherry
7
7
Ace
Plum
7
Plum
Ace
7
Ace

E
0.2385988894
0.7108466865
0.3295331807
0.4729221081
0.7932836979
0.9898708032
0.6191742967
0.3958321125
0.3797380668
0.3358657779
0.2084066416
0.2765166329
0.0007183619
0.6768491936
0.9115784261
0.4366622476
0.1504961166
0.5834702225
0.3898772476
0.6889757654
0.115201903
0.1033970998
0.7372997878
0.6315353925
0.3110477405
0.7837078692
0.8813250889
0.4839587263
0.5677492172
0.2321496799
0.8144501629
0.5772172851

F
Plum
Ace
Plum
Plum
7
7
Ace
Plum
Plum
Plum
Plum
Plum
Cherry
Ace
7
Plum
Cherry
Ace
Plum
Ace
Cherry
Cherry
Ace
Ace
Plum
7
7
Plum
Ace
Plum
7
Ace

G
0.1980245982
0.920214406
0.0380430121
0.3329490172
0.9734887281
0.2769828055
0.6192564119
0.6253217049
0.9283780197
0.2607059004
0.9865703203
0.9813693736
0.1111634199
0.50009243
0.5432195519
0.3846290689
0.01599455
0.5316665045
0.1132177447
0.0665254104
0.1612824039
0.289189463
0.4159740959
0.7783928674
0.0509373411
0.3991981687
0.8084782979
0.3269292708
0.2747565489
0.6071229787
0.9908454239
0.1935483599

H
Cherry
7
Cherry
Plum
7
Plum
Ace
Ace
7
Plum
7
7
Cherry
Ace
Ace
Plum
Cherry
Ace
Cherry
Cherry
Cherry
Plum
Plum
7
Cherry
Plum
7
Plum
Plum
Ace
7
Cherry

I
2
-1
0
-1
-1
-1
-1
-1
-1
-1
-1
-1
2
-1
-1
-1
2
-1
0
0
2
0
0
-1
0
-1
-1
-1
-1
-1
-1
0

J
95
94
94
93
92
91
90
89
88
87
86
100
102
101
100
99
101
100
100
100
102
102
102
101
101
100
99
98
97
96
95
95

1
2
3
4
5

6
7
8
9
10
11
12
13
14
15
16
C8<0.2,"Cherry",IF(C8<0.5,"Plum",IF(C8<0.75,"Ace",7)))
17
AND(D8="Cherry",F8="Cherry",H8="Cherry"),25,
18
R(AND(D8="Cherry",F8="Cherry"),AND(H8="Cherry",F8="Cherry"),AND(D8="Cherry",H8="Cherry")),2,
19
R(D8="Cherry",F8="Cherry",H8="Cherry"),0,-1)))
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

P
36
37
38
39
40
41
42
43
44
45
46
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

Correctness (60%)
Documentation (20%)
Formatting (10%)
Elegance (10%)
Marks Allocated:
Total:

Q1

Q2

Q3

6
2
1
1
10
10

6
2
1
1
10
10

9
3
1.5
1.5
15
15

75

Correctness
Documentation
Formatting
Elegance

Q4

Q5

Q6

9
3
1.5
1.5
15
15

6
2
1
1
10
10

9
3
1.5
1.5
15
15

Correctness
Documentation
Formatting
Elegance

Correctness

Documentation
Formatting
Elegance

Correctness
Documentation
Formatting
Elegance

Correctness
Documentation
Formatting
Elegance

Correctness

Correctness
Documentation
Formatting
Elegance

Q1
Are the inputs correct?
Is the selection criteria's formulation correct?
Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y
y

3
3
2
1
1

Q2
Are the inputs (Constraints) correct?
Is the formulation correct?
Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y
y

3
3
2
1
1

Q3
Are the inputs correct?
Is the lookup for unit price done correctly?
Is the calculation of total amount before discount correct?
Is the lookup for discount percentage correct?
Are the remaining computations done correctly?
Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y
y
y
y
y

1
2
2
2
2
3
1.5
1.5

Q4
Are the inputs correct?
Is the base tax computed correctly?
Is the excess tax computed correctly?
Is the percentage of income correct?
Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y
y
y
y

2
3
3
1
3
1.5
1.5

Q5
Are the inputs correct?
Is the formulation correct?
Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y
y

3
3
2
1
1

Q6
Are the inputs correct?
Is the probability of each wheel correct?

y
y

3
3

Is the result accurate?

Are the key formulas documented properly?
Is the formatting properly done?
Any special formula or functions used?

y
y
y
y

3
3
1.5
1.5

NPV / IRR / Additional Analysis Tools