LECTURE 3 WORKSHEET—IF AND BOOLEAN LOGIC DISCOUNT PRICING Sales Sales Data As the owner of a small convenience store you have started to keep track of store sales. For each sale, you will record the discounts which apply to each sale. Your pricing is such that sales are discounted based on the sales amount, as given on the Data! worksheet. The only exception to this is where a senior discount is applied (for those eligible customers over the age of 65). Seniors will receive the greater of either the sales discount or the senior discount. 1 2 3 4 5 6 7 8 9 10 11 A Description food other B C Category % of total F 0% O 12% Discounts Senior Discount 12% Sales Discount <$100 > $100 but < $200 $200 or more 0% 10% 15% 1. Write an Excel formula in cell Sales!E2 that can be copied down the column to determine the value of the senior discount. Only seniors are eligible for this discount. Senior status is indicated in column C on sheet Sales!. The senior discount percentage in given on sheet Data. Non-seniors receive no discount. (Note the ‘-‘ display is the currency format for the value $0). 2. Write an Excel formula in cell Sales!F2 that can be copied down the column to determine the value of the sales discount. As indicated on sheet Data!, sales of less than $100 receive no discount, sales of at least $100 but less than $200 receive a 10% discount, and sales of $200 or more receive a 15% discount of the sale amount. 3. Write an Excel formula in cell Sales!G2 that can be copied down the column to determine the discount amount used. The discounted value used will be the greater of the two discounts (senior discount or sales discount). (**challenge – try to do this without an IF). LECTURE 3 WORKSHEET—IF AND BOOLEAN LOGIC 4. Write an Excel formula in cell Sales!H2 that can be copied down the column to determine total sale value after the discount. 5. Write an Excel formula in cell Sales!I2 that can be copied down the column to determine the sales tax on this item. Sales tax rates are listed by category on sheet Data!. Categories for each sale are listed in column D. 6. Write an Excel formula in cell Sales!J2 that can be copied down the column to determine the value of the sale including tax rounded to the nearest cent. LECTURE 3 WORKSHEET—IF AND BOOLEAN LOGIC ART PROBLEM A 1 2 3 4 5 6 7 8 9 10 11 12 13 B C D #Art Avg Hotel Roundtrip Museums $per night Airfare City Boston 20 150 259 New York 40 225 208 Chicago 14 160 95 Los Angeles 12 270 473 San Francisco 17 203 489 Miami 3 180 279 Houston 6 200 299 Tucson 2 99 520 more acceptable to kim than nat TRUE none acceptable only ny acceptable average price of acceptable cities E avg temp in Dec. 35 41 31 71 52 68 75 85 F Good Art TRUE TRUE TRUE TRUE TRUE FALSE FALSE FALSE G H I J Weekly cost per Good Accept to Accept to Person Weather Kim Nat $ 1,309 FALSE TRUE FALSE $ 1,783 FALSE TRUE FALSE $ 1,215 FALSE TRUE FALSE $ 2,363 TRUE TRUE FALSE $ 1,910 TRUE TRUE FALSE $ 1,539 TRUE TRUE FALSE $ 1,699 TRUE TRUE FALSE $ 1,213 FALSE FALSE TRUE FALSE FALSE $ 1,688 FALSE FALSE $ 1,213 As a travel agent you have collected information for you clients on various American cities for their winter vacation plans including: the number of art museums, hotel costs, roundtrip airfare from Columbus and weather statistics. You now need to summarize this information to determine which options meet each of your client’s requirements. 1. If a city has more than 10 Art Museums it is considered to have “good art”. Write a formula in cell F2 (True/False), which can be copied down the column, to determine if Boston has “good art”. 2. Write a formula in Cell G2, which can be copied down the column, to calculate the cost of a week in Boston which includes seven nights in a hotel and one roundtrip airfare. 3. If a city has average temperatures between 50 and 80 (inclusive) it is considered to be “good weather”. Write a formula to give a True or False answer in H2, which can be copied down the column, to determine if Boston has “good weather”. LECTURE 3 WORKSHEET—IF AND BOOLEAN LOGIC 4. Your client Kim considers any destination that has either good art or good weather to be acceptable. Write a formula in cell I2 (True/False), which can be copied down the column, to determine if Kim considers Boston acceptable. 5. Your client Nat only wants to go to the destination with the cheapest price. Write a formula in cell J2, which can be copied down the column to determine if Boston is acceptable to Nat. 6. Assume you have copied down all the formulas from columns F through J. Write a formula to give a True or False answer in K10 (not shown) to determine if either Chicago is acceptable to both Kim and Nat or New York is acceptable to both Kim and Nat. 8. Write a formula in I11 (not shown), which can be copied across, to determine if no cities are acceptable to Kim. 9. Write a formula in I12 (not shown), which can be copied across, to determine if only New York is acceptable to Kim. LECTURE 3 WORKSHEET—IF AND BOOLEAN LOGIC A TRAVEL AGENCY A B C 1 Travel Packages from Columbus to : 2 3 4 5 6 7 8 9 10 11 12 Package Luxury List Price Rating Destination: Boston 850 B New York 950 A Chicago 475 A Los Angeles 1250 B San Francisco 1180 C Miami 770 C London 2125 A Paris 1875 B D costs < avg TRUE TRUE TRUE FALSE TRUE TRUE FALSE FALSE Avgl value of packages being promoted: E F G Price with luxury Commission Try to sell $ 935 $ 63.75 FALSE $ 1,045 $ 71.25 FALSE $ 523 $ 47.50 FALSE $ 1,375 $ 75.00 FALSE $ 1,180 $ 70.80 FALSE $ 770 $ 57.75 FALSE $ 2,338 $ 106.25 TRUE $ 2,063 $ 112.50 TRUE 2000 1 2 3 4 5 A List Price range less than 500 at least 500 but less than 1000 at least 1000 but less than 2000 $2000 or over B Commission 10.00% 7.50% 6.00% 5.00% Comm Calc An Excel workbook contains two worksheets, Calc and Comm containing information on the different travel packages (airfare, hotel, etc.) that you offer. Sheet Comm contains a list of travel agent commission rates based on the list price of travel package. 1. Write an Excel formula in cell D3, which can be copied down the column, to determine (True/False) if the package list price for this destination is less than the average list price of all the destinations being offered. 2. Write an Excel formula in cell E3, which can be copied down the column, to determine the total price including tax of this travel package. A luxury tax of 10% is applied to all packages with an A or B rating. 3. Write an Excel formula in cell F3, which can be copied down the column, to determine travel agent’s commission. Commission rates are listed on sheet comm. If a travel package lists for under $500 a commission of 10% is earned, for at least $500 but less than $1000 a commission of 7.5% is earned, etc. Since commission rates for a cost category frequently vary, use cell references wherever possible. 4. On average approximately $75 is spent in time, phone calls and supplies selling any given travel package. Therefore travel packages that yield a commission of less than $75 are unprofitable and are not “pushed” by the agents. Write an Excel formula in cell G3, which can be copied down the column, to determine if the agents should “push” (try to sell) this travel destination.