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Basic Modeling Probls

The document provides data on Sachin Tendulkar's test cricket career including the number of matches and innings played, average score, highest score, 50s and 100s scored. It also includes multiple expense calculation problems and scenarios for purchasing a used or new car and determining optimal shoe order quantities for a promotional sale.

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CfhunSaat
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© Attribution Non-Commercial (BY-NC)
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Download as DOC, PDF, TXT or read online on Scribd
21 views

Basic Modeling Probls

The document provides data on Sachin Tendulkar's test cricket career including the number of matches and innings played, average score, highest score, 50s and 100s scored. It also includes multiple expense calculation problems and scenarios for purchasing a used or new car and determining optimal shoe order quantities for a promotional sale.

Uploaded by

CfhunSaat
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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1. I have given SachinTedulkars cricket test match data.

Based on your first class learning, Analyze the data and answer following questions:

a. How many test matches he has played (as per the data) b. How many test innings he has played c. How many Not Outs? d. What is his test average score e. What is the Highest Score? f. How many 50s?

g. How many 100s? h. How many 200s? i. j. How many 300s? How many Ducks?:

k. How many Overs he has bowled? l. How many wickets he has taken?

2. Your daily XCAFE bill is Rs.100.Cell Phone bills is Rs.1000, books Rs.1000, movie entertainment 200(once a month), JLT 500 (twice monthly), and outside trip 200 (weekly) and you get a pocket money from your parents Rs.5000. Make out a clear worksheet with the monthly expenses listed and summed, the remainder left over each month calculated, and the amount left over (assuming 30 days in a month).

3. Coffee Pricing Problem Coffee can be purchased according to this price schedule: For the first 500 Quintal, Rs.5000 per quintal For the next 1000 quintal, Rs 4000 per quintal For anything beyond 1500, Rs 3000 per quintal Create a spreadsheet model that will calculate the total price of buying x coffee/quintal, where x is a number to be entered into a cell on the spreadsheet. (x = 800, x= 1200, x = 300)

4. You are looking to buy a car. You are considering two options: to buy a second hand car and keep it for 10 years, or to buy a new car and keep it for 3 years. Initial Cost Age of the car Average Depreciation Running costs Service/repairs/maintennace Miles Fuel cost per mil Road Tax Insurance Car 1 $10000 10 years 1000 400 12000 0.20 400 800 Car 2 $16000 4 years 1400 250 12000 0.17 400 1000

A third option is to purchase the new car for 20,000 and after 14 years it will be worth 1000. The average service/repairs cost per year will be about 300. The average fuel cost per mile over will be about 0.18. The tax will be 600 and insurance will be 1100. Calculate the Total cost per year for new car. Do you buy new car or used car? 5. Shoe Problem Sachin owns a shoe store in Bhubaneswar. He recently opened a store in Pal Heights and for XIMBiansSachin plans to offer a new promotion for the month of July. Sachin can order shoes directly from the wholesaler for Rs.1000/=. During the promotion period, he wants to sell the shoes for Rs 1500/= an attractive discount from the MRP of Rs.2500/= a pair. To get shoes at Rs.1000/= from the wholesaler, he must place an order two month in advance. If customer demand exceeds the quantity Sachin ordered, then he has to get the shoes from another dealer for Rs. 1500/= per pair. After the promotion period is over, remaining shoes he has to sell it at Rs.1800/= Your task: Build a spreadsheet that captures the information above and allows Sachin tochange the values of quantity Ordered and Demandin the model to see how revenues and costsare affected under different conditions. a. What happens if Sachin orders 200 pairs of shoes but demand is only 240? b. If he orders 100 pairs of shoes and demand is50?

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