Excel Exercise !!by using excel and risk analysis answer this question Management Consultation Center MCC is a well-established educational and training center inKingdom of Bahrain. The center provides different types of workshops and certificates to enhanceknowledge on innovation, and entrepreneurship. The following are the center event schedule forMarch 2019EventDateInstructorFeePackageRate(coursematerial)participant participant perparticipantperper1 Workshop in entrepreneurshipand innovationWorkshop in Data scienceCertificate in Digital Marketing1st to 5th March$30$200$3011th to 15th March$220$40$40???2321* to 30h March$300$75and innovationNo. ParticipantsMax: 100 , Min: 70period5 daysEvent1Workshop in entrepreneurshipand innovation2 Workshop in Data science3 Certificate in Digital Marketing5 days10 daysMean: 75 STD: 15Маx: 30 Min: 15and innovationThe center has the following hallsRentСарacity$700$1000$300Hall A50Hall B100Hall C251- Calculate the instructors rate/per participant for the certificate which is decided by theaverage of the number of customers of workshop 1 and workshop 2 when the profit of theworkshop 2 is greater than workshop1 by 800.

The instructors rate/ participant is:

Package (course Event Date Instructor Fee Rate material) participant participant per per per participant 1 Workshop in entrepreneurship 1* to 5h March $30 $200 $30 and innovation 2 Workshop in Data science Certificate in Digital Marketing and innovation 11th to 15th March $40 $220 $40 3 21* to 30h March ??? $300 $75 No. Participants 1 Workshop in entrepreneurship Max: 100 , Min: 70 period 5 days Event and innovation 5 days 10 days 2 Workshop in Data science Mean: 75 STD: 15 3 Certificate in Digital Marketing Маx: 30 Min: 15 and innovation The center has the following halls Сарacity Rent $700 $1000 $300 Hall A 50 Hall B 100 Hall C 25

Package (course Event Date Instructor Fee Rate material) participant participant per per per participant 1 Workshop in entrepreneurship 1* to 5h March $30 $200 $30 and innovation 2 Workshop in Data science Certificate in Digital Marketing and innovation 11th to 15th March $40 $220 $40 3 21* to 30h March ??? $300 $75 No. Participants 1 Workshop in entrepreneurship Max: 100 , Min: 70 period 5 days Event and innovation 5 days 10 days 2 Workshop in Data science Mean: 75 STD: 15 3 Certificate in Digital Marketing Маx: 30 Min: 15 and innovation The center has the following halls Сарacity Rent $700 $1000 $300 Hall A 50 Hall B 100 Hall C 25

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 2DQ

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