jessica Lasda an educational publisher presently have five accounts and her manager is considering assigning her three more accounts .the new accounts would bring potential volume to her business
Then I have a 6 column table which i am writing in 6 different lines
1 column account number 1 2 3 4 5 6 7 8
2 column EXISTING VOLUME $10,000 30,000 25,000 35,000 15,000 0 0 0
these are the values of 8 different account numbers
3rd column POTENTIAL ADDITIONAL VOLUME 10,000 0 15,000 0 5,000 30,000 25,000 45,000
4th COLUMN PROBABILITY OF GETTING ADDITIONAL VOLUME .40 --- .20 --- .30 .10 .70 .60
5th COLUMN EXPECTED VALUE OF ADDITIONAL VOLUME $4000 ---- 3000 ---- 1500 3000 17500 27000
6TH COLUMN EXISTING VOLUME PLUS EXPECTED VALUE OF ADDITIONAL VOLUME $ 14,000 30,000 28,000 35,000 16,500 3000 17500 27000
A. IF Jessica achived her expected additional volume in all accounts what would be the total volume of all her accounts.
B IF Jessica achived her expected additional volume in all accounts by what percentage would she increase her total volume
A. To find the total volume of all her accounts if Jessica achieved her expected additional volume in all accounts, we need to add up the values in the "EXISTING VOLUME" column and the "EXPECTED VALUE OF ADDITIONAL VOLUME" column.
Total Volume = Sum(EXISTING VOLUME) + Sum(EXPECTED VALUE OF ADDITIONAL VOLUME)
Total Volume = $10,000 + $30,000 + $25,000 + $35,000 + $15,000 + $0 + $0 + $0 + $4,000 + $3,000 + $1,500 + $3,000 + $17,500 + $27,000
Total Volume = $161,000
Therefore, the total volume of all Jessica's accounts would be $161,000 if she achieved her expected additional volume in all accounts.
B. To find the percentage increase in her total volume if Jessica achieved her expected additional volume in all accounts, we need to compare her current total volume (before the additional accounts) with the future total volume (including the expected additional volume).
Percentage Increase = ((Future Total Volume - Current Total Volume) / Current Total Volume) * 100
Current Total Volume = $10,000 + $30,000 + $25,000 + $35,000 + $15,000 + $0 + $0 + $0
Current Total Volume = $115,000
Future Total Volume = $161,000
Percentage Increase = (($161,000 - $115,000) / $115,000) * 100
Percentage Increase ≈ 39.13%
Therefore, if Jessica achieved her expected additional volume in all accounts, she would increase her total volume by approximately 39.13%.
To find the answers to these questions, we need to perform some calculations based on the given information:
A. To determine the total volume of all of Jessica's accounts if she achieved her expected additional volume in all of them, we need to sum up the existing volume and the expected additional volume for each account.
In the 6th column of the table, the values represent the existing volume plus the expected value of the additional volume for each account:
Existing Volume + Expected Value of Additional Volume = Total Volume
Summing up the values in the 6th column will give us the total volume:
$14,000 + $30,000 + $28,000 + $35,000 + $16,500 + $3,000 + $17,500 + $27,000 = Total Volume
Calculating this sum will provide the answer to question A.
B. To determine the percentage by which Jessica would increase her total volume if she achieved her expected additional volume in all accounts, we need to compare the increase in volume to the existing volume.
The formula to calculate the percentage increase is:
((Increase in Volume) / (Existing Volume)) * 100
In this case, we want to calculate the percentage increase in total volume:
Increase in Total Volume = Total Volume - Sum of Existing Volume
((Increase in Total Volume) / (Sum of Existing Volume)) * 100 = Percentage Increase
By plugging in the values and performing the calculations, we will get the answer to question B.
Please input the values from the table, and I will provide you with the answers to both questions.