Upload Assignment: Problem Set 3Please watch this class recording to work on. https://bu-metcollege.zoom.us/rec/play/IKrCtSSgAs-...You have been hired by a vendor who is preparing for an upcoming K-Pop (Korean pop music) concert featuring the singer IU (Lee Ji-eun) in Cincinnati. The concert organizer is allowing vendors to sell IU paraphernalia. You determine that certain one-size-fits-all winter hats featuring IU’s image will be sold. You have four choices for OEM suppliers of the hats. Due to their locations, their lead times differ, along with your costs. Based on past concerts, the product sales forecast is for 3000 hats, but this estimate is uncertain depending on the concert attendance. Each hat will sell for $32. Once the concert ends, products not sold will be bought by a discounter at a heavily reduced price of $2.40 per hat. Sales forecasts will be more accurate as the concert approaches (forecast CV’s are available based on past forecasting performance). Production quality varies according to location, which is expressed as an expected production yield. Production costs are adjusted to account for these yields(and shown below as net product cost). Because the products all require careful handling, there will be an inventory holding cost that will apply as soon as the order is placed. However, the annual holding percentage is unknown at this time. The table below summarizes the important information regarding the locations under consideration.Poduction Yield Salvage Revenue Sales Revenue Demand Forecast Forecast CVLead Time (Weeks) Gross Product Cost Net Product CostVietnam90% $2.40 $32.00 3000 37.5% 40 $12.00 $13.33Japan100%$2.40 $32.00 3000 30.0% 35 $14.00 $14.00Mexico90% $2.40 $32.00 3000 22.5% 25 $14.00 $15.56Ohio95% $2.40 $32.00 3000 12.5% 15 $17.00 $17.89Create a spreadsheet that determines, for each manufacturing location, the expected profits and how many units the vendor should order from each manufacturer. Assume that demand variation is normally distributed. Vary the annual holding cost percentage and show how the expected profits and order quantities for a range of holding rates from 10% to 40%. Show these results in tabular and graphical form. Clearly organize and label the spreadsheet to show inputs and results (i.e., a user may wish to modify inputs later as more information becomes available). The assessment of this work will be based on the accuracy and clarity of your spreadsheet.Attach one Excel file, using a file name Lastname_PS3.

The Scenario:Tony Spacken, Sales Manager, has an Excel workbook listing properties for sale. If a property is sold, Select National Properties Group will finance the property loan for 30 years at 7.5% interest. If the monthly payment of a property is greater than $300,000, the company will give the buyer a 1% discount of the selling price. Lavern Gallen is interested in purchasing the Pleasant Properties Warehouse, one of the company’s properties. She lives at 4231 Center Drive, Tempe, TX 76501.For this project, you will need the following files: New blank Access database New blank PowerPoint presentation Gallen_Letter Sale_PropertiesYou will save your files as: Reifel_Sawyer_Sale_Properties Reifel_Sawyer_SNPG_Properties Reifel_Sawyer_Gallen_Letter Reifel_Sawyer_Sales_PresentationOpen the file Sale_Properties, and then save the workbook as LastnameFirstname_Sale_PropertiesCopy the Properties worksheet to a new worksheet,Rename the worksheet as PaymentsIn the Payments worksheet, convert the data to a table.In column G, insert a calculated column using the PMT function to calculate the monthly payment for each of the properties.In column H, insert a calculated column using the IF function to determine the amount of the if discountproperty qualifies for it.Determine the totals for columns F:H.Apply conditional formatting to cells with a selling price between $40,000,000 and $70,000,000.Copy the Payments worksheet to a new worksheet,Rename the new worksheet as Pleasant PropertiesFilter the table to display only the data for the Pleasant. Insert your name in the footer so that it displays on all worksheets.Create a blank Access database, and then save it as Lastname_Firstname_SNPG_PropertiesImport the data from the Properties worksheet.Create a query that displays all fields, except the ID field, for properties located in Florida and Georgia.Save the query as Lastname_Firstname_FL_GA QueryExport the query result as an RTF fileCreate another query that displays all fields, except the ID field, for all properties with selling prices less than $1,000,000.Save the query as Lastname Firstname Price QueryFor each query, create and format a report.Save each report with the name as the query, substituting the word Report for Query.Create a PowerPoint presentation using a template of your choice; the presentation will be shown to prospective buyers attending a sales conference.Save the presentation as Lastname_Firstname_Sales_PresentationInsert the file name in the footer to display on all pages of the notes and handouts.Modify the slides to help persuade buyers to purchase property from Select National Properties Group:On one slide, inform the audience that the company sells many properties.On the same slide, link the cell from the Excel Payments worksheet that displays the total selling price.On a new slide, insert a SmartArt graphic that lists some of the different types of properties that the company develops and manages.At the end of the presentation, insert a slide that contains the contact information for Mr. Spacken.Insert additional text, pictures, and clip art to enhance the presentation.Format any text or other objects to create a professional appearance.Open the file Gallen_Letter, and then save as Lastname_Firstname_Gallen_LetterInsert the file name in the footer.Format the letterhead for Mr. Tony Spacken.Insert the current date, and then insert Lavern Gallen’s name and address and a proper salutation.Following the first paragraph, copy the SmartArt graphic from your presentation to the letter, changing text wrapping and resizing as necessary.Following the second paragraph, from Excel, on the Pleasant Properties worksheet, link cells F1:G38 (first and second row) to the Word document.Under the third paragraph, insert the RTF file listing the Florida and Georgia properties.Format the document to create a professional appearance.