IRP: Week Two Worksheet The Wal-Mart Effect Chapters 3 and 4, pages 51 – 97 1. Who is Jon Fleck and what is “Makin Bacon”? 2. What is it about Jon Fleck’s relationship with Wal-Mart that allows him to be successful? 3. List and briefly describe three of Wal-Mart’s “partners” or supply companies. 4. How would you describe the relationship between the suppliers mentioned in Chapter 3 and Wal-Mart? 5. What are pallets and what did Wal-Mart like about them? 6. What is the main idea of Chapter Three? Please explain in detail. 7. Chapter four starts out with a story about the gallon jar of pickles. What point is the author trying to illustrate with the price of these pickles at Wal-Mart? 8. List three companies that have felt the Wal-Mart “squeeze”. Briefly explain what happened to these companies. 9. What point is the author trying to make in the first part of Chapter four? CH-15/E15-15.JPG CH-15/E15-3.JPG CH-15/E15-7.JPG CH-15/P15-3/P15-03.xls Pr. 15-3Problem 15-3* represents an incorrect N answer =COUNTIF(A14:H27,"~*")Name:0Section:" " represents an unanswered N box - counts as an incorrect. =COUNTIF(A14:H27," ")49Score:0%" " represents a correct blank answer or N answer =COUNTIF(A14:H27," ")0Key Code:2Total SUM(AV13:AV15)Instructions49Answers are entered in the cells with gray backgrounds.Percentage =AD6/AD8Cells with non-gray backgrounds are protected and cannot be edited.0%A red asterisk (*) will appear beside, below or above an incorrect answer.Notes:" " represents an unanswered N box - counts as an incorrect." " represents a correct blank answer or N answer1.Total number of answers = sum of aboveProduct Line ExpansionConditional formatting might be used but wasn't here, to hide some of the error check return symbols. If A1 = "~*", then font = red, if something else, then font = background color.YearPresent Value of $1 at 15% Factor´Net Cash Flows=Present Value of Net Cash Flows1Steps:2Open this sheet and macro sheet3Open old templated, then change color palet to this sheet'sTotalInsert new header - change problem number and reformatAmount to be investedCopy these formulas (column AD) to new sheet.Net present valueUpdate to new edition's names and numbersCopy new error check formulas. For N-boxes=IF(sol.!$C$5="OFF","",IF(AC25=""," ",IF(AC25<>sol.!AC25,"*"," ")))Computer System UpgradeYearPresent Value of $1 at 15% Factor´Net Cash Flows=Present Value of Net Cash Flows1For B-Boxes2=IF(sol.!$C$5="OFF","",IF(AC30<>sol.!AC30,"*"," "))3TotalCopy Score formula from this template to new sheet.Amount to be invested=IF(sol.!$C$5="OFF","","Score:")=IF(sol.!$C$5="OFF","",AD10)Net present value=IF(sol.!$C$5="OFF","","*Since some answer boxes are correct when left blank, the beginning score is greater than 0%.")Internet Bill-PayYearPresent Value of $1 at 15% Factor´Net Cash Flows=Present Value of Net Cash Flows123TotalAmount to be investedNet present value2.Present Value Index=Total Present Value .