Waffle House sells ice-cream cones in a variety of flavours. Financial data for a recent week are shown below.

Waffle’s manager receives a call from a university student club requesting 200 cones to be picked up in three days. The cones can be produced in advance by the store attendant during slack periods and then stored in the freezer. Each cone requires a special plastic cover that costs $0.10.

Required
(a) Discuss the quantitative information relevant to this decision.
(b) Calculate the minimum price per cone for this special order.
(c) Explain why Waffle House’s manager might be willing to sell cones at the minimum selling price you calculated in (b).

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Revenue (2000 cones @ $2.00) Cost of ingredients Rent Store attendant Profit $4000 1200 700 1300 $ 800