1 Alice is a final year student in Bath Spa University. She would like to set up a milk shake bar on campus. She has had some experience working in a pub and is confident with her skills of making drinks. But Alice hasn't had any experience in setting up a business. She is taking some advice from you who are studying the degree in Business and Management. a. Alice needs to fix a menu. She wants to know the most popular blends of milk shakes among the students. Explain to Alice the best data source to get this information and list three methods that she can use to collect the information. (4 marks) b. Alice collected the below data using one of the suggested methods. She reproduced the raw data into the below table. Create a chart to show the number of votes for each milk shake. (2 marks) What's the most popular milk shake? And how much is the relative frequency of this most liked milk shake? (2 marks) Blends of Milk Shakes No. of votes Plain vanilla 33 Strawberry 22 Diary cream 5 Mint and chocolate 26 Banana 14 Mint and vanilla 27 Oreo vanilla 57 Smarties 40 Raspberry 9 (4 marks) c. After the initial market research, Alice decided to offer 2 milk shakes on her menu. They are strawberry and Oreo vanilla blends in medium-sized cup. Alice will rent the university onsite bar and make the milk shakes herself. One medium-sized strawberry milk shake requires 200g (0.2kg) of vanilla ice cream and 20ml (0.02L) of strawberry syrup. One medium-sized Oreo vanilla milk shake requires 150g (0.15kg) of vanilla ice cream and 30g (0.03kg) of Oreo biscuits. One portion of strawberry milk shake also consumes 45g (0.045kg) of ice cubes while one 2 portion of Oreo vanilla milk shake uses 60 (0.06kg) of ice cubes. It costs Alice 2 minutes and 30 seconds to make 1 portion of strawberry milk shake and 3 minutes to make Oreo vanilla milk shake. Alice wants to make at least 70 portions of Oreo vanilla milk shake and at least 30 portions of strawberry milk shake every week, respectively. Every strawberry milk shake makes 2.1 gross profit and Oreo vanilla milk shake makes 2.9 gross profit. Every week, Alice plans to open for business for 15 hours. She wants to order the minimum amount of raw materials from the wholesaler at the beginning of the business. The wholesaler requires the weekly minimum order Unit: Kg and L Vanilla ice cream Strawberry syrup Oreo Ice cubes 50kg 5L 6kg 16.5kg Alice is able to sell as much as she can produce every week according to the initial market research. Based on the information above, please help Alice to find the optimal production strategy (i.e. the maximum gross profit Alice could achieve every week.) d. Based on your answer above, what are the surplus raw materials every week and how much are the leftovers? Can you give some advice to utilise the leftovers