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A franchise operation that sells frozen custard intends to open one or more new stores in a medium - sized metropolitan area. Three sites are
A franchise operation that sells frozen custard
intends to open one or more new stores in a
mediumsized metropolitan area. Three sites
are under consideration. Each site has
somewhat different projected profit
contribution and different supervision
requirements. The first site has an estimated
daily profit of $ and a weekly supervision
requirement of hours; the second site has a
projected profit of $ per day and a weekly
supervision requirement of hours; and the
third site has an estimated daily profit of $
and a weekly supervision requirement of
hours. The firm will have hours available for
per week for supervision.
Use Excel to determine which site or sites
should be selected in order to obtain the
highest projected daily profit?
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