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PART 1 - PROCESSANALYSIS (40 POINTS). Monica Summer, a student at FIU, found her allowance insufficient to meet her needs and wanted to make some

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PART 1 - PROCESSANALYSIS (40 POINTS). Monica Summer, a student at FIU, found her allowance insufficient to meet her needs and wanted to make some money. Living in a dormitory with 1200 other students, Monica and Michele, her roommate, had already established a dorm-wide reputation for baking fresh warm cookies. Monica conducted some market research and determined that there was sufficient demand in her dormitory to sell as many cookies as she could make at a price of $10.00 per dozen. She would sell the cookies only in quantities of a dozen (12 cookies). although she baked 13 in each batch (a "baker's dozen") to allow for breakage. The cookies just needed to be made to each customer's requirements in terms of ingredients and to be fresh from the oven She decided to make four types of cookies: chocolate chip. oatmeal raisin, and deluxe chocolate chip or deluxe oatmeal raisin. About 40% of customers wanted chocolate chip cookies, 35% wanted oatmeal raisin cookies, and 25% wanted deluxe chocolate chip or oatmer: raisin cookies, which were chocolate chip or oatmeal raisin cookies to which coconut and nuts were added

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