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Perform a sensitivity analysis using a Data Table to show how annual profit changes as the percentage of seats filled varies between 10%-100%. Total seats
Perform a sensitivity analysis using a Data Table to show how annual profit changes as the percentage of seats filled varies between 10%-100%. | |||
Total seats | 24 | ||
Fixed cost | $400,000.00 | ||
Profit per lunch check | $8.00 | ||
Profit per dinner check | $20.00 | ||
Fraction of seats filled | 50% | ||
Lunch seatings | 2 | ||
Dinner seatings | 3 | ||
Days open | 312 | ||
Lunches sold per year | 48 | determine the number of seats using total seats, number of seating, the days open, and the fraction of seats filled | |
Dinners sold per year | 72 | determine the number of seats using total seats, number of seating, the days open, and the fraction of seats filled | |
Pro forma Model (already built) | Amount | ||
annuallunchprofit | $384.00 | =B16*profitperlunchcheck | |
annualdinnerprofit | $1,440.00 | =B17*profitperdinnerccheck | |
fixedcost | $400,000 | =fixedcost | |
total profit | -$398,176 | =B20+B21-B22 | |
Make sure to remember that in a one-way table, the formula is placed in the top of the column | |||
fraction seats filled | 10% | ||
20% | |||
30% | |||
40% | |||
50% | |||
60% | |||
70% | |||
80% | |||
90% | |||
100% |
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