Required

Determine the city population required for a single Circle K to earn an annual profit of $40,000.

Customer-Level Planning Circle K operates a number of convenience stores worldwide. Assume that an analysis of operating costs, customer sales, and customer patronage reveals the following Fixed costs per store . . . . . . . . . . . . . . . . . . . . . . . . _ _ _ . . . . .. . . . . . . . . . . . $80,000.00/year 0.80 $15.00 Average sale per customer visit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Average customer visits per week Customers as portion of city population . . . . . . . . . . . . . _ . . . . . . . . . . . . . .. 1.75 0.04