Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food serving containers, napkins, etc.) of $176 per sandwich Sandwiches sell for $2.65 each in all locations. Rent and equipment costs would be $5,000 per month for location A $5,500 per month for location, and $5,800 per month for location C. a. Determine the volume necessary at each location to realize a monthly profit of $10,000. (Do not round Intermediate calculations Round your answer to the nearest whole number) Location A Monthlyvolume 16250 16875 B 17188 b-1. If expected sales at A B, and Care 21,000 per month, 22,000 per month, and 23,000 per month respectively, calculate the profit of the each locations? (Do not round Intermediate calculations. Round your answer to the nearest whole number. Omit the "S" sign in your response.) Location Monthly Profits 10200 11300 B $ 11850 b-2. Which location would yield the greatest profits
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started