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 $ per sandwich. Sandwiches sell for $ each in all locations. Rent and equipment costs would be $ per month for location $ per month for location and $ per month for location
a Determine the volume necessary at each location to realize a monthly profit of $Do not round intermediate calculations. Round your answer to the nearest whole number.
tableLocationMonthly VolumeABC
b If expected sales at A B and C are per month, per month, and per month, respectively, calculate the profit of the each locations?
tableLocationMonthly ProfitsABC
b Which location would yield the greatest profits?
Location B
Location A
Location C
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