Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Three part question bizmo Donuts operates every Saturday morning and sell donuts by the dozen. They have 15 Gizmo Gold customers, those that are on

Three part question

image text in transcribed
bizmo Donuts operates every Saturday morning and sell donuts by the dozen. They have 15 \"Gizmo Gold\" customers, those that are on auto debit and receive 10% off the price of their dozen every week. Gizmo also sells it to whomever comes by before 11: 00 a. m They have kept track of his demand (including requeSts made after they had sold out) for the past 50 weeks, and observed the pattern shown below. Number of occurrences Dozen Donuts .- - .- - .- .- .- -_ _- - .3:- The donuts cost $3.25 to make and box and Gizmo sells them for $10. Assume they make 25 dozen each Saturday. Health regulations state he must discard any donuts and the boxes that are left unsold. A- Simulate sales for a year and determine their earnings. 8- -Analyze the data and determine if there is a best quantity they could produce. C- What other considerations should the operators of Gizmo Donuts consider

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management In The Hospitality Industry

Authors: Mike Olsen, Michael D Olsen

2nd Edition

0471292397, 9780471292395

More Books

Students also viewed these General Management questions

Question

Question 1 (a2) What is the reaction force Dx in [N]?

Answered: 1 week ago

Question

8. What are the costs of collecting the information?

Answered: 1 week ago