4. You find a farmer in Lancaster who will sell you wheat. It takes you 5...
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4. You find a farmer in Lancaster who will sell you wheat. It takes you 5 minutes to grind the wheat into a pound of white flour, and the supplies for that pound of white flour costs you 30.29 per pound. You can make 15 margherita pizzas using 15 pounds of flour, 4 cartons of tomatoes, one basil plant, and 4 pounds of mozzarella. It takes you about an hour of labor to make the 15 simultaneously, and you decide to sell only white flour pizzas. Remember, if everyone makes a profit, you only pay $20 per week to rent the kitchen. If someone does not make a profit, you pay $25 per week Ingredient Tomatoes Basil Mozzarella White Flour x= price Price cost a What price (per pizza) would allow you to break even for the week after 15 pizzas? 158.29 15x 0.29-15+3+4+2+5+4+20 15x=4.35 +12 +2 +20+20 15x= 435454 154 58.33 15x X-3-89 Price (per unit) $3 per carton $2 per plant $5 per pound 30 29 per pound y.cart x-hours. b. In part a, you found the cost for the first hour on the way to finding your answer. Now, find the cost for the next hour. With that information, write an equation for the cost, V, of hours 3.89y: 15x+1 b x-pizza 1 1 4 15 c. If your pizza shop is open from 3pm to 9pm, and you charge e dollars per pizza, what is your profit (revenue-cost) for one day? For a 7 day week? ex 4. You find a farmer in Lancaster who will sell you wheat. It takes you 5 minutes to grind the wheat into a pound of white flour, and the supplies for that pound of white flour costs you 30.29 per pound. You can make 15 margherita pizzas using 15 pounds of flour, 4 cartons of tomatoes, one basil plant, and 4 pounds of mozzarella. It takes you about an hour of labor to make the 15 simultaneously, and you decide to sell only white flour pizzas. Remember, if everyone makes a profit, you only pay $20 per week to rent the kitchen. If someone does not make a profit, you pay $25 per week Ingredient Tomatoes Basil Mozzarella White Flour x= price Price cost a What price (per pizza) would allow you to break even for the week after 15 pizzas? 158.29 15x 0.29-15+3+4+2+5+4+20 15x=4.35 +12 +2 +20+20 15x= 435454 154 58.33 15x X-3-89 Price (per unit) $3 per carton $2 per plant $5 per pound 30 29 per pound y.cart x-hours. b. In part a, you found the cost for the first hour on the way to finding your answer. Now, find the cost for the next hour. With that information, write an equation for the cost, V, of hours 3.89y: 15x+1 b x-pizza 1 1 4 15 c. If your pizza shop is open from 3pm to 9pm, and you charge e dollars per pizza, what is your profit (revenue-cost) for one day? For a 7 day week? ex
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Solution a To find the price per pizza that allows you to break even we need to calculate the total ... View the full answer
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
Posted Date:
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