salads, subs The menu at Lara's Salads and Subs consists of only four items. These are...
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salads, subs The menu at Lara's Salads and Subs consists of only four items. These are revenues of creating a value meal by bundling a salad, sub, chips, and drink, and p past three months are presented as follows. Lara is considering the potential impact om drinks, and chips. Lara's menu and the historical sales data she has collected over the pric 1,000 ing the four item package at $ 9.99. Currently, her menu mix (based on a guest sample) and selling prices are as shown: Lara's Menu Mix # Sold per 1,000 Guests Selling Price Menu Item 660 $3.49 Salad 812 $6.99 Sub 420 $99 Chips $.99 940 Drinks A. Based on the historical data, for each 1,000 guests served, what would Lara's reve be from: Salad sales? Sub sales? B. What is Lara's historical check average? Chip sales? Drink sales? Assume that the $9.99 packaged meal Lara proposes is put into place and All product sales? that in the coming days, 1,000 new customers are served. Assuming no other changes to menu mix; c What would the operation s total revenue be if 25 percent of the guests select the value meal? n What would the operation's total revenue be if 50 percent of the guests select the value meal? - lf vou were Lara, how would you evaluate the wisdom of implementing the new meal package? salads, subs The menu at Lara's Salads and Subs consists of only four items. These are revenues of creating a value meal by bundling a salad, sub, chips, and drink, and p past three months are presented as follows. Lara is considering the potential impact om drinks, and chips. Lara's menu and the historical sales data she has collected over the pric 1,000 ing the four item package at $ 9.99. Currently, her menu mix (based on a guest sample) and selling prices are as shown: Lara's Menu Mix # Sold per 1,000 Guests Selling Price Menu Item 660 $3.49 Salad 812 $6.99 Sub 420 $99 Chips $.99 940 Drinks A. Based on the historical data, for each 1,000 guests served, what would Lara's reve be from: Salad sales? Sub sales? B. What is Lara's historical check average? Chip sales? Drink sales? Assume that the $9.99 packaged meal Lara proposes is put into place and All product sales? that in the coming days, 1,000 new customers are served. Assuming no other changes to menu mix; c What would the operation s total revenue be if 25 percent of the guests select the value meal? n What would the operation's total revenue be if 50 percent of the guests select the value meal? - lf vou were Lara, how would you evaluate the wisdom of implementing the new meal package?
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Related Book For
Discrete and Combinatorial Mathematics An Applied Introduction
ISBN: 978-0201726343
5th edition
Authors: Ralph P. Grimaldi
Posted Date:
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