You opened a baby toy shop during the intense COVID-19 movement restriction period. You have been...
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You opened a baby toy shop during the intense COVID-19 movement restriction period. You have been facing several challenges as the business is not growing. Answer the following questions. 1 You have acquired a loan to boost your toy business. You create toy combos for children below five (5) years old. The combo is composed of three (3) different toys. You cannot make any investment from your daily sales after paying the monthly loan repayment. After making some calculations, you determine you will need to make R18 000 a day to save money for investment. The unit cost of a combo is R40, and you are selling 300 combos a day. Use Goal Seek to determine how many combos you must sell to make R18 000 daily. (3 marks) 2 You decide to include the cost of making the combo as you purchase from different suppliers. The packaging costs vary between R25 and R15. Determine how many units you need to sell daily to still get a profit of R18 000 at each varying packaging cost when selling the combo at R55 each. Use the Solver function. (6 marks) You opened a baby toy shop during the intense COVID-19 movement restriction period. You have been facing several challenges as the business is not growing. Answer the following questions. 1 You have acquired a loan to boost your toy business. You create toy combos for children below five (5) years old. The combo is composed of three (3) different toys. You cannot make any investment from your daily sales after paying the monthly loan repayment. After making some calculations, you determine you will need to make R18 000 a day to save money for investment. The unit cost of a combo is R40, and you are selling 300 combos a day. Use Goal Seek to determine how many combos you must sell to make R18 000 daily. (3 marks) 2 You decide to include the cost of making the combo as you purchase from different suppliers. The packaging costs vary between R25 and R15. Determine how many units you need to sell daily to still get a profit of R18 000 at each varying packaging cost when selling the combo at R55 each. Use the Solver function. (6 marks)
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Related Book For
Thomas Calculus Early Transcendentals
ISBN: 9780321884077
13th Edition
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
Posted Date:
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