Apply the process control model to the following case:

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Imagine that you own a food truck that sells specialty gourmet sandwiches. You travel to local events throughout your state during the summer. Your goal for the summer is to make enough money to pay your college tuition next semester $($assume a net profit goal of $$3,000$ or $$1,000$ per month for the three summer months of June, July, and August$).$

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To ensure that your business successfully meets its profit goal, answer the following questions:

What are the$$THREE$$MOST IMPORTANT FACTORS that must be controlled to ensure business success? Explain why each one is important.

What STANDARD would you set for each of the three items $($be specific with a measurable standard for each that should support your Goal$)?$

What METHOD of CONTROL would you use $($feedback$,$ feedforward, or concurrent$)$ for each item, and explain how you would use the method for each of the three controlled items?

What would you do if you fell short of your Goal after the first month $($made less than the $$1,000$ profit$)?$ What actions would you take?$$