Question: Instructions: As a reference for this material, read chapter 1 from the suggested textbook. Using the seven steps of the quantitative analysis approach, model a
Instructions:
As a reference for this material, read chapter from the suggested textbook.
Using the seven steps of the quantitative analysis approach, model a profit maximization problem in a fastfood restaurant. Choose the name and location.
Also, perform the profit optimization analysis with the following data: fixed costs $ price $ and variable cost per unit $ The student will assume that this data comes from the company.
For estimations, you will use Excel tools. Important: Only one document will be allowed as an annex.
A general description of your written assignment is presented below:
Executive Summary paragraph: Mention the data resources, methods utilized, and primary conclusions.
Introduction paragraphs
Motivation and Problem Explanation
Data Resources and Definitions
Used Methods
Body
Literature Review paragraphs:
Discuss research studies.
Facts paragraph
Data Resources
Results paragraphs
Discussions, Explanations, Interpretations, Graphics, and Tables
Conclusions paragraphs
Explain the results in relevance order and their limitations if necessary
Recommendations and Suggestions for further investigations
Bibliography at least one reference
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