You are opening a limited$-$time pop$-$up coffee stall in your campuss business building. Your pop$-$up will use the space of an existing sandwich shop that is only open from $11$:$00$ a$.$m$.$ to $2$:$00$ p$.$m$.$ Monday through Friday. Your coffee stall will be open from $3$:$00$ p$.$m$.$ through $9$:$00$ a$.$m$.$ the three weeks leading up to and during midterms and finals weeks. The sandwich shop already has a lot of things you need, like refrigerator space and display counters, but it doesnt have any coffee equipment.Your university approved your pop$-$up for this semester, but those in charge want to see if you are successful before they approve your opening again in future semesters. Match each of the following data points you collected while operating your pop$-$up to an explanation of how you could use it to show your university where your pop$-$up was succcessful or failed$\mathrm{.}1.$Total number of coffees sold $($including all types$)$select an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}2.$Total amount earned $($before depreciation$)$select an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}3.$Cost of all ingredients and supplies purchasedselect an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}4.$Cost of fixed asset purchases $($like espresso machine$)$select an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}5.$Cost of paying baristasselect an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}6.$Average wait time $($length of line$)$select an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}7.$Total number of students who had finals during this timeselect an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit$\mathrm{.}8.$Total number of customersselect an option Can be used to forecast the need for ingredients, paper products $($cups$,$ napkins, etc.$),$ as well as times for the coffee shop to be opened should they be opened at $6$ a$.$m$.,$ or do customers usually come in later in the day? Is there a time of day that more cups are sold $($i$.$e$.$ more customers$)$ and times of the day where there are no sales? This might determine if you just need one barista during certain times of the day, and three at different hours to balance out the demand for their work based on the time of the day that the coffee is sold.Can be used with $3$ and $5$ to determine profits. PROFIT would be $$6,334\mathrm{.}00.$Can be used with $8$ to see what percentage of students were customers. This could also help with marketing materials should you do more student friendly deals to bring more students into the store?Can be used with $7$ to see what percentage of students were customers. Create a loyalty program to track your return customers to see if you are bringing in new business or returned business and how to attract new business while keeping the current clientele happy and coming back.Long waits mean the pop$-$up was popular. Use this information to see if you need to employ more baristas to cut the wait time and potentially increase the flow of customers if they dont see a long line.Using $2,3,4,$ and $5$ to determine recovery on initial investment. Pop$-$up already earned enough to cover equipment purchase it is out of the red after one semester.You need to sell at least $606$ cups of coffee to break even on the ingredient cost. If divided by $30$ days of operation, you would need to sell an average of $21$ cups of coffee a day.You have employed two students who were making $$12$ per hour $($job creation$).$ You can use wages paid to baristas to determine net profit.