Question: You plan to open an ice cream store, which will open from 11 a.m. to 9 p.m. After market study, you learn that your average

You plan to open an ice cream store, which will open from 11 a.m. to 9 p.m. After market study, you learn that your average daily demand is 400 ice cream. (This means on average you can sell 400 ice cream in a day.) You also learn that on average each customer will purchase 2 ice cream, and each customer on average will spend 30 minutes in the store to finish the ice cream. Using calculation, find the proper store size for your ice cream store. (That means at least what number of customers you store can hold at a time?) Use Excel for calculation and label your final

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Jake, Sacha, and Brianne own a tour company called Adventure Sports. The partners share profit and losses in a 1:3:4 ratio. After lengthy disagreements among the partners and several unprofitable...

please help me :) A new client of yours, Olivia Johnson, wants to open an ice cream shop near the downtown. shopping center. She will sell ice cream cones, cups, shakes, sundaes, and soda. Her grand...

PLEASE COMPLETE ALL STEPS, IM IN DESPATATE HELP :( Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She...

A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell Ice cream cones or in a cup, shakes, sundaes, and soda. Her grand opening will be...

Please read the instructions carefully. A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones or in a cup, shakes,...

A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones or in a cup, shakes, sundaes, and soda. Her grand opening will be...

please make an excel and show how you were able to do it. For sheet 1 after the grading criteria, how do i find COGS, the total wages is wrong, and the rest of the blank cells. For the startup costs,...

On the profitability side, you should specifically address the following points: a) Is the cost structure of the two companies similar or different? Does the cost structure reflect their respective...

A new client of yours, Katie Perez wants to open an ice cream shop near the downtown shopping center. She will selling Frozen POPS, Frozen Ices, Frozen POPS Packs, Soda and Bottled Water. Her grand...

By MARK@ (Ruska, Markevichus, Naniev, Grachev) Emerging russian ice-cream market is good area for different producers as it has great potential 1. Currently Russian ice-cream market is the 4th...

Tina is a tax resident in Country A. She acquired the following assets in 2017: (a) two houses located in Country A. The cost of each house was $10 million. (b) a house located in Country B. The cost...

(a)Your company installs a face recognition system for door access. a) Its FRR is much worse than the vendor's claims. What might be causing this? (b) The system's FRR increases over time. What might...

QUESTION 2 4 that its clothes are made of non - irritant and non - allergenic fabric. Searty Tots's conperinors do sot have access to this bye of floric clothing. The special fabric used in the...

What is an example of constructive feedback? provide reference