Dear Math Students: I recently bought a restaurant in Chicago.  It is pretty small, but well-located.  We are open...

70.2K

Verified Solution

Question

Statistics

Dear Math Students:

I recently bought a restaurant in Chicago.  It ispretty small, but well-located.  We are open every day,but Mondays, from 4 PM until 11 PM.  Our menu isbasically Italian.  We offer individual pizzas, pastas,salads, and a special of the day. We also have really gooddesserts. We offer cookies, ice cream and superbcakes.  Last month we had 800 customers.  Oursalads are considered a whole meal, so people don’t usually orderanother entrée with them.  Last month, we sold 400pizzas, 200 pasta dishes, 130 salads, and 70 specials of the day.Not everyone orders a dessert, but last month we sold 200 cookies,100 ice creams, and 250 cakes.  Next week we areexpecting 250 to 300 customers.  I need to know how manyof each of the entrees and how many of each of the desserts I canexpect to sell.

I would also like to know how much money I can expect tomake.  Perhaps you could also let me know how much theaverage customer spends. Let me tell you the prices.  Thepizzas are $7.95.  The pastas are sold for$8.95.  The salads are $6.95.  The special ofthe day is $9.95.  As for the desserts, the cookies are$1.00, the ice cream is $1.50, and the cakes are $3.00

Thanks a lot for your help, I am not very good at math, butperhaps you could try to explain your answers in such a way that Icould estimate them for myself next time.

Yours sincerely,

Chris Smith

Pizza Plus

`~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Put the results of your calculations here and the explanation ofyour calculations o the back of this sheet.

Estimates for 250 customers

Entree

How many

Expected revenue

Pizza

Pasta

Salad

Special

Dessert

Cookie

Ice Cream

Cake

TOTAL

$

Average customer spends: $________________

Estimates for 300 customers

Entree

How many

Expected revenue

Pizza

Pasta

Salad

Special

Dessert

Cookie

Ice Cream

Cake

TOTAL

$

Average customer spends: $________________

Explanation of Calculations:

Answer & Explanation Solved by verified expert
4.2 Ratings (679 Votes)
The whole data Entree For 800 Customers Per customer Demand Demand for 250 Customers Demand for 300 Customers Rates Expected revenue for 250 Customer Expected return for 300 Customer Pizza 400 05 125 150 795 99375 11925    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students