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8. An acquaintance in marketing has requested your help in pricing the Spider Cider product the launch. They tell you that for every day after the Spider Cider beverage is produced the company incurs a $3,650 fee to keep the unbottled beverage in vats, at 17.00°C, and the postponement of sales in stores. If Witch's Brew wants to make a minimum profit of $50,00 how much will each Spider Cider drink need to cost after choosing the bid with the lowest overall unit cost? (Hint: think of ALL the costs associated with the final beverage.)

8. An acquaintance in marketing has requested your help in pricing the Spider Cider product the launch. They tell you that for every day after the Spider Cider beverage is produced the company incurs a $3,650 fee to keep the unbottled beverage in vats, at 17.00°C, and the postponement of sales in stores. If Witch's Brew wants to make a minimum profit of $50,00 how much will each Spider Cider drink need to cost after choosing the bid with the lowest overall unit cost? (Hint: think of ALL the costs associated with the final beverage.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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8. An acquaintance in marketing has requested your help in pricing the Spider Cider product for the launch. They tell you that for every day after the Spider Cider beverage is produced the company incurs a $3,650 fee to keep the unbottled beverage in vats, at 17.00°C, and the postponement of sales in stores. If Witch's Brew wants to make a minimum profit of $50,000, how much will each Spider Cider drink need to cost after choosing the bid with the lowest overall unit cost? (Hint: think of ALL the costs associated with the final beverage.) References:
Transcribed Image Text:8. An acquaintance in marketing has requested your help in pricing the Spider Cider product for the launch. They tell you that for every day after the Spider Cider beverage is produced the company incurs a $3,650 fee to keep the unbottled beverage in vats, at 17.00°C, and the postponement of sales in stores. If Witch's Brew wants to make a minimum profit of $50,000, how much will each Spider Cider drink need to cost after choosing the bid with the lowest overall unit cost? (Hint: think of ALL the costs associated with the final beverage.) References:
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