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Mario & Luigi own the Super brother canteen. Mario is in-charge of marketing and is developing his sales forecast for next year. Because of his marketing efforts, he predicts a 5 percent increase in his monthly guest counts. Mario is not aware of any anticipated menu price increases and assumes, therefore, that his weighted check average will remain stable.

Mario & Luigi own the Super brother canteen. Mario is in-charge of marketing and is developing his sales forecast for next year. Because of his marketing efforts, he predicts a 5 percent increase in his monthly guest counts. Mario is not aware of any anticipated menu price increases and assumes, therefore, that his weighted check average will remain stable.

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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Mario & Luigi own the Super brother canteen. Mario is in-charge of marketing and is developing his sales forecast for next year. Because of his marketing efforts, he predicts a 5 percent increase in his monthly guest counts. Mario is not aware of any anticipated menu price increases and assumes, therefore, that his weighted check average will remain stable.
Transcribed Image Text:Mario & Luigi own the Super brother canteen. Mario is in-charge of marketing and is developing his sales forecast for next year. Because of his marketing efforts, he predicts a 5 percent increase in his monthly guest counts. Mario is not aware of any anticipated menu price increases and assumes, therefore, that his weighted check average will remain stable.
田 Month Sales Last Year Guest Count Last Year Check Average Guest Count Forecast Weighted Check Projected Sales/ Ave Sales per Guest Forecast January 45,216.00 4,800 9.42 5,040 9.59 48,333.60 February 48,538.00 5,120 9.48 5,376 51,555.84 March 50,009.00 5,006 9.99 5,256 50,405.04 April 4,960 5,140 45,979.00 9.27 5,208 49,944.72 May 49,703.00 9.67 5,397 51,757.23 June 48,813.00 5,300 9.21 5,565 53,368.35 July 55,142.00 5,621 9.81 5,902 56,600.18 August 59,119.00 6,002 9.85 6,302 60,436.18 September 55,257.00 5,780 9.56 6,069 58,201.71 October 50,900.00 5,341 9.53 5,608 53,780.72 November 54,054.00 5,460 9.90 5,733 54,979.47 5,670 67,126 December 50,998.00 5,400 9.44 54,375.30 Total: 613,728.00 (15 & 16) 63,930 9.59 643,738.34
Transcribed Image Text:田 Month Sales Last Year Guest Count Last Year Check Average Guest Count Forecast Weighted Check Projected Sales/ Ave Sales per Guest Forecast January 45,216.00 4,800 9.42 5,040 9.59 48,333.60 February 48,538.00 5,120 9.48 5,376 51,555.84 March 50,009.00 5,006 9.99 5,256 50,405.04 April 4,960 5,140 45,979.00 9.27 5,208 49,944.72 May 49,703.00 9.67 5,397 51,757.23 June 48,813.00 5,300 9.21 5,565 53,368.35 July 55,142.00 5,621 9.81 5,902 56,600.18 August 59,119.00 6,002 9.85 6,302 60,436.18 September 55,257.00 5,780 9.56 6,069 58,201.71 October 50,900.00 5,341 9.53 5,608 53,780.72 November 54,054.00 5,460 9.90 5,733 54,979.47 5,670 67,126 December 50,998.00 5,400 9.44 54,375.30 Total: 613,728.00 (15 & 16) 63,930 9.59 643,738.34
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