Wednesday, May 29, 2019
Minimum Profit Possible Made on Drinks in Different Climates :: Profit Consumerism Sales Essays
Minimum Profit Possible Made on Drinks in Different ClimatesCreate the stripped-down pull in possible using the predicted amount of how many acid and frigidness drink would be sold in different weather climates and the harm limits for the two drinks as provided in the ICT booklet.Evaluation Task 5=================Holly Grove High School Price Pledge Model------------------------------------------For this task, I needed to (as stated in the ICT booklet) fabricate theminimum cabbage possible using the predicted amount of how many hot andcold drink would be sold in different weather climates and the pricelimits for the two drinks as provided in the ICT booklet. I used theformulas that I knew to calculate totals on the Microsoft Excelspreadsheet and thus to create the minimum profit. I had to ensurethat my minimum profit did not go lower than 0 for this would meanthat I would not be able to pay for costs such as design printingand public address system etc. Now, I am going to eva luate my workgoing through what was incorrect with each get downI also did not read the instructions properly and failed to respond tothe fact that the hot drinks should either be 0.55 or 0.60,therefore the total profit result is completely and I needed to revisethe model completely. I choose the cold drink prices because when itwas a cold weather climate the cold drink profit was going to be smallas people prefer hot drinks in this weather climate, whereas on a hotday, the hot drink profit is going to small, as people prefer colddrinks in this weather climate. Using the correct instructions, my kale decreased rapidly. 40% ofthe profits were the final profits, which I would use for my finalmodel, however the total profit for the hot weather climate was veryhigh compared to the other profits, which were all under 4.00. Theprofits for the warm climate and the mild climate were both below1.50, however I checked that they could not go any lower bydecreasing t he cold drink price by 0.01 to 0.53 and 0.54, howeverthe profits went into the minus numbers. For my third attempt, I decreased the profit for the hot weather
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