MEDAL To maximize profit, when should the store be opened (what hours) and when should it be closed? Grocery sales 6-7am $40 7-8 80 8-9 120 9-12 400 12-3pm 600 3-4 200 4-5 60 5-6 120 12-1 40 The cost of groceries sold averages 70% of sales. It costs $22/hr to keep the store open.
I tried multiplying the $40 by .7 but that is within making a profit...so it should just keep the same hours?
yum yum!!!
Sorry, not sure abt this question! : (
@satellite73 @Directrix @Loser66 @radar
Can't help. Sorry. I don't understand the question. hihihihi :(
I will attempt to help you. So what exactly do you want to know
What hours it is more profitable to keep the store open? So $22 is a negative value; and the sales for each time period are positive values.
You need to find 70% of 22
To do that you need to multiply
Why? I don't see the connection
You have to use the numbers to create a proportion of your own and make your own connection
No i'm not guess I have a little experience with these problems. I have got them wrong before so now I know how to do them because I have gotten help
I've done up to Calculus II. I know how to do simple multiplication. .7*22 = 15.4
I just don't get why we're doing that
I think 15.4 would be your answer but you might want to double check
Did that help a little
What?! A simple number is not the answer! What HOURS it is more profitable to keep the store open?
Never mind, I will repost the question. This is not whatever kind of question you're thinking it is. Thanks, but no thanks
Ok sorry I was no help
Join our real-time social learning platform and learn together with your friends!