We\'re back in our bakery. Our records show that we have two sales per day 30% o
ID: 1948416 • Letter: W
Question
We're back in our bakery. Our records show that we have two sales per day 30% of the time, four sales per day 40% of the time, and six sales per day 30% of the time. Of these sales, 25% are sheet cakes ($100 net profit), 50% are bunny cakes ($150 profit), and 25% are layer cakes ($175 profit). Simulate five days of sales and report your average daily profit.Do your work on scratch paper and transfer your two RN tables and your five daily sales tables NEATLY onto this page, please be clear, putting your calculations for the average at the bottom of the sheet clearly marked.
Explanation / Answer
LET US TAKE A 10 POINT AVERAGE TO REPRESENT A DAY ..THAT IS
LET EACH DAY BE REPRESENTED BY 10 NUMBERS
WITH 0 T0 2 REPRESENTING 2 SALES PER DAY
3 T0 6 REPRESENTING 4 SALES PER DAY
7 T0 9 REPRESENTING 6 SALES PER DAY
TOTAL PROFIT = 100*S.CAKES+150*B.CAKES+175*L.CAKES
DAY 1
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
6
4
1
2
1
575
2
0
2
0.5
1
0.5
287.5
3
2
2
0.5
1
0.5
287.5
4
2
2
0.5
1
0.5
287.5
5
9
6
1.5
3
1.5
862.5
6
1
2
0.5
1
0.5
287.5
7
6
4
1
2
1
575
8
5
4
1
2
1
575
9
3
4
1
2
1
575
10
3
4
1
2
1
575
TOTAL PROFIT=
4887.5
AVERAGE =
488.8
DAY 2
SALE OF …..
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
9
6
1.5
3
1.5
862.5
2
6
4
1
2
1
575
3
2
2
0.5
1
0.5
287.5
4
9
6
1.5
3
1.5
862.5
5
5
4
1
2
1
575
6
4
4
1
2
1
575
7
3
4
1
2
1
575
8
7
6
1.5
3
1.5
862.5
9
7
6
1.5
3
1.5
862.5
10
7
6
1.5
3
1.5
862.5
TOTAL PROFIT=
6900
AVERAGE =
690
DAY 3
SALE OF …..
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
3
4
1
2
1
575
2
3
4
1
2
1
575
3
2
2
0.5
1
0.5
287.5
4
8
6
1.5
3
1.5
862.5
5
9
6
1.5
3
1.5
862.5
6
6
4
1
2
1
575
7
7
6
1.5
3
1.5
862.5
8
0
2
0.5
1
0.5
287.5
9
5
4
1
2
1
575
10
1
2
0.5
1
0.5
287.5
TOTAL PROFIT=
5750
AVERAGE =
575
DAY 4
SALE OF …..
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
4
4
1
2
1
575
2
1
2
0.5
1
0.5
287.5
3
7
6
1.5
3
1.5
862.5
4
8
6
1.5
3
1.5
862.5
5
1
2
0.5
1
0.5
287.5
6
5
4
1
2
1
575
7
5
4
1
2
1
575
8
2
2
0.5
1
0.5
287.5
9
7
6
1.5
3
1.5
862.5
10
1
2
0.5
1
0.5
287.5
TOTAL PROFIT=
5462.5
AVERAGE =
546.3
DAY 5
SALE OF …..
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
5
4
1
2
1
575
2
8
6
1.5
3
1.5
862.5
3
2
2
0.5
1
0.5
287.5
4
9
6
1.5
3
1.5
862.5
5
7
6
1.5
3
1.5
862.5
6
6
4
1
2
1
575
7
4
4
1
2
1
575
8
5
4
1
2
1
575
9
4
4
1
2
1
575
10
6
4
1
2
1
575
TOTAL PROFIT=
6325
AVERAGE =
632.5
RANDOM
DAILY
SHEET
BUNNY
LAYER
TOTAL
S.NO.
NUMBER
SALES
CAKES
CAKLES
CAKES
PROFIT
1
6
4
1
2
1
575
2
0
2
0.5
1
0.5
287.5
3
2
2
0.5
1
0.5
287.5
4
2
2
0.5
1
0.5
287.5
5
9
6
1.5
3
1.5
862.5
6
1
2
0.5
1
0.5
287.5
7
6
4
1
2
1
575
8
5
4
1
2
1
575
9
3
4
1
2
1
575
10
3
4
1
2
1
575
TOTAL PROFIT=
4887.5
AVERAGE =
488.8
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