The manager of a fashionable restaurant open Wednesday through Saturday says tha
ID: 461383 • Letter: T
Question
The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 27 percent of its business on Friday night, 31 percent on Saturday night, and 20 percent on Thursday night. What seasonal relatives would describe this situation?(Round your answers to 2 decimal places.)
The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 27 percent of its business on Friday night, 31 percent on Saturday night, and 20 percent on Thursday night. What seasonal relatives would describe this situation?(Round your answers to 2 decimal places.)
Explanation / Answer
Business on Wednesday = 100 – (20 + 27 + 31 + 20) = 22 % business
Number of seasons = 4 seasons
Seasonal relative = (percent of business in a season x 4) x (1/100)
Day (Season)
Percent of Business
Seasonal Relatives
Wed
22%
(22% x 4)/100 = 0.88
Thus
20%
(20% x 4)/100 = 0.80
Fri
27%
(27% x 4)/100 = 1.08
Sat
31%
(31% x 4)/100 = 1.24
Total
100%
4
Day (Season)
Percent of Business
Seasonal Relatives
Wed
22%
(22% x 4)/100 = 0.88
Thus
20%
(20% x 4)/100 = 0.80
Fri
27%
(27% x 4)/100 = 1.08
Sat
31%
(31% x 4)/100 = 1.24
Total
100%
4
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