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The Food Court

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by

Alena Verhalen

on 31 October 2013

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Transcript of The Food Court

The Food Court
Wildcat's Den
Why:
students learn how to run restaurant
profits go back to school-to-work program
makes some money still
($14.40 daily profit at 37 demanded at $2.00)
Wildcat Den group is Happy


Taco Villa
Why:
Profit ($135.00 daily at 150 demanded at $1.50)
Pretty Cheap
Quick
Popular (high demand once prices drop to $4 or lower)
Why:
Vegetarians are satisfied
Healthy Option (PTA is Happy)
Environmentally Friendly
Profit ($4.50 daily at 15 demanded at $3.00)

Hunan Wok
Why:
Makes the most money: ($2.45 daily at 250 demanded at $1.50)
Very popular/high demand
Low prices
Vegetarians don't like it
gave them Veggie Vittles
Pizza Place
Why:
Profit ($142.50 daily at 250 demanded at $0.50)
big serving, cheap price
low-income students can afford entree at $0.50
would actually be cheaper than home-ec kitchen and make more profit at the same time
Conclusion
Problem Statement
How can we, as Oak Grove City High school student council, choose restaurants so that we satisfy as much of the student body and constituency groups as possible and still make a profit?
Veggie Vittles
20% of Daily
Yearly
After 4 Years
$27.00
$4,860
$19,440
Taco Villa
20% of Daily
Yearly
After 4 Years
$2.88
$518.40
Wildcat's Den
$2,073.60
20% of Daily Profit
Yearly
After 4 Years
$0.90
$162.00
Veggie Vittles
$648.00
20% of Daily Profit
Yearly
After 4 Years
$49
$8,820
Hunan Wok
$35,280
20% of Daily Profit
Yearly
After 4 Years
$28.50
$5,130
Pizza Palace
$20,520
Total Profit After 4 years:
$77,961.60
Opportunity Cost:
Sally's
Another
Healthy
Option
Satisfies
Vegetarians and Vegans
More
More
Profit
Opportunity Cost: Bennie's
Lose Profit
From Bennie's
Student-run
helps prepare students for real-world experience
satisfy 25% of
student body
Opportunity cost: Home-Ec Kitchen
Home-Ec kitchen would feed low income students
Pizza Place
fulfills
low-income
needs
high demand leads to
high profit
Opportunity Cost: Roastery
Roastery is more appetizing
doesn't satisfy Galloping Gourmet
Roastery makes negative profit, Hunan Wok makes profit
Opportunity Cost: Borsch Palace
Borsch
is tasty
Can satisfy
low-income
students
Makes
Second-Most
Profit
Satisfy most constituency groups
Full transcript