Question

You decide that you will only sell two different types of frozen treats in your
ice-cream cart. You use the following criteria to help you make your decision:
• You will purchase 550 frozen treats for your cart.
• You have a budget of $450.
• Your goal is to make a profit of at least $700.
Which two frozen treats will you sell in your ice-cream cart, and how many of
each treat will you purchase? Show that your combination of frozen treats
meets the criteria.

Answer 1

Based on the given scenario above, the purchase decision will be I will chose Ice cream bar fruit and frozen bar fruit.

What is Purchase decision?

This is know to be the thought method or act that helps a consumer to identify a need, gather options, and choosing a given product and brand.

Note that Based on the given scenario above, the purchase decision will be I will chose Ice cream bar fruit and frozen bar fruit.

If I am to purchase 550 frozen treats, I will buy:

Ice cream bar fruit  = 300

Frozen bar fruit = 250

Therefore,  for  Ice cream bar fruit , it will be = amount x cost price

300 x  0.85 = 255

For Frozen bar fruit = 250 x  0.50

= 125

Add up the total cost= 255 + 125

Total amount spent will be= 380

Therefore we can see that the total price spent falls within the budget allocated and so I will choose both  Ice cream bar fruit and frozen bar fruit.

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