Finishing Strong- 3rd 10-Day Period

The following is the data from the 3rd 10-day period. An analysis of the data follows this as well:

21 51 rain 48 300  $       9.54 18
22 78 cloudy 340 0  $           – 74
23 97 hazy 279 100  $       2.76 64
24 65 cloudy 279 0  $           – 21
25 54 clear/sunny 246 0  $           – 39
26 79 cloudy 190 0  $           – 13
27 53 rain 129 0  $           – 39
28 79 cloudy 118 0  $           – 35
29 59 hazy 64 0  $           – 13
30 73 hazy 23 50  $       1.53 72
60  $           4.64 44 0  $            – 0 350
10  $           0.78 37 0  $            – 0 450
0  $               – 2 96  $        6.68 0 500
30  $           2.41 42 20  $        1.56 0 500
0  $               – 41 0  $            – 0 350
75  $           4.15 6 48  $        3.27 0 450
0  $               – 19 48  $        3.43 0 350
0  $               – 60 0  $            – 0 450
75  $           4.16 25 48  $        3.48 0 350
0  $               – 45 0  $            – 0 350
 $    2.97  $     17.15  $      0.23 4 7 5 8
 $    4.03  $       4.81  $      0.26 4 7 5 61
 $    3.54  $     12.98  $      0.27 4 7 5 100
 $    3.87  $       7.84  $      0.23 4 7 5 33
 $    3.01  $       3.01  $      0.22 4 7 5 56
 $    6.20  $     13.62  $      0.25 4 7 5 61
 $    2.94  $       6.37  $      0.23 4 7 5 11
 $    3.72  $       3.72  $      0.26 4 7 5 54
 $    2.88  $     10.52  $      0.24 4 7 5 41
 $    3.06  $       4.59  $      0.30 4 7 5 50
 $   33.32 ice 105 72% 76%  $      53.32 profit
 $   44.66 ice 110 72% 82%  $      64.66 profit
 $   58.68 ice/ 11 lem 120 75% 92%  $      78.68 profit
 $   58.41 ice 94 74% 95%  $      78.41 profit
 $   67.72 ice/6 lem 93 76% 100%  $      87.72 profit
 $   71.59 ice/ 29 lem 110 76% 100%  $      91.59 profit
 $   67.76 ice 97 76% 100%  $      87.76 profit
 $   78.08 ice/2 lem 109 76% 100%  $      98.08 profit
 $   77.40 ice 93 75% 100%  $      97.40 profit
 $   90.81 ice 97 73% 100%  $    110.81 profit

Analysis

 

I used a variety of prices depending on the forecast and the weather, and it included a range from twenty-two cents up to thirty cents for a cup of lemonade. I had no losses as my business had been succeeding immensely and had been experiencing rapid and consistent growth during this period of time. My business’s popularity among my customers rose from seventy-six to one-hundred percent among the last 10 days of the first month of sales. The temperature was an overall average of 68.8 degrees during the last 10 days of sales in this month. My customer satisfaction rating over that ten-day span was an average of 74.5 percent.

Spoilage

I had to replenish the cups only three times during that 10-day span. I was forced to replenish the ice every day due to melting following the business day if I hadn’t run out by then. On the third day, eleven lemons spoiled and had to be discarded. On the fifth day, six lemons had to be discarded. On the sixth day, twenty-nine lemons spoiled and had to be thrown out. On the eighth day, two lemons spoiled and we had to discard them in the trash.

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