If Doug Would Like to Determine How Many Hot Dogs

question 38

Multiple Choice

If Doug would like to determine how many hot dogs to sell at a profit margin of $10.00 to raise $250.00 without constraints,which what-if analysis tool should he use?

• A)Scenario Manager
• B)Goal Seek
• C)Solver
• D)Two-variable data table

---

Definitions:

Component Commonality

The strategy of using the same parts or components in multiple products or models to reduce costs and simplify production.

Information System

An organized system for the collection, organization, storage, and communication of information; it typically involves people, technology, and processes.

Information Centralization

The practice of gathering and managing all relevant information within a single, centralized database or system to improve accessibility and decision-making.

Current Inventory

The existing stock of goods held by a business meant for sale or production.