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A Local Barbecue Joint Makes One Massive Batch of Potato

question 69

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A local barbecue joint makes one massive batch of potato salad each day. If they run out of this savory side before the end of the day, their last few customers are less than satisfied, but if they make too much, they sell it to the local hog farmer for feed. Every serving costs an equivalent of $0.23 to make, but can be sold for $1.50 to customers and for $0.08 to the hog farmer. The average daily demand is for 200 servings with a standard deviation of 20 servings. How many servings should be made each day?


Definitions:

Team Development

A systematic approach for improving team performance and dynamics through stages of forming, storming, norming, and performing.

Forming

The initial stage of team development where members meet and start to form relationships and establish team norms.

Storming

A stage in team development characterized by conflict and competition as team members work through differences in opinions and work styles.

Team Building Activity

Exercises or events designed to enhance social relations and define roles within teams, often involving collaborative tasks.

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