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Assignment:
Students are given a table of various items that have buying limits, production costs, and charging
prices for one of each item. Students begin with a $100 budget for production cost and they must buy
at least two different items for their store.
Using the information provided in the table, students will create linear equations that will help them
develop a unique equation for total revenue given the items they want to sell.
Students will then present their model to the class as well as share 3 examples of different customer
purchases and how much the revenue would be for each scenario.
Rubric
Student Name 5%
Restaurant Name & Slogan 5%
Explanation of Business Model 25%
Accuracy of equations that represent findings 25%
Equations for 3 possible scenarios 25%
In Class Discussion Participation 15%
Sabrina Monserate, Carrie Barnes, Luke Sain 2
Starting Your Own Restaurant
1. Hamburger (H) 25 $2 $4
3. Drink (D) 50 $1 $3
Task: In groups of 3-4, you will be starting a restaurant. In order to start your business, you have
decided to sell at least 2 different types of items (or more if you’d like) from the table above, but you
only have a budget of $100.00 to spend on production costs.
Student All members of the group N/A Group members did not
Name wrote their name on the write their names on the
assignment. assignment.
Restaurant The slogan and restaurant The slogan and/or There is no slogan or
Name and name was original. restaurant name was restaurant name.
Slogan unoriginal (i.e. a duplicate of
an existing restaurant or
slogan).
Written The explanation for how The explanation for how There was no explanation
Business many items to purchase to many items to purchase to for how many items were
Model maximize the budget was maximize the budget was purchased to maximize the
well thought-out and clearly disorganized, but the budget.
communicated. conclusion was correct.
Accuracy of The total revenue equation There was a minor There were no equations for
Equations was accurate. miscalculation in the production cost, charging
That equation for production cost cost, or total revenue.
Represent or charging cost that made
Findings the total revenue equation There were major errors in
inaccurate. both the equation for
production cost and
The total revenue equation charging cost that led to the
is missing. total revenue equation to be
incorrect.
Equations Presentation included 2 Presentation included 3 Student did not include any
for Possible different methods of solving possible scenarios, but did equations for possible
Scenarios for total revenue in 3 not solve for total revenue scenarios.
possible scenarios. with 2 different methods.
Equations for possible
scenarios had major errors.