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WorksheetsMini Game
Total questions: 20
Worksheet time: 10mins
What is one potential disadvantage of the Groupon daily deal that is mentioned?
It brings in customers only once
It takes too large of a commission
It does not limit number of customer
It has too high of a discount
What is the average spending per table at Mr. Chang's restaurant?
$30
$50
$60
$100
What discount does Groupon provide on a $60 coupon?
25%
50%
75%
90%
Savored allows restaurants to limit the number of discounted tables
True
False
How much revenue does Mr. Chang get per Groupon table?
$10
$15
$20
$30
Weeknight demand at the restaurant is uniformly distributed.
True
False
If the deal displaces 10 regular customers who would spend $60 each, how much revenue is lost?
$300
$400
$600
$900
If the average demand on weeknights is 60 tables with a standard deviation of 30 tables, what is the probability that demand exceeds 90 tables?
0.1586
0.3413
0.6587
0.8414
If Savored discounts 20 tables on a night, how much revenue does it generate if spending per table is $60?
$180
$300
$600
$900
What is one metric proposed to evaluate daily deals?
Customer satisfaction
Number of new customers
Employee morale
Order processing time
If demand is normally distributed with a mean of 60 and standard deviation of 30, what is the probability that demand is between 30 and 90 tables?
0.6827
0.8187
0.9135
0.9545
What does the case suggest Mr. Chang focus on in his decision?
Maximizing number of customers
Optimizing capacity utilization
Increasing brand awareness
Maximizing total profit
If Savored offers a 30% discount and brings in 50 customers, how much revenue does it generate if average spending is $60 per table?
$1,050
$1,500
$2,100
$3,000
If the Groupon deal attracts 60 new customers by displacing 40 regular customers, what is the net change in customers?
-20
0
20
40
Groupon brings in completely new customers to the restaurant.
True
False
If demand is normally distributed with a mean of 60 and standard deviation of 30, what level of demand has a z-score of -1.5?
30
37.5
52.5
75
Mr. Chang should always choose the daily deal over Savored.
True
False
If Savored discounts increase demand by 50% on a night, from a mean of 60 to 90, how many standard deviations has demand increased?
1
2
3
4
If the probability of demand being between 40 and 80 tables is 68%, what is the standard deviation of demand?
10
15
20
30
If Savored offers a 40% discount on 50 tables and has a contribution margin of 30% on regular demand, how much profit does it generate if spending per table is $60?
$450
$600
$900
$1,200
