Question

In: Finance

​Giuseppi's Pizza had orders for ​$490.00 of pizzas. The priceswere ​$17 for a large​ pizza,...

Giuseppi's Pizza had orders for $490.00 of pizzas. The prices were $17 for a large pizza, $13 for a medium pizza, and $7 for a small pizza. The number of large pizzas was two less than three times the number of medium pizzas. The number of small pizzas was two more than three times the number of medium pizzas. How many of each size of pizza were ordered?

The number of medium size pizzas is _____.

The number of large pizzas is ____.

The number of small pizzas is _____.

Please explain step by step and how you got to each step.

Solutions

Expert Solution

Let the number of medium size pizzas be X.

This means that the number of large size pizzas will be 3X - 2

This means that the number of small size pizzas will be 3X + 2

So, the below equation can be derived:

Number of large size pizzas x price per pizza + Number of medium size pizzas x price per pizza + Number of small size pizzas x price per pizza = Total value of pizzas

(3X - 2) x $ 17 + X x $ 13 + (3X + 2) x $ 7 = $ 490

51X - $ 34 + 13X + 21X + $ 14 = $ 490

85X - $ 20 = $ 490

X = 6

So, the number of medium size pizzas are 6

So, the number of large size pizzas are as follows:

= 3 x 6 - 2

= 16

So, the number of small size pizzas are as follows:

= 3 x 6 + 2

= 20


Related Solutions

Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered...
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality. Required: a) For each of the strategic priorities, suggest and explain three performance measures. b) If the company is successful in achieving challenging targets for these performance measures, will it also necessarily achieve high profitability? Explain your answer. (400...
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered...
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality. Required: a) For each of the strategic priorities, suggest three performance measures. b) If the company is successful in achieving challenging targets for these performance measures, will it also necessarily achieve high profitability? Explain your answer
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered...
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality. Required: a) For each of the strategic priorities, suggest three performance measures. b) If the company is successful in achieving challenging targets for these performance measures, will it also necessarily achieve high profitability? Explain your answer. (4 marks, maximum...
Three pizza places share market for pizzas in a small city. Demand for pizzas is given...
Three pizza places share market for pizzas in a small city. Demand for pizzas is given by Q(p)=4200 - 200p where p - price of pizza and Q is total number of pizzas. Marginal cost of production of pizza is $3 for chain A, $4 for chain B and $5 for chain C. Each has a fixed cost of $3000/week. Due to a combination of economic downtown and local lost of population in the city, the chains find themselves with...
Week 9 Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and...
Week 9 Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality. Required: a) For each of the strategic priorities, suggest three performance measures. b) If the company is successful in achieving challenging targets for these performance measures, will it also necessarily achieve high profitability? Explain your answer. (4...
A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14...
A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14 of the cheese pizzas were sold to familiies with young children. 6 of the specialty pizzas were sold to familiies with young children. If a pizza was selected at random, what is the probability it was a cheese pizza sold to a family without young children?
A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14...
A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14 of the cheese pizzas were sold to familiies with young children. 6 of the specialty pizzas were sold to familiies with young children. If a pizza was selected at random, what is the probability it was a specialty pizza or a pizza sold to a family without young children? Select one: a. 20/40 = 1/2 b. 26/40 = 13/20 c. 6/40 = 3/20 d....
A pizza restaurant monitors the size (measured by the diameter) of the 10-inch pizzas that it...
A pizza restaurant monitors the size (measured by the diameter) of the 10-inch pizzas that it prepares. Pizza crusts are made from doughsthat are prepared and prepackaged in boxes of 15 by a supplier. Doughsare thawed and pressed in a pressing machine. The toppings are added, and the pizzas are baked. The wetness of the doughsvaries from box to box, and if the dough is too wet or greasy, it is difficult to press, resulting in a crust that is...
Consider the data set below of the 14” pizzas at Little Italy. There are two pizza...
Consider the data set below of the 14” pizzas at Little Italy. There are two pizza chefs (Anna and Lorenzo, Factor A), two work shifts (day and evening, Factor B), and two dough companies (Sysco and PFG Holdings, Factor C). For each combination, there are four pizzas made (n = 4). The diameter of each pizza is measured.                                                                         Measurements                                                 Pizza                                       Anna                                                   Lorenzo Dough                Shift             1          2        3        4                    1            2        3        4 Sysco                   Day             14.1    ...
suppose that your demand schedule for pizza is as follows: price (dollars) quantity of pizzas demanded...
suppose that your demand schedule for pizza is as follows: price (dollars) quantity of pizzas demanded (income= $20,000) quantity of pizzas demanded (income= $24,000) 8 40 50 10 32 45 12 24 30 14 16 20 16 8 12    Using the midpoint method, your price elasticity of demand as the price of pizzas increase from $14 to $16 is _____ if your income is $20,000 and ______ if your income is $24,000. if the price of a pizza is...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT