The Quack & Crunch
One day, in the city of Numeropolis, Albert
Numberquack and Amelia Chickenstein opened
their new restaurant, "The Quack & Crunch Cowculators and Mathemachickens Delight,"
with the support of a famous investor, Penny
Goldcounter.
With "The Geometric Griddle" in business, "The Quack &
Crunch" began slowly losing customers, and their
revenue plummeted. Due to the severity of the issue, the
owners hired Riley Rate, a financial advisor, with their
personal money. Over a month of working, Riley Rate
created a function to model the projected revenue of
the restaurant until a year from its opening date.
Together, they realize that by the 12th month of
business, their net revenue would be at $0, and all
money will be lost!
The restaurant was a huge success within the first 4
months! It was the go-to spot for all the cowculators
and mathemachicken citizens in Numeropolis. Seeing
their growth, Mrs. Goldcounter trusted the owners to
make $30,000 in revenue by the end of the first year
of business. This was easy as after four months, they
already reached past $30,000 in revenue.
In the 6th month of business, Ms. Rate found the IROC of
revenue, which showed that they are losing money at a
rate of $2800 per month at that time. After finding this
out, the owners closed the restaurant immediately to
prevent losses from escalating. They realize a change
must be done to their restaurant's plan. They kept the
restaurant closed for a month and created groundbreaking renovations. Throughout the month, they
constructed a Fibonacci garden, a kids zone, and plenty
of other attractions.
Mr. Numberquack and Ms. Chickenstein were confident
in their growth, until another restaurant, "The
Geometric Griddle" opened right next to "The Quack
and Crunch." When Mrs. Goldcounter found out about
their new competitor, she warned the owners that she
will back out of her contract by the end of the first year
of business if they do not maintain their revenue goal.
During the renovations, Ms. Rate created a new function to
model the projected revenue of the restaurant with the
new changes. Prior to reopening the restaurant, the owners
verified that the change would have a positive impact on
their revenue, so they calculated the AROC to determine
the average revenue per month for the next 5 months of
business, leading up to the end of Penny Goldcounter’s
contract. They found that they'd be making $680 per
month, which would result in having a total revenue of
$32,800 by the end of the first year of business.
The Quack & Crunch
When the owners realized they
will successfully surpass their
revenue goal of $30,000, they
reopened the restaurant for the
Cowculator and
Mathemachicken citizens once
again. As predicted they began
gaining a lot more attraction,
mostly growing from word-ofmouth. Every day, more and
more citizens came to the
restaurant, bringing them their
projected revenue.
By the end of the year, "The
Geometric Griddle" was unable
to compete, and completely shut
down due to the "Quack &
Crunches" increasing popularity.
Mrs. Goldcounter was very
pleased and continued investing
and funding the restaurant's
growth. Albert Numberquack
and Amelia Chieckenstein lived
happily ever after, managing
their successful restaurant with
the help of AROC and IROC.