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  # Chipotle Boorito Fundraiser
  
  No description
  by
  
  ## Cal Andersen
  
  on 20 November 2014
  
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  #### Transcript of Chipotle Boorito Fundraiser
  
  Chipotle Boorito Fundraiser
  Chipotle is selling burritos for 3\$ to anyone that comes in wearing a costume after 5pm on Halloween. Their goal is to reach sales of 1 million doll
  Chipotle Boorito Fundraiser
  Question 3
  How much money in burrito sales is Chipotle potentially giving up by running this promotion?
  Question 2
  How many 3\$ burritos must be sold per hour at each location to reach 1 million dollars in sales?
  Problem
  Question:Do you think Chipotle will sell enough 3\$ burritos to customers in costumes to reach 1 million dollars?
  
  What we did: 700 x 0.4 = 280 x 1600 = 448 000
  448 000 x 3 = 1 344 000\$
  
  Our prediction is that we have to subtract about 200 000\$ since the sale opens half way through the day and might still have customers dining before the Boorito event.
  
  1 334 000\$ - 200 000\$ = 1 134 000
  
  Therefor we believe Chipotle will make 1 334 000\$ on the Boorito event.
  
  Each location = 280 3\$ burritos over 5hrs
  280 divided by 5 = 56
  Therefor each location needs to sell 56 burritos
  an hr.
  Does this seem reasonable?
  This is reasonable because they're only selling approximately 1 burrito minute which is busy but do able.
  Question 4
  The money from the Boorito fundraiser going to the
  Chipotles cultivate foundation promoting free range animals
  without chemicals and healthier vegetables from farms.
  448 000 x 8 = 3 584 000
  3 584 000 - 1 344 000 = 2 250 000
  
  That means Chipotle is losing 2 250 000\$
  Full transcript