Exercise Data for SL351, Managerial Economics (RHIT, K. Christ)							
Mrs. Smyth's Pies							
Source:  Fictional Case from Hirschey, 12th ed., chapter 5							
							
Market	Time	Sales	Price	Ads	Cprice	Income	Pop
1	1	193,334	6.39	 15,827 	6.92	 33,337 	 4,116,250 
1	2	170,041	7.21	 20,819 	4.84	 33,390 	 4,140,338 
1	3	247,709	5.75	 14,062 	5.28	 33,599 	 4,218,965 
1	4	183,259	6.75	 16,973 	6.17	 33,797 	 4,226,070 
1	5	282,118	6.36	 18,815 	6.36	 33,879 	 4,278,912 
1	6	203,396	5.98	 14,176 	4.88	 34,186 	 4,359,442 
1	7	167,447	6.64	 17,030 	5.22	 35,691 	 4,363,494 
1	8	361,677	5.30	 14,456 	5.8	 35,950 	 4,380,084 
2	1	401,805	6.08	 27,183 	4.99	 34,983 	 9,184,926 
2	2	412,312	6.13	 27,572 	6.13	 35,804 	 9,237,683 
2	3	321,972	7.24	 34,367 	5.82	 35,898 	 9,254,182 
2	4	445,236	6.08	 26,895 	6.05	 36,113 	 9,272,758 
2	5	479,713	6.40	 30,539 	5.37	 36,252 	 9,300,401 
2	6	459,379	6.00	 26,679 	4.86	 36,449 	 9,322,168 
2	7	444,040	5.96	 26,607 	5.29	 37,327 	 9,323,331 
2	8	376,046	7.21	 32,760 	4.89	 37,841 	 9,348,725 
3	1	255,203	6.55	 19,880 	6.97	 34,870 	 5,294,645 
3	2	270,881	6.11	 19,151 	6.25	 35,464 	 5,335,816 
3	3	330,271	5.62	 15,743 	6.03	 35,972 	 5,386,134 
3	4	313,485	6.06	 17,512 	5.08	 36,843 	 5,409,350 
3	5	311,500	5.83	 16,984 	5.29	 37,573 	 5,409,358 
3	6	370,780	5.38	 15,698 	6.19	 37,781 	 5,425,011 
3	7	152,338	7.41	 22,057 	6.94	 37,854 	 5,429,300 
3	8	320,804	6.19	 17,460 	6.38	 39,231 	 5,442,595 
4	1	738,760	5.75	 42,925 	5.54	 28,579 	 16,381,600 
4	2	707,015	6.61	 50,299 	6.73	 28,593 	 16,544,289 
4	3	699,051	5.03	 37,364 	5.04	 28,633 	 16,547,258 
4	4	628,838	6.76	 50,602 	4.61	 28,833 	 16,553,958 
4	5	631,934	7.04	 53,562 	5.85	 29,242 	 16,587,432 
4	6	651,162	6.70	 48,911 	5.63	 29,876 	 16,680,782 
4	7	765,124	6.54	 49,422 	6.94	 30,327 	 16,716,936 
4	8	741,364	5.73	 44,061 	6.37	 30,411 	 16,717,938 
5	1	291,773	5.35	 13,896 	5.78	 29,778 	 2,972,443 
5	2	153,018	6.33	 27,429 	4.73	 30,079 	 2,974,275 
5	3	574,486	5.94	 31,631 	6.7	 30,598 	 2,989,720 
5	4	75,396	7.00	 39,176 	4.58	 30,718 	 3,020,244 
5	5	590,190	5.19	 33,538 	5.17	 30,922 	 3,021,618 
5	6	288,112	7.02	 53,643 	5.15	 31,199 	 3,025,298 
5	7	276,619	7.02	 60,284 	5.46	 31,354 	 3,042,834 
5	8	522,446	5.23	 53,595 	6.06	 31,422 	 3,063,011 
6	1	395,314	5.80	 22,626 	6.56	 38,892 	 7,611,304 
6	2	436,103	5.32	 22,697 	6.38	 39,080 	 7,615,783 
6	3	336,338	6.35	 25,475 	4.53	 39,510 	 7,666,220 
6	4	451,321	5.95	 25,734 	6.31	 39,552 	 7,710,368 
6	5	352,181	6.01	 23,777 	6.24	 39,776 	 7,713,007 
6	6	317,322	7.02	 27,544 	4.86	 41,068 	 7,752,393 
6	7	422,455	5.71	 23,852 	4.86	 41,471 	 7,754,204 
6	8	290,963	7.36	 30,487 	5.32	 41,989 	 7,782,654