Football Concessions Incorporated
1972 | Case No. OIT77
Football Concessions had the franchise to sell ice cream, soft drinks, hot dogs, etc., at Stanford University home football games. This was a profitable operation since crowds could be estimated reasonably accurately and the right amount of food purchased. However, Saturday, October 12, 1968 posed a problem for the concessionaire. Advance sales of tickets indicated that, if the weather was nice, a crowd of over 80,000 persons could be expected. On the other hand, it was raining on Friday and the weather prediction called for continued rain. If the rain was heavy, a crowd of perhaps only 20,000 would show up. In this case, students use statistical analysis to determine the quantities that Football Concessions should purchase.
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