Discussion 4 The County Fair is hoping to pull in buckets of money through this year's festivities.

Discussion 4

The County Fair is hoping to pull in buckets of money through this year's festivities. This will help the local community tremendously and keep the fair alive. Determine how much you will charge for the various events at the fair based on revenue collected in previous fairs. But what do you need to know how to do in order to work with money? You need to know decimals!

The County Fair has usually been held in mid July each year. I wonder if this is the best time? Your committee will need to analyze all the data to determine when to have the fair and how much to charge. For the county fair to at least break even your committee will need to determine the price of the various events. While the space for the fair was donated, you still have to pay for set up and take down, clean up each day, security, parking attendants, and other services. The vendors who will sell food will set the prices for individual items but you need to determine how much you will charge each vendor for the amount of space you are allowing them.

Discuss how you will go about solving this problem. Outline a plan for the committee. Discuss what resources or other information you need to help you solve the problem.