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A newspaper report shows about 10% of the meals prepared by Hospital X were wasted despite the hospital's stated goal to significantly reduce its waste. The meals that were reportedly wasted cost the hospital $200,000 to prepare. The hospital prepared a total of 400,000 meals for employees, visitors, and patients during that time. The hospital's total annual budget last year was $10 million.
In the table, select for Food waste as % of total budget the percentage of the hospital's annual budget represented by the wasted meals, and select for Average meal cost ($) the average cost to the hospital of each meal that was wasted, according to the information provided. Make only two selections, one in each column.
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Let's organize the hospital's meal data in a simple flow diagram:
Total Hospital Budget: $10,000,000
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v
Total Meals Prepared: 400,000 meals
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v
Wasted Meals: 10% = 40,000 meals
Cost of Wasted Meals: $200,000
We need to find:
For the first part:
For the second part:
Percentage = \(($200,000 ÷ $10,000,000) × 100%\)
Let's simplify:
✓ Food waste represents 2% of the total budget
First, let's find how many meals were wasted:
Now we can find the average cost:
✓ Each wasted meal costs an average of $5
Based on our calculations:
These answers make logical sense: the hospital wasted 2% of its budget on food waste, with each wasted meal costing $5 on average.