Originally Posted by Paace:
“So I take it the Savoy manger did not give the teams any idea of this list price?
Watching the end of it again the 4 items they did not get were relatively cheap items, ice,cloche,bulbs and physallis.
Its not really a very fair task when you can miss 4 items and nearly win.”
No, not really. The Savoy would have prices of what they would expect to pay for each item; it is likely that this would be lower than market price as it would be in bulk.
Believe it or not it would actually be a better strategy to ensure that you get all your cheap items and skip/forget getting the more expensive ones; as the more expensive an item the higher the propensity is to overpay for said item.
As long as the amount you pay for an item does is not over £50 more than what the Savoy pay then you are doing well. If, however, you pay in excess of the Savoys price + £50 then it would have been better to incur the fine.
Example;
X amount of light bulbs are listed as costing £20. The team pay twice this... As this does not exceed the listed price + £50 (aka; £70) the team has actually done well in not incurring the fine. This is how it should be...
However, if I purchase tea (as an example) for £410 and the listed price by the Savoy is around £250. We can see that incurring the fine would be better than making the purchase; the fine would stand at £300 instead of the ludicrous purchasing figure of £410. This is where the system arguably falls down; the counter argument is that the team
should effectively be penalised for not spotting the insanely high prices.