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ra1l [238]
2 years ago
6

The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $450 per person per day if exactly 20 people s

ign up for the cruise. However, if more than 20 people (up to the maximum capacity of 90) sign up for the cruise, then each fare is reduced by $4 per day for each additional passenger. Assume at least 20 people sign up for the cruise, and let x denote the number of passengers above 20.
(a) Find a function R giving the revenue per day realized from the charter. R(x) =
(b) What is the revenue per day if 60 people sign up for the cruise?
(c) What is the revenue per day if 79 people sign up for the cruise?
Business
1 answer:
larisa86 [58]2 years ago
7 0

Answer:

The answers are:

A) the revenue function is:

Revenue = X * [450 - 4(X - 20)]            

where X = total amount of passengers

B) The revenue for 60 passengers is $17,400

60 * [450 - 4(60 - 20)]

60 * (450 - 160)

60 * 290 = $17,400

C) The revenue for 79 passengers is $16,906

79 * [450 - 4(79 - 20)]

79 * (450 - 236)

79 * 214 = $16,906

   

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Answer:

B

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8 0
2 years ago
A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
slavikrds [6]

Answer:

Follows are the solution to this question:

Explanation:

In point A:

\text{Accelerating layering  Forecast July= }(\text{Actual demand of June} \times 0.20) + ( \text{Forecast demand of June} \times  (1 - 0.20))

= ( 38 \times 0.2) + ( 43 \times  0.8)\\\\= 7.6+ 34.4\\\\=42

In point B:

\to Forecast \ \  August = (44 \times 0.2) + ( 43.2 \times 0.8)

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In option C:

Its right choice is to track the seasonality of the processing requirements of the control centre.

6 0
3 years ago
If the percentage increase in price is 15 percent and the value of the price elasticity of demand is -3, then quantity demanded?
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Answer:

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4 0
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Coverage is open peril on the Jewelers Block Floater but there is no coverage for ___________ unless added as an optional covera
hram777 [196]

Answer:

The correct answer is C

Explanation:

Coverage is open peril on the Jewelers Block Floater but there is no coverage for Broken or smashed show windows unless added as an optional coverage.

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5 0
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REY [17]

Answer:

$18,287.32

Explanation:

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Data provided in the question

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The formula is shown below:

= NPER(Rate;PMT;PV;-FV;type)

The future value come in negative

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