1 SOLVE C1 WITH EXCEL FUNCTIONS 2 Expected crowd is normally distributed with a mean of 3000 and standard deviation of 400. Avg. Concession expenditure has a Uniform distribution (15,30) 3 Generate 500 trials 4 S Expected Crowd 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Trials MEAN Ticket Price $ REVENUE PERCENTAGE Min Average Concessions Expenditure Spent per $ 3000 10.00 Fixed Cost $ 12,000.00 S.D. 15.00 $ 80% Max 400 people 30.00 Expected Crowd nditure Spent per person REVENUE FROM TICKETS REVENUE from CONCESSION SALES 'OTAL REVENUES BAND PROFIT
1 SOLVE C1 WITH EXCEL FUNCTIONS 2 Expected crowd is normally distributed with a mean of 3000 and standard deviation of 400. Avg. Concession expenditure has a Uniform distribution (15,30) 3 Generate 500 trials 4 S Expected Crowd 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Trials MEAN Ticket Price $ REVENUE PERCENTAGE Min Average Concessions Expenditure Spent per $ 3000 10.00 Fixed Cost $ 12,000.00 S.D. 15.00 $ 80% Max 400 people 30.00 Expected Crowd nditure Spent per person REVENUE FROM TICKETS REVENUE from CONCESSION SALES 'OTAL REVENUES BAND PROFIT
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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