Answered: A 20,000-seat college football stadium…

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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Question

A 20,000-seat college football stadium is used 12 times for games, concerts, and graduation ceremonies. Each event averages four hours and assumes the stadium is full for each event. The stadium is available 365 days a year from 10 a.m. to midnight. What is the seat utilization? Can you think of one or two other assets that have such low resource utilization?

Expert Solution

Step 1: Part 1

The seat utilization for the college football stadium can be calculated as follows:

1. Total number of available seats in the stadium: 20,000 seats
2. Number of events: 12 events
3. Duration of each event: 4 hours
4. Total available hours in a year: (365 days - 1 day) * (12 hours/day) = 4,380 hours (from 10 a.m. to midnight, excluding the midnight to 10 a.m. period)

Now, we can calculate the seat utilization:

$text Seat Utilization end text equals fraction numerator text Total seats filled during events end text over denominator text Total available seats end text cross times text Total available hours end text end fraction cross times 100$

$text Seat Utilization end text equals fraction numerator 12 cross times 20 comma 000 over denominator 20 comma 000 cross times 4 comma 380 end fraction cross times 100$

$text Seat Utilization end text almost equal to fraction numerator 240 comma 000 over denominator 87 comma 600 comma 000 end fraction cross times 100$

$text Seat Utilization end text almost equal to 0.274 straight percent sign$