A monorail shuttle is being planned between the airport and downtown. Find the break-even fare to charge per passenger. Use i = 1.0 percent per month. cost to construct monorail and place in operation $10,000,000 resale value at EOM 360 = 0 O & M costs = $400,000/month O & M gradient = $40,000/month/month major overhaul every 12 months (last major at EOM 360) = 1,000,000/each major overhaul gradient = $100,000/each/12 months passengers boarded per month 800,000 %3D
A monorail shuttle is being planned between the airport and downtown. Find the break-even fare to charge per passenger. Use i = 1.0 percent per month. cost to construct monorail and place in operation $10,000,000 resale value at EOM 360 = 0 O & M costs = $400,000/month O & M gradient = $40,000/month/month major overhaul every 12 months (last major at EOM 360) = 1,000,000/each major overhaul gradient = $100,000/each/12 months passengers boarded per month 800,000 %3D
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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