Answered: Coach Bjorn Toulouse led the big red…

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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Coach Bjorn Toulouse led the big red herrings to several disappointing football season. Only better recruiting will return the big red herring to winning form. Because of the current state of the program. Boehring University fans are unlikely to support increases in the 192 season ticket price. Improved recruitment will increase overhead costs to 34,000 per class section from the current 24, 000 per class section. The University budget plan is to cover recruitment costs by increasing the average class size to 85 students. Labor costs will increase to 7200 per 3 credit course. Material cost will be about 35 per student for each 3 credit course. Tuition will be 225 per semester credit. Which is supplemented by state support of 70 per semester credit. The multifactor productivity ratio with the university plan to meet the expenses related to improving recruitment is?

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