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M9_2. Local county must decide which type of facilities to construct to increase tourism. Four new facilities have been proposed- an equestrian center, an axe throwing center, a bowling alley, and. pickle ball courts. The council wants to construct facilities that will maximize the expected daily usa residents of the community, subject to land and cost limitations. The expected daily usage and cost land requirements for each facility is shown below: Recreation Facility Equestrian center Axe Throwing. Bowling Alley Pickleball Courts Expected Usage (people/day) 40 200 100 125 Cost($) 75,000 20,000 65,000 35,000 Land Requirements (acres)

M9_2. Local county must decide which type of facilities to construct to increase tourism. Four new facilities have been proposed- an equestrian center, an axe throwing center, a bowling alley, and. pickle ball courts. The council wants to construct facilities that will maximize the expected daily usa residents of the community, subject to land and cost limitations. The expected daily usage and cost land requirements for each facility is shown below: Recreation Facility Equestrian center Axe Throwing. Bowling Alley Pickleball Courts Expected Usage (people/day) 40 200 100 125 Cost($) 75,000 20,000 65,000 35,000 Land Requirements (acres)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M9_2. Local county must decide which type of facilities to construct to increase tourism. Four new facilities have been proposed- an equestrian center, an axe throwing center, a bowling alley, and a pickle ball courts. The council wants to construct facilities that will maximize the expected daily usage by residents of the community, subject to land and cost limitations. The expected daily usage and cost and land requirements for each facility is shown below: Recreation Facility Equestrian center Axe Throwing. Bowling Alley Pickleball pourts Expected Usage (people/day) 40 200 100 125 Cost($) 75,000 20,000 65,000 35,000 Land Requirements (acres) 4 2 7 3 The community has a $100,000 construction budget and 10 acres of land. Because the equestrian center and pickle ball courts must be built on the same land parcel, only one of these facilities can be constructed. The county wants to know which of these facilities to construct to maximize the expected daily usage.
Transcribed Image Text:M9_2. Local county must decide which type of facilities to construct to increase tourism. Four new facilities have been proposed- an equestrian center, an axe throwing center, a bowling alley, and a pickle ball courts. The council wants to construct facilities that will maximize the expected daily usage by residents of the community, subject to land and cost limitations. The expected daily usage and cost and land requirements for each facility is shown below: Recreation Facility Equestrian center Axe Throwing. Bowling Alley Pickleball pourts Expected Usage (people/day) 40 200 100 125 Cost($) 75,000 20,000 65,000 35,000 Land Requirements (acres) 4 2 7 3 The community has a $100,000 construction budget and 10 acres of land. Because the equestrian center and pickle ball courts must be built on the same land parcel, only one of these facilities can be constructed. The county wants to know which of these facilities to construct to maximize the expected daily usage.
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