Package (course Event Date Instructor Fee Rate material) participant participant per per per participant 1 Workshop in entrepreneurship 1* to 5h March $30 $200 $30 and innovation 2 Workshop in Data science Certificate in Digital Marketing and innovation 11th to 15th March $40 $220 $40 3 21* to 30h March ??? $300 $75 No. Participants 1 Workshop in entrepreneurship Max: 100 , Min: 70 period 5 days Event and innovation 5 days 10 days 2 Workshop in Data science Mean: 75 STD: 15 3 Certificate in Digital Marketing Маx: 30 Min: 15 and innovation The center has the following halls Сарacity Rent $700 $1000 $300 Hall A 50 Hall B 100 Hall C 25
Package (course Event Date Instructor Fee Rate material) participant participant per per per participant 1 Workshop in entrepreneurship 1* to 5h March $30 $200 $30 and innovation 2 Workshop in Data science Certificate in Digital Marketing and innovation 11th to 15th March $40 $220 $40 3 21* to 30h March ??? $300 $75 No. Participants 1 Workshop in entrepreneurship Max: 100 , Min: 70 period 5 days Event and innovation 5 days 10 days 2 Workshop in Data science Mean: 75 STD: 15 3 Certificate in Digital Marketing Маx: 30 Min: 15 and innovation The center has the following halls Сарacity Rent $700 $1000 $300 Hall A 50 Hall B 100 Hall C 25
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...
Related questions
Question
100%
Excel Exercise !!
by using excel and risk analysis answer this question
Transcribed Image Text:Management Consultation Center MCC is a well-established educational and training center in
Kingdom of Bahrain. The center provides different types of workshops and certificates to enhance
knowledge on innovation, and entrepreneurship. The following are the center event schedule for
March 2019
Event
Date
Instructor
Fee
Package
Rate
(course
material)
participant participant per
participant
per
per
1 Workshop in entrepreneurship
and innovation
Workshop in Data science
Certificate in Digital Marketing
1st to 5th March
$30
$200
$30
11th to 15th March
$220
$40
$40
???
2
3
21* to 30h March
$300
$75
and innovation
No. Participants
Max: 100 , Min: 70
period
5 days
Event
1
Workshop in entrepreneurship
and innovation
2 Workshop in Data science
3 Certificate in Digital Marketing
5 days
10 days
Mean: 75 STD: 15
Маx: 30 Min: 15
and innovation
The center has the following halls
Rent
Сарacity
$700
$1000
$300
Hall A
50
Hall B
100
Hall C
25
1- Calculate the instructors rate/per participant for the certificate which is decided by the
average of the number of customers of workshop 1 and workshop 2 when the profit of the
workshop 2 is greater than workshop1 by 800.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.