micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $600 per student. The cost for the the conference room, instructor compensation, lab assistants, and promotion is $9600 per student per 2 days. Micromedia rents computers for its seminars at a cost of $120 per computer per day. Develop a model for the total profit if x students enroll in the seminar. Round your answers to the nearest whole number.
Total profit = revenue cost = 600x - (9600+(120*2*x)
=600x - (9600+240x)
Total profit = 360·x + -9,600
micromedia offers computer training seminars on a variety of topics. In the seminars each student works...
Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $600 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $9600 per 2 days. Micromedia rents computers for its seminars at a...
Garner Strategy Institute (GSI) presents executive-level training seminars nationally. Eastern University (EU) has approached GSI to present 40 one-week seminars during 2019. This activity level represents the maximum number of seminars that GSI is capable of presenting annually. GSI staff would present the week-long seminars in various cities throughout the United States and Canada. Terry Garner, GSi's president, is evaluating three financial options for the revenues from Eastern: accept a flat fee for each seminar, receive a percentage of Eastern's...