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Unformatted text preview: Spending = = per guest 25,000 x 95.00% Spending = $0.55 per guest $13,100 Total cost per year People per year Las Vegas Tours is planning to add another tour for their guests. They will need to decide how much they should set the per guest price of a tour stay to account for the investment. The initial cost for this tour project is going to be $45,000, as well as annual O&M costs of $5000. In addition to this, there will also be upgrade costs every 12 years of $ 3000. Their capacity is 25,000 guests a year and they generally work at a rate of 95% of their capacity. = E355-Spring08-Test1-Sol Page 1 of 1 3/3/2008...
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This note was uploaded on 04/07/2008 for the course E 355 taught by Professor Merino/abel during the Fall '08 term at Stevens.
- Fall '08