MEDAL Help making a model for the cost and revenue from this info please: A camp for a 12-week session Charge per camper - $120 per week Fixed costs - $48,000 per session Variable cost per camper - $80 per week Capacity - 200 campers It's hard to figure which perspective I'm suppose to take when making the mathematical model... cost? ---- y = 48000 + 80(12)c revenue? ------- y = 120(12)c
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Total Cost: Fixed Cost+Variation Cost Total Revenue: Charge per camper x # of weeks that's what I understand...
cost? ---- y = 48000 + 80(12)c revenue? ------- y = 120(12)c
yes (:
I hope we're right...I'll find out tomrrow
alright, let me know (:
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