Aa6. please solve with formulas not excell E.5. A monorail shuttle is being planned between the airport and downtown. Find the break-evenfare to charge per passenger. Use i = 1.0 percent per month.cost to construct monorail and place in operation = $10,000,000resale value at EOM 360 = 0O & M costs = $400,000/monthO & M gradient = $40,000/month/monthmajor overhaul every 12 months(last major at EOM 360) = 1,000,000/eachmajor overhaul gradient = $100,000/each/12 monthspassengers boarded per month = 800,000%3D

Given, Fixed cost = $10,000,000 Variable cost = $400,000 + $40,000 = $440,000 Selling price =…

Answered: A monorail shuttle is being planned…

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...

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