Question: can you explain how you got your answer? P4. Super is a ride-sharing company. The Chief of Operations wants the revenue (output value) to be

can you explain how you got your answer?

P4. Super is a ride-sharing company. The Chief of Operations wants the revenue (output value) to be seven times the cost of service operations (input cost). Suppose that each regular car earns a value of $1500 per month and premium cars earn $2500 per unit per month. The monthly cost of operating a regular car is $100 per month and $500 per premium car. Super currently has 26 regular cars. How many premium cars do they need to achieve a productivity ratio of 7 ? (Enter your response rounded to whole number.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

can you explain how you got your answer? P4. Super is a ride-sharing company. The Chief of Operations wants the revenue (output value) to be seven times the cost of service operations (input cost)....

P4. Super is a ride-sharing company. The Chief of Operations wants the revenue (output value) to be seven times the cost of service operations (input cost). Suppose that each regular car earns a...

Super is a ride-sharing company. The Chief of Operations wants the revenue (output value) to be seven times the cost of service operations (input cost). Suppose that each regular car earns a value of...

Write a case report ( at least 1,500 words) on the case " A late Bloomer: ZPMC CEO Guan Tongxian. Analyze the background, the problems, etc., and give your solutions. A Late Bloomer: ZPMC CEO Guan...

i need question uploaded in last picture READING 5.1 The Greed Cycle: How Corporate America Went out of Control JOHN CASSIDY through accounting skulduggery that exag. In this essay, John Cassidy,...

The purpose of this assignment is to encourage and allow critical engagement with recent topics in the field of Not-for-Profit and Government Accounting and how these structures play out in our...

Your end-of-semester assignment is as follows: (a) (i) read the two Economist articles entitled ?Debt is Good for You? (dated 01/25/2001) and ?Debtors? Prison? (dated 02/09/2009), which discuss the...

Hi, so for corporate accounting we received an assignment that was to be based consolidation accounting. However, after going through the documents,I am struggling in discovering how to approach the...

Knowledge of the rules of conduct, interpretations thereof, and resolutions of Council related to general and technical standards will help you respond to the following cases. Required: For each...

Smith knows that a firms generic strategy should be the centerpiece of a firms strategic plan. On the basis of a compilation of research and documents, Smith makes three observations about the North...

Which of the following minor comtibuting greeghouse gases are produced thom agriculturd practices wach as the use of burning of fossif fuets and used in fertiliers? Multple Chovce Methane...

Create a C# application named SalesTransactionDemo that declares several SalesTransaction objects and displays their values and their sum. The SalesTransaction class contains the following fields:...