Calculate the costs of the sod-bed hurtigruten ship

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Assignment:

Starting with the cost structure in Exhibit '7 for a typical ISO-bed expedition ship sailing to Antarctica, use information in the case to estimate the costs incurred by a BOO-bed Hurtigruten vessel making the same voyage. YDll are encouraged to attempt the analysis in three steps.

  • First, calculate Hurtigruten's costs assuming that the Hurtigruten ship has the same occupancy rate as the ship in Exhibit 7, 90%.
  • Second, adjust your analysis to take into account the fact that the average Hurtigruten expedition cruise in 2018 had an occupancy rate of 75%.
  • Third, for added insight, calculate the costs of the SOD-bed Hurtigruten ship if it carries only 150 passengers (i.e., 30% occupancy).

Reference no: EM133209371

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