Reference no: EM133557797
It is important that you explain what you did and why you did it at each step, interpret your results and discuss the limitations of these results. The data for the project can be found below.
1. calculate the cost (pre-tax and destination fees) of each mode of touring to each destination based on the season (peak, shoulder, trough).
2. Calculate the daily cost of each destination, including the opportunity cost of the extra days associate with a cruise.
Project One Data
Important Notes
- Cruise and Airplane Quotes are per passenger.
- The All-Inclusive Quote is per two individuals.
- Final Quotes and Comparison should be based on two individuals.
- Individuals expect to spend five days across physical locations.
- Individuals are leaving from the Quad Cities.
- The All-Inclusive Quote includes flights/all transportation, accommodations, meals, and activities, and the trip is assumed to allow for five days at physical locations.
Alaska (Hubbard Glacier)
The only feasible way to see the Hubbard Glacier that does not involve dangerous overland or short-hop flights is via a cruise. Five-day excursions are round-trip from Vancouver, British Columbia. The cost of a high-quality cruise is:
Activity |
Peak |
Shoulder |
Trough |
Air Round-trip |
$650 |
$600 |
$525 |
Cruise |
$2,100 |
$1,750 |
$1400 |
Hawaii
Any high-quality cruise departs from Oahu and returns to Vancouver, British Columbia.
Due to sailing time, the cruise takes 11 days to allow for five days at physical locations.
Activity |
Peak |
Shoulder |
Trough |
Air - QCA to Oahu |
$900 |
$600 |
$400 |
Air - Vancouver to QCA |
$400 |
$350 |
$325 |
Cruise |
$3,100 |
$2,250 |
$1,700 |
All-Inclusive |
$8,700 |
$7,200 |
$6,500 |
Netherland Antilles
Any high-quality cruise will have a round-trip from Fort Lauderdale.
Due to sailing time, the cruise takes nine days to allow for five days at physical locations.
Activity |
Peak |
Shoulder |
Trough |
Air Round-trip |
$550 |
$405 |
$350 |
Cruise |
$2,170 |
$1,500 |
$1,060 |
All-Inclusive |
$7,200 |
$6,200 |
$4,600 |
Western Caribbean
Any high-quality cruise will have a round-trip from Fort Lauderdale.
Due to sailing time, the cruise takes nine days to allow for five days at physical locations.
Activity |
Peak |
Shoulder |
Trough |
Air Round-trip |
$550 |
$405 |
$350 |
Cruise |
$2,300 |
$1,780 |
$950 |
All-Inclusive |
$6,900 |
$5,900 |
$4,000 |
Opportunity Cost
Each individual has a daily opportunity cost of $200 for every day beyond the planned five-day excursion.