Campus fund-raising event to demonstrate his abilities

Assignment Help Operation Management

Reference no: EM132303448

The psychology club is having a self-proclaimed psychic come to their campus fund-raising event to demonstrate his abilities. He charges $275 for these events, and the club is charging $5.50 for tickets with a chance to have the psychic read the ticket holder’s mind. Let x represent the number of tickets sold and y represent money in a linear model which can be used to estimate the profit or loss based upon the number of tickets sold.

How much would the club gain or lose by selling 105 tickets?

How many tickets are needed to break even?

Reference no: EM132303448

Questions Cloud

Analytics to identify improvements opportunities : Describe how you would use days analytics to identify improvements opportunities.

Discuss public aquatic centers-risk of adverse health effect : Discuss public aquatic Centers and Risk of Adverse Health Effects. Chemicals used and their effect, etc.

Valtec electronics files orders for its electronic component : Valtec Electronics files orders for its electronic components and parts by truck to customers through several distribution centers.

Why has strategy evaluation become so important in business : Why has strategy evaluation become so important in business today, and how will you incorporate these principles into your everyday life and work, if at all?

Campus fund-raising event to demonstrate his abilities : The psychology club is having a self-proclaimed psychic come to their campus fund-raising event to demonstrate his abilities.

Is human capital company most valuable strategic resource : Is human capital a company’s most valuable strategic resource?

Compare and contrast functional organization structure : Compare and contrast functional organization structure, matrix organization structure, and autonomous project organization structure.

Functional organization and matrix organization structure : Compare and contrast functional organization structure, matrix organization structure, and autonomous project organization structure.

Challenge area common to business administration : Topic (Technology) should include a challenge area common to business administration and be applicable to solving organizational problems in modern workplace.

User Account

All Pages