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2. DETERMINE THE OPERATING COST FOR ONE HOUR OF POOL TIME P=price F= fixed costs V-variable costs C=contingency costs N = demand No contingency
2. DETERMINE THE OPERATING COST FOR ONE HOUR OF POOL TIME P=price F= fixed costs V-variable costs C=contingency costs N = demand No contingency costs: P= (F+)/N Contingency costs: P = (F+ V + C[F + V])/N 2.1. What is Unit price (operating cost) for one hour of pool time with NO contingency costs 2.2. What is Unit price (operating cost) for one hour of pool time with contingency costs. Assume a 10% contingency cost associated with the facility.
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