Question
A garage band wants to hold a concert The expected crowd is 2 900 The average expenditure on concessions is 35 Tickets sell for 30
A garage band wants to hold a concert The expected crowd is 2 900 The average expenditure on concessions is 35 Tickets sell for 30 each and the band s profit is 85 of the gate and concession sales minus a fixed cost of 18 000 Develop a mathematical model and implement it on a spreadsheet to find the band s expected profit A 1 Expected Crowd 2 Average Concessions Expenditure 3 Fixed Cost 4 Ticket Price 5 Profit percentage 6 Ticket Revenue 7 Concession Revenue 8 Profit B1 B4 B1 B2 B5 B6 B7 B3 Complete the following spreadsheet model Type integers or decimals Do not round A 1 Expected Crowd 2 Average Concessions Expenditure 3 Fixed Cost 4 Ticket Price 5 Profit percentage 6 Ticket Revenue 7 Concession Revenue B C people per person per person
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