ADVENTURES LIMITED REPORT

You have been assigned the task of determining whether Adventures Limited Travel Service can save your company money by making the travel arrangements for your executives. The ten members on the Executive Board travel to New York in January, April, July and October; to Washington D.C. in February, May, August, and November; and to Los Angeles in March, June, September, and December. You know that by using this service, a savings can be made in clerical time and effort. Is there a cost savings in using the travel service if they charge an annual a fee of $5,000 for making all the arrangements for airfare and hotels for all ten executives for one year?

Analyze the data, draw a conclusion, and make a recommendation on whether or not to hire the travel service, memo to me as the CEO and present your export. There is a correct answer to this issue so be sure to do the math and calculate the costs.

Airfare (round trip per person)Cost for our companyAdventures limited cost

To NEW YOUR$700$640

To WASHINGTON D.C.$518$538

To LOS ANGELES$738$658

Hotel (single occupancy, per night)Cost for our companyAdventures limited cost

To NEW YOUR$250$200

To WASHINGTON D.C. $200$180

To LOS ANGELES $190$180