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Case Background Alpine Ski plans to develop a new ski resort for snowboarders and skiers of all levels. The resort will include ski slopes and lodging. The resort plans to attract current skiers and snowboarders who prefer deep powder conditions from other resorts by offering extra-wide powder skis to enable patrons to glide through the areas pristine powder with confidence. You have been hired to consult on this new business venture and provide advice on volume, revenue and potential pricing. Details - The market is divided into skiers or snowboarders at three distinct skill levels - Day trip customers (arrive and leave the same day) spend average of $100 dollars - Overnight customers (ski/snowboard 1 day, and stay in the resort for 1 night) spend an average of $250 dollars - Day Trip \% by customer level Question 1: Calculate the expected annual and daily volume of Alpine Ski lift tickets. NOTE: Assume that the resort is able to draw all of the skiers and snowboarders who prefer deep powder for one visit per year. Assume the resort operates 150 days per year and that the volume is evenly spread across the 150 days. Question 2: Calculate the expected annual revenue of Alpine Ski lift tickets and lodging. NOTE: Assume that the resort is able to draw all of the skiers and snowboarders who prefer deep powder for one visit per year. Question 3: Calculate the Total Outlay Over 20 Years. What is the total outlay (investment and operating costs) to build and run the resort over 20 years, while meeting volume projections? NOTE: Assume volume remains constant each year and that fixed costs do not fluctuate with volume. The Alpine Resort Business Plan outlines the following costs to install and operate an infrastructure for 500 lift tickets per day. Case Background Alpine Ski plans to develop a new ski resort for snowboarders and skiers of all levels. The resort will include ski slopes and lodging. The resort plans to attract current skiers and snowboarders who prefer deep powder conditions from other resorts by offering extra-wide powder skis to enable patrons to glide through the areas pristine powder with confidence. You have been hired to consult on this new business venture and provide advice on volume, revenue and potential pricing. Details - The market is divided into skiers or snowboarders at three distinct skill levels - Day trip customers (arrive and leave the same day) spend average of $100 dollars - Overnight customers (ski/snowboard 1 day, and stay in the resort for 1 night) spend an average of $250 dollars - Day Trip \% by customer level Question 1: Calculate the expected annual and daily volume of Alpine Ski lift tickets. NOTE: Assume that the resort is able to draw all of the skiers and snowboarders who prefer deep powder for one visit per year. Assume the resort operates 150 days per year and that the volume is evenly spread across the 150 days. Question 2: Calculate the expected annual revenue of Alpine Ski lift tickets and lodging. NOTE: Assume that the resort is able to draw all of the skiers and snowboarders who prefer deep powder for one visit per year. Question 3: Calculate the Total Outlay Over 20 Years. What is the total outlay (investment and operating costs) to build and run the resort over 20 years, while meeting volume projections? NOTE: Assume volume remains constant each year and that fixed costs do not fluctuate with volume. The Alpine Resort Business Plan outlines the following costs to install and operate an infrastructure for 500 lift tickets per day