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Choose a football stadium to do research on: Mercedes Benz Superdome, home to the New Orleans Saints Estimate the cost of running your stadium on
Choose a football stadium to do research on:
Mercedes Benz Superdome, home to the New Orleans Saints
- Estimate the cost of running your stadium on game day. (Include the cost of utilities, security, maintenance on and off the field, employees, etc.Ignore concession and merchandise stands. Also, assume the stadium is paid for meaning there is no outstanding debt.)
- Estimate the average ticket price based on professional or school website research.
- Provide your reasoning/assumptions for your estimates (explain how you came up with the figures you include in your estimates).
- Calculate the breakeven point in tickets using the unit breakeven formula.Show your calculations in your posting.
- Based on your breakeven calculation compare that breakeven tickets number to the stadium's capacity.Is your breakeven point reasonable?
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