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PLEASE HELP solve for all boxes. Problem 1-13 (Algorithmic) Micromedia offers computer training seminars on a variety of topics. In the seminars each student works
PLEASE HELP solve for all boxes.
Problem 1-13 (Algorithmic) Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $675 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $9300. Micromedia rents computers for its seminars at a cost of $50 per computer per day. a. Develop a model for the total cost to put on the seminar. Let x represent the number of students who enroll in the seminar. Model for total cost = 9600 + 120 X b. Develop a model for the total profit if x students enroll in the seminar. For subtractive or negative number use a minus sign even if there is a + sign before the blank. (Example: -300) Model for total profit = X + c. Micromedia has forecasted an enrollment of 20 students for the seminar. How much profit will be earned if its forecast is accurate? Profit = 5 d. Compute the breakeven point. If needed, round your answer to the nearest integer. Breakeven point = studentsStep by Step Solution
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