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The weekly price at an extended-staty (renting by the week for business travelers) is $900. Operating costs average $25,000 per month, regardless of the number

The weekly price at an extended-staty (renting by the week for business travelers) is $900. Operating costs average $25,000 per month, regardless of the number of rooms rented. Construct a spreadsheet model to determine the profit if 40 rooms are rented. The manager has oberved that the number of rooms rented during a given week varies between 32 and 50 (the total number of rooms availabloe).

A. Use data tables to evaluate the profit for this range of unit rentals.

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Demographic Data
Unemployment Cost of Living Population
Metropolitan Area State (July 1999) 1999 - US Avg = 100 (July 1999)
ANCHORAGE AK 3.60% 125.90 257,808
BIRMINGHAM AL 2.70% 99.10 915,077
HUNTSVILLE AL 2.70% 95.20 343,418
MOBILE AL 3.60% 91.80 535,472
MONTGOMERY AL 2.90% 92.40 322,441
LITTLE ROCK AR 3.20% 87.20 559,074
PHOENIX AZ 2.60% 99.90 3,013,696
TUCSON AZ 2.30% 99.70 803,618
BAKERSFIELD CA 12.50% 106.10 642,495
FRESNO CA 13.80% 105.80 879,829
LOS ANGELES CA 6.30% 122.00 25,366,576
SACRAMENTO CA 4.10% 114.00 3,328,431
SAN DIEGO CA 3.20% 122.80 2,820,844
SAN FRANCISCO CA 2.50% 144.70 8,559,292
COLORADO SPRINGS CO 3.70% 96.80 499,994
DENVER CO 2.60% 105.30 4,417,908
PUEBLO CO 5.80% 92.50 136,987
HARTFORD CT 3.40% 121.80 1,147,504
WASHINGTON DC 2.90% 132.00 4,739,999
WILMINGTON DE 3.20% 108.10 571,420
FORT MYERS FL 4.40% 97.20 400,542
JACKSONVILLE FL 2.90% 95.40 1,056,332
MIAMI FL 6.70% 104.50 2,175,634
ORLANDO FL 2.90% 97.00 1,535,004
PENSACOLA FL 3.70% 93.60 403,384
TALLAHASSEE FL 3.10% 100.10 200,003
TAMPA FL 2.90% 97.80 2,278,169
WEST PALM BEACH FL 5.60% 104.70 1,049,420
ATLANTA GA 3.00% 97.40 3,857,097
COLUMBUS GA 4.40% 93.90 271,417
MACON GA 4.70% 95.10 321,586
DES MOINES A 1.80% 94.70 443,496
DUBUQUE A 2.60% 107.50 88,112
BOISE ID 3.30% 102.70 407,844
POCATELLO ID 4.50% 99.80 74,881
CHICAGO IL 4.00% 121.60 8,008,507
ROCKFORD IL 4.10% 103.60 358,640
SPRINGFIELD IL 3.60% 95.10 358,640
FORT WAYNE IN 2.40% 93.30 484,320
INDIANAPOLIS IN 2.30% 94.90 2
SOUTH SEND IN 2.40% 90.90 258,537
TOPEKA KS 4.30% 95.10 170,773
WICHITA KS 3.30% 94.80 548,714
LEXINGTON KY 1.90% 95.90 455,617
LOUISVILLE KY 2.70% 92.80 1,005,849
BATON ROUGE LA 3.70% 98.50 578,946
NEW ORLEANS LA 4.00% 94.50 1,305,479
SHREVEPORT LA 4.80% 94.90 377,673
BOSTON MA 2.20% 136.80 3,297,201
BALTIMORE MD 4.70% 102.30 2,491,254
DETROIT MI 2.80% 113.00 4,474,614
GRAND RAPIDS MI 2.50% 102.10 1,052,092
LANSING MI 2.10% 102.90 450,789
MINNEAPOLIS-ST.PAUL MN 1.50% 99.70 2,872,109
ROCHESTER MN 1.20% 97.50 119,077
COLUMBIA MO 1.40% 93.10 130,179
KANSAS CITY MO 3.20% 96.10 1,756,899
SPRINGFIELD MO 2.50% 94.50 308,332
ST. LOUIS MO 3.50% 97.40 2,569,029
JACKSON MS 2.80% 94.30 432,647
BILLINGS MT 3.80% 102.70 127,258
GREAT FALLS MT 5.70% 102.50 782,132
MISSOULA MT 5.20% 101.80 89,344
ASHEVILLE NC 3.30% 100.00 215,180
CHARLOTTE NC 5.00% 96.80 1,417,217
GREENSBORO-WNSTN-S NC 2.80% 97.50 1,179,384
RALEIGH NC 1.90% 97.30 1,106
WILMINGTON NC 4.20% 97.80 222,109
BISMARCK ND 1.80% 99.90 91,939
FARGO ND 1.10% 100.80 170,122
LINCOLN NE 1.40% 88.80 237,057
OMAHA NE 1.90% 92.30 698,875
CONCORD NH 2.30% 108.80 239,069
ATLANTIC CITY NJ 12.70% 132.60 337,635
ALBUQUERQUE NM 4.60% 102.80 678,820
LAS VEGAS NV 3.30% 105.60 1,381,086
RENO NV 2.80% 111.80 319,816
ALBANY NY 3.10% 109.70 869,474
BUFFALO NY 4.50% 97.30 1,142,121
NEW YORK NY 7.60% 226.50 20,196,649
ROCHESTER NY 3.50% 110.40 1,079,073
SYRACUSE NY 3.40% 102.90 732,920
AKRON om 3.70% 96.30 689,435
CINCINNATI OH 3.20% 101.10 1,960,995
CLEVELAND OH 4.20% 106.00 2,221,181
COLUMBUS OH 2.50% 101.40 1,489,487
TOLEDO OH 4.60% 96.90 608,976
OKLAHOMA CITY OK 3.00% 90.20 1,046,283
TULSA OK 3.00% 89.40 786,117
EUGENE OR 5.10% 108.90 314,901
PORTLAND OR 4.30% 107.30 1,845,840
SALEM OR 5.50% 103.30 335,156
ALLENTOWN PA 4.40% 104.40 618,350
ERIE PA 4.70% 101.60 276,993
HARRISBURG PA 2.70% 104.90 618,375
PHILADELPHIA PA 4.00% 127.40 4,949,567
PITTSBURGH PA 4.31% 113.30 2,331,336
WILLIAMSPORT PA 5.10% 97.50 116,709
CHARLESTON SC 2.50% 95.20 552,803
COLUMBIA SC 1.80% 94.20 516,251
GREENVILLE SC 2.50% 95.20 929,565
RAPID CITY SO 2.40% 100.20 88,117
SIOUXFALLS SO 1.40% 96.60 164,481
KNOXVILLE TN 3.40% 93.80 672,087
MEMPHIS TN 3.20% 95.30 1,105,050
NASHVILLE TN 2.50% 91.70 1,171,755
ABILENE TX 3.40% 91.80 122,478
AMARILLO TX 3.10% 90.00 208,691
AUSTIN TX 2.40% 100.90 1,146,050
CORPUS CHRISTI TX 6.40% 93.60 387,105
DALLAS-FORT WORTH TX 2.90% 101.80 3,280,310
ELPASO TX 9.80% 95.00 701,908
HOUSTON TX 3.80% 96.80 4,010,969
SAN ANTONIO TX 3.20% 99.60 1,564,949
WACO TX 3.30% 92.10 204,244
SALT LAKE CITY UT 2.70% 100.90 1,275,076
NORFOLK VA 3.30% 100.50 1,562,635
RICHMOND VA 2.80% 102.00 961,416
ROANOKE VA 2.10% 93.00 277,741
BURLINGTON VT 1.90% 109.60 165,917
OLYMPIA WA 4.80% 103.40 205,459
SEATTLE WA 3.10% 119.70 2,334,934
SPOKANE WA 5.30% 106.70 409,736
YAKIMA WA 11.70% 102.60 220,785
GREEN BAY Wl 2.40% 97.00 216,522
LA CROSSE WI 2.50% 98.50 121,927
MILWAUKEE Wl 3.30% 107.50 1,462,422
CHARLESTON WV 4.40% 96.60 251,199
HUNTINGTON WV 5.80% 100.80 312,447
CASPER WY 5.00% 101.40 63,157
CHEYENNE WY 3.30% 95.00 78,877

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