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What are the steps to Costco is running a member - only sales program for Carnival cruise vacation. There are totally 6 0 0 cabins
What are the steps to Costco is running a memberonly sales program for Carnival cruise vacation. There are totally cabins on the cruise ship. Fixed cost is $includes fuel cost for roundtrip, salary for crews and staff, etc Variable cost per cabin is $ per room per round trip includes utility cost, food cost, room service, etc
If you charge customers $ per cabin, what is the breakeven point? That is how many cabins must be sold for the program to break even?
Costco has another optional program to sell for Crown Cruise vacation. The fixed cost for Crown Cruise is $ per round trip, and the variable cost is $ per cabin. You will, however, be able to charge $ per cabin. At what point will you be indifferent between Carnival and Crown?
For Carnival Cruise, if the demand for cabins depends on the price as follows: Demand D p; where n n D n is the price charged to the customers. What price would recommend charging for a cabin?
Based on your suggestion of price from the previous question Q would the cruise be full? At the suggested price, what would be the demand and what would be the profit for Costco?
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