You run a highly successful chain of high-end indoor cycling studios in New York City that targets working professionals. Your company runs 10 classes every day at an average price point of $25J'class for non-members with the hope that they will sign up for a monthly membership of $250. On average, half of the students that occupy any given class are paying class-by-class while the other half has monthly memberships. Each class fits, on average, 40 students, and you typically have 75% of the seats in each class reserved before they