Your consulting firm has been hired to advise the management team of Diana Luxury Cruise. Make a case for either maintaining the current operation or the viability of the proposed plan. Relevant Information (current cruise operation)

1. Number of days of cruise 5 days

2. Ship capacity 300 passengers (excluding crew members)

3. Crew members - 50

4. Average occupancy per cruise 60%

5. Number of trips per annum 20

6. Current price per cruise per passenger - $1800 (inclusive of meals)

7. Current cost of a meal per trip per passenger - $500

8. Average compensation per crew member - $45,000/annum