# Ali-1

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Category: Education

## Presentation Description

Algebra produce a rock concert project

## Presentation Transcript

### The Rock Concert:

RMR GROUP The Rock Concert By Ricky Ali Matthew Pham Reno Raju

### What is the problem?:

What is the problem?

Variables

### Task 1 : Keep it simple:

Task 1 : Keep it simple

### What comes in:

What comes in R = 20n

Revenue Model

### Task 2: Building a model for cost:

Task 2: Building a model for cost

### Fixed Costs:

Fixed Costs Arena Cost Band Cost

### Fixed Costs cont.:

Fixed Costs cont.

### Unit Rate and Variable Costs:

Unit Rate and Variable Costs The tickets sold per worker and the daily cost per worker can vary making them the variable costs. The total unit rate is \$4.50 per ticket.

### How do you find the Price? :

How do you find the Price?

### Slide13:

Ms. Teak @ Cotton Bowl

### Dixie Chickens @ Cotton Bowl:

Dixie Chickens @ Cotton Bowl

### Dixie Chickens @ Starplex Amphitheatre:

Dixie Chickens @ Starplex Amphitheatre

Profit Model

### Task 4: Get Greedy and Go Broke:

Task 4: Get Greedy and Go Broke

### Sales Demand Model(n = -250p + 27,740 (given in packet):

Sales Demand Model (n = -250p + 27,740 (given in packet)

### Sales Demand Model(n = -146.22p + 23035.4):

Sales Demand Model (n = -146.22p + 23035.4)

### Sales Demand Work:

Sales Demand Work

### Sales Demand Work (continued):

Sales Demand Work (continued)

### Task 5: Building a Model Using Survey Data:

Task 5: Building a Model Using Survey Data

### Slide28:

Dixie Chicken @ Cotton Bowl

### Dixie Chickens @ Starplex Amphitheatre:

Dixie Chickens @ Starplex Amphitheatre

### Who’s That @ Cotton Bowl:

Who’s That @ Cotton Bowl

### Who’s That @ Starplex Amphitheatre:

Who’s That @ Starplex Amphitheatre

### Ms. Teak @ Cotton bowl:

Ms. Teak @ Cotton bowl

### Ms. Teak @ Starplex Amphitheatre:

Ms. Teak @ Starplex Amphitheatre

### Final Report to Sam:

Final Report to Sam

Thank You