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Algebra -- produce a rock concert project

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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: 

Variables

Task 1 : Keep it simple: 

Task 1 : Keep it simple

What comes in: 

What comes in R = 20n

Slide6: 

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

Task 3: The Bottom Line: 

Task 3: The Bottom Line

Slide21: 

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: 

Thank You

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