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OM2 Session 2
OM2 Session 2
p* = .6 57.46653
mean= 60
st dev = 10
p = 1-2/3.5 2819.988
p= 1-2/5 3253.347
400 ski parkars at $100 each
d1=300-p1
d2=300-1.3p2
d3=300-1.8p3
Q1
cost 100
period Price Demand Revenue
1 162.1951 137.8049 22351.28
2 127.5797 134.1463 17114.36
3 95.52846 128.0488 12232.3
total 400 51697.94
Profit 11697.94
Q2
cost 100
period price demand revenue
1 121.9512 178.0488 21713.27
2 121.9512 141.4634 17251.64
3 121.9512 80.48781 9815.586
total 400 48780.49
Profit 8780.488