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247.4% Give three examples of decisions that the management of the bike rental a

ID: 3022291 • Letter: 2

Question

247.4%

Give three examples of decisions that the management of the bike rental agency might make from this data.

What other calculations could you make from this data that would be useful to the bike rental management? create a second version of this spreadsheet to document this calculation

Resort Bicycle Rental Bicycle Inventory Valuation                                         Thrusday, July 28, 2011 Make of Bike Bike Cost Numbers on hand Cost of Current Inventory Number of Rentals Total Rental Revenue Revenue per Bike Revenue as Percent of Cost of Inventory Wonder Bike $325 12 $3,900 85 $6,375 $531.25 163.5% Wonder Bike ll $385 4 $1,540 34 $4,570 $1,142.50 296.8% Wonder Bike Supreme $475 8 $3,800 44 $5,200 $650.00 136.8% LiteLift pro $655 8 $5,240 25 $2,480 $310.00 47.3% LiteLift Ladies $655 4 $2,620 40 $6,710 $1,677.50 256.1% LiteLift Racer $795 3 $2,385 37 $5,900 $1,966.67

247.4%

Explanation / Answer

Give three examples of decisions that the management of the bike rental agency might make from this data.

1) we can low reduce the cost of bike of litelift racer

2) we should increase the cost of bike of wonder bike

3) we should buy more litelift racer bike

for the other questions

I can gladly help you but you should post it in a new question

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