A large, land grant university, currently facing severeparking problem
QUESTION
A large, land grant university, currently facing severeparking problems on its campus is considering constructing parkingdecks off campus. A shuttle service could pick up studnets atthe off-campus parking deck, and quickly transport them to variouslocations on campus. The university woul
Annual Fied cost will be Driver 40,000 Maint 7,000 Insu 2,000 Depn 12,500 = 150000/12 Interest 9,000 = 150000*6% —————————— Fixed Cost 70,500 COnt per student = $0.1 No of
tudents for Breakeven = Fixed cost/COnt per student =70500/0.1 = 705,000 So ANnual Ridership per trolley will be 705,000 students.
ANSWER:
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