First to tell you a little about Tom Cruise. He was born July 3rd‚ 1962. His home town is Syracuse‚ New York. The full name for Tom Cruise is Thomas Cruise Mapother IV. Tom’s height is average for most people it 5’7”. He became a TV star for his career. As Thomas was growing up‚ he grew up in a religious family. Tom’s parents are Catholic. Although after experimenting with the Catholic religion‚ Tom felt that wasn’t a fit for him so the religion Tom Cruise chose was scientology. Ron Hubbard started
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Health Cruises Homework 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? *Fixed costs = $220‚000 (Ship rental and crew) + $65‚000(initial advertisement expense) +$10‚000(administrative expense) = $295000 *Contribution per unit = $1500 -$200 = $1300 *Breakeven point (in units)= 295000/1300 = 226.92 : At least 227 passengers should sign up for Health Cruises by November 20th.
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large share of the industry’s output or sales‚ it is a consolidated industry. The type of competition in fragmented industries is generally very different from that in consolidated industries. A consolidated (concentrated) industry‚ like the cruise industry‚ typically has a more attractive industry structure‚ though the nature and extent of competition in consolidated industries is hard to predict. Such industries typically exhibit high entry barriers‚ differentiated products‚ established brand
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Health Cruises‚ Inc. Health Cruises‚ Inc. packages cruises to Caribbean islands such as Martinique and the Bahamas. Like conventional cruises‚ the packages are designed to be fun. But the cruise is structured to help participants become healthier by breaking old habits‚ such as smoking and overeating. The Miami-based firm was conceived by Susan Isom‚ 30‚ a self-styled innovator and entrepreneur. Prior to this venture‚ she had spent several years in North Carolina promoting a behavior-modification
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Administration North American Cruise Statistical Snapshot‚ 2011 Office of Policy and Plans For additional information about the Office of Policy and Plans and its products and services‚ contact: Information Service Phone: 202-366-2278 Fax: 202-366-7403 Email: data.marad@dot.gov Mail: Office of Policy and Plans Maritime Administration U.S. Department of Transportation 1200 New Jersey Ave. S.E. Washington‚ D.C. 20590 March 2012 eee North American Cruise Statistical Snapshot
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for a Tropical Cruise Vacation Vacationing to certain tropical destinations might require more than what you think. After making reservations for the Cruise accommodations and flight arrangements you would think the tough part is over. I personally had no idea that going to the Bahamas would require more than valid state identification. I soon realized that I not only had to prepare for my financial needs‚ wardrobe attire‚ but also have proper documentation to go on the Cruise. First
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Copa Cruises - Welcome Aboard! Copa Cruises is a 40-year old company that offers dining and sightseeing cruises. What started with only one ship at Maryland’s Eastern Shore‚ is now a big business operating at multiple locations with 40 vessels. Copa operates scheduled tours at least twice daily during the peak travel/tourism seasons at each of its locations. The total number of scheduled tours varies based on the number of vessels available at each location. Copa also offers its ships exclusively
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Health Cruises Case Read the Health Cruises Case and submit answers to the following questions. 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Considering that an average ticket price is $1500 and the cost per passenger is $200‚ each sold ticket generates $1‚300 of the positive cash flow. Since $295‚000 of the initial capital had been spent by November 14th‚ the following minimum number of passengers must
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Cruise to The Bahamas During my junior year in high school me‚ my mom and some of her friends went on a cruise to the Bahamas. It was a three day cruise leaving Miami going to Nassau‚ Bahamas which is their capital. It was a Thursday night in May 2008 and we had a flight to catch to Miami. Even though the boat didn’t leave till the next day in the afternoon‚ it was best to get there early in case you missed your flight because most cruises aren’t refundable. We ending up flying to Fort Lauderdale
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1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? [show your calculations] Fixed Cost = 220000+10000+65000 = 295000 Variable cost per passenger = 200 Revenue = 1500 per passenger X # of passengers (# of passengers = x) Revenue – Cost = Profit 1500x – (200x+295000) = 0 x = 226.92 rounded up to 227 passengers to break even 2. Should Health Cruises go ahead with the cruise since 200 people have signed up by November 14th?
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