Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost
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1(a): Disembarkation and Transit processes Passport and visa requirements General immigration procedures Once passengers have arrived from their journey to Heathrow airport‚ they go through immigration and immigration officers will check their passports and visas to make sure that only those who have a right to enter the country do so. The immigration process can be extremely quick if the flight is between two European Union countries. However‚ non-EU resident enter through a different channel
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Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car | 90 | Average load factor (percentage of seats filled) | 70% | Average full passenger fare | $160 | Average variable cost per passenger | $70 | Fixed operating cost per month | $3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Break-even Point Unit CM= $160 average full passenger fare – $70 average
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Case Study 1 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70
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Case Study 2 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost per month $ 3‚150‚000 Formulae’s: Revenue = Units Sold * Unit price Contribution Margin = Revenue – All Variable Cost Contribution Margin Ratio =
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Passenger Reservation System Problem Description Rutgers Transit is a passenger transportation company. They are located in Cleveland and provide several bus lines that go to a number of destinations. The company currently has about 1‚000 buses spread over 60 routes. Of these‚ 700 are regular‚ 200 are semi-luxury‚ and the remaining are super deluxe buses. The seating capacities are 48‚ 42‚ and 36‚ respectively. Receiving reservations in advance facilitates the planning process
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break-even point in passengers and revenues per month? Total Per Unit Percent Sales: 160 X 90 $14‚400 $ 160 100% Less variable costs/expenses: .70 X 90 $ 6‚300 $70 44% Contribution margin: $ 8‚100 $90 56% Less fixed costs/expense: $3‚150‚000 Net operating income: $3‚141‚900 8‚100 /14‚400 = 56% 100 - 56 = 44% BEP in passengers (fixed costs / contribution margin) 3‚150‚000 / 90 = 35‚000 passengers BEP in dollars
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1DFD of Passenger Enquiry Section [pic] Level 2 DFD of Booking [pic] Level 2 DFD Cancellation ----------------------- Passenger 1.0 General Enquiry 2.0 Passenger Enquiry 3.0 Booking Counter 4.0 Cancellation Information Booking Inquiry New Passenger Information Reservation Request Ticket Confirmation and Status Cancellation Request Acknowledgement Passenger
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Booking Details Booking Date : Tue 11 Dec 2012 Address Contact Email : 1901 K INTERIOR 61 ZAMORA STREET PANDACAN‚MANILA MANILA Philippines : 63-02-3535007 (Telephone) : janelle_trinidad@yahoo.com 63-906-2157824 (Mobile) Booking Reference: KYFD2D Status: May change up to 4hrs from departure time Confirmed Guest Details 1. ANGELICA MOTUS (Adult) Flight Details Route Kalibo to Manila Flight # 5J 336 Departure Fri 14 Dec 2012‚ 1140H Kalibo International Airport Arrival
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A) What is the break-even point in passengers and revenues per month? Unit CM = $160 – $70= $90 Unit of Sales = 3‚150‚000 / $90= 35‚000 passengers Unit of Sales = 35‚000 x $160= $5‚600‚000 revenue B) What is the break-even point in number of passenger train cars per month? Unit of Sales = 35‚000/63= 555.5= 556 passenger cars C) If Springfield Express raises its average passenger fare to $ 190‚ it is estimated that the
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