(Video Store) A small video store has nine copies of the DVD Captain Underpants, The Movie in its… 1 answer below »
(Video Store) A narrow video provision has nine copies of the DVD Captain Underpants, The Movie in its provision. There are 15 customers full day who beg this movie for their offspring. If the movie is not on the rejection, they license and go to a competing provision. Customers get evenly exclusive aggravate 24 hours. The mean rental period is 36 hours.
a. What is the apparition that a customer going to the video provision succeed furnish the movie helpful?
b. Assume each rental is $5. How ample wealth does the provision reach per day from the movie?
c. Assume each offshoot that is not potent to get the movie succeed entertain a $1 charges. How ample capital would the provision bear to produce out to offspring beging Captain Underpants full day?
d. Assume the ask-for for the movie succeed arrive the similar for another six months. What would be the payback term (not because profit rates) for purchasing an added observation of the movie at $50? Consider the extra wealths cognate to doubt b and the virtual absorb savings (doubt c).