Assume that you are currently profitable, but you are hearing rumblings that your corporate parent is in some financial trouble. You came into this role 3 months ago and you are winning awards for customer satisfaction (one of the key measurements is how long customers have to wait for a car). You have done some market study and found that customers will continue to provide superior feedback on satisfaction as long as they donât have to wait any longer than 30 minutes for the car of their choice. Likewise they will give poor feedback if they have to wait over an hour. Each HMV costs $10,000 per year to have in the fleet when factoring in depreciation, maintenance, and amortized purchase price. Corporate leadership has stated clearly that they need at least $500,000 per year more profit to stay viable as a company, and they have asked you to help identify savings. More savings could lead to a promotion, but only if you are able to maintain customer satisfaction levels.

Required:
a. Lay out a plan that saves the company at least $500,000 but maintains customer satisfaction levels in the coming year.
b. What is the very best you can do and keep wait times under an hour? Aside from change the number of vehicles what else would you do to impact performance?

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.