Use the Table Below to Answer the Following Question(s)

question 42

Multiple Choice

Use the table below to answer the following question(s) .
The Atlas Movies Theater has repriced their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the new price for the three classes obtained using Solver.

Assume the distributions of elasticities for three classes of tickets are uniform with minimum and maximum values equal to 75% and 125% of their estimated values, respectively.Under this assumption, use Monte Carlo simulation to answer the following questions.The model is simulated for 10,000 trials.
-Which of the following cells is defined as the output cell?

• A)E16
• B)E18
• C)F17
• D)F18

---

Definitions:

Cell Phone Business

The industry involved in the manufacturing, distribution, and services related to mobile telephones and their operations.

Business Communication

The exchange of information and ideas between individuals within a corporation or between a company and its customers, aimed at achieving business goals.

Requests

Appeals or calls for something to be given or done.

Appropriate Tone

The selection of words and the manner of communication that is considered suitable for a specific context or audience, often conveying respect or sensitivity.