Scenario 16.4 - Santorini Donkeys

question 87

Multiple Choice

Scenario 16.4 - Santorini Donkeys
Sturdy little donkeys are used to carry corpulent tourists up the Santorini caldera to the town of Fira.One cruise line that routinely docks at the port is considering a plan to maintain their own donkey herd,which will cost them $15,000 per thousand tourists.The number of tourists needing this service is normally distributed,with a mean of 10,000 and a standard deviation of 3,000.Usually,this is enough donkey capacity,but occasionally the cruise line rotates a bigger ship through this route and the excursion director must purchase donkey capacity on the spot market,where is costs $20 per tourist.
-Once a local donkey herder learns of the cruise line's plan,he lowers his donkey rental price to $17.50 per tourist.How many donkeys should be in the cruise line's herd?

• A)7,264
• B)6,684
• C)6,711
• D)6,797

---

Definitions:

Sales Lead Club

A group or organization that focuses on generating and sharing potential customer contacts among its members.

Call Reluctance

The hesitation or fear of making outbound sales calls or contacting potential customers, often based on fear of rejection or failure.

Prospects

Potential customers or clients who have been identified as having a need or desire that a company's product or service can fulfill.

Cold Calling

The practice of contacting potential customers who have not previously expressed interest in a product or service, often through phone calls.