Within a Large Metropolitan Area, 15% of the Commuters Currently

question 176

Short Answer

Within a large metropolitan area, 15% of the commuters currently use the public transportation system, whereas the remaining 85% commute via automobile. The city has recently revitalized and expanded its public transportation system. It is expected that 6 months from now 10% of those who are now commuting to work via automobile will switch to public transportation, and 90% will continue to commute via automobile. At the same time, it is expected that 40% of those now using public transportation will commute via automobile, and 60% will continue to use public transportation. In the long run, what percent of the commuters will be using public transportation?
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__________ %

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Definitions:

Sales Forecasting

The process of estimating future sales revenue over a specific period, based on past sales data, trends, and market analysis.

Crossover Point

The point at which two or more options have equal costs or benefits, often used in decision-making processes.

Variable Costs

Costs that vary directly with the level of production or service activity, such as materials and labor.

Repetitive Focus

A strategy in manufacturing that emphasizes the repeated production of the same products or a narrow range of products efficiently.