MGAC03H3 Lecture Notes - Lecture 1: Icq, Netflix
Document Summary
Avery car rental charges its customers per day plus sh. 20 per kilometre. Its competition rents cars for per day and sh. 08 per kilometre. Netflix is a service that allows subscribers to rent three dvds at a time for . 95 per month. As soon as a customer returns one dvd, netflix sends another. Customers can return as many movies as they want during a month, and they can keep each dvd for as long as they want. This semester, you moved to an apartment 8 kilometres from campus and will commute to classes three times a week. This decision will let you achieve significant savings. However, you have not yet decided whether to use your car or ride the bus to get to campus. You estimate the following costs for each alternative: You have two alternatives regarding the purchase of bus tickets: Francisco owns a camper and loves to visit national parks with his family.
