If the developer of the new theater wants to capture at least 75% of all the movie trips from this housing area, how many more screens would they need to add? Would it be worth it economically if the cost per additional screen is $2.5 per additional person attracted?
ICDP PROMBLEMS Part A – Destination Choice Due to the construction of several mega apartment complexes just south of campus, a developer is considering the construction of a new movie theater complex, “Mega Movies”, on the east side of Gainesville. The developer has hired you to help determine the viability of building this theater complex. […]