quantitative strategy question

  • Thread starter Thread starter aaamy98
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aaamy98

Hi everyone,

I'm taking this quantitative reasoning course and I have a professo
who isn't the best at answering questions so I'm turning to you guys.

I have to come up with an estimate on ATM charges. More specifically,
*Estimate how much money the ATM in the SAC pit (SAC pit is a buildin
on campus) charges in user fees during the course of a year.*
So basically my question would be after I set up my strategy...(lik
number of weeks, ATM charges, and how many students withdrawl money
what would be the best way to estimate this information?
I'm sure this question will seem elementary to everyone...but I'm s
lost you guys...any help would be appreciated.

Thanks
Am
 
I may not be answering the right question, but it looks like a simple multiplication problem
(FeePerUse) X (#of Uses) = TotalFees
(FeePerUse) X (#of Uses Per Week) X (52-weeks in a year) = TotalFees

Excel will do Sensity analysis and you could vary the # of uses

----- aaamy98 > wrote: ----

Hi everyone,

I'm taking this quantitative reasoning course and I have a professo
who isn't the best at answering questions so I'm turning to you guys.

I have to come up with an estimate on ATM charges. More specifically,
*Estimate how much money the ATM in the SAC pit (SAC pit is a buildin
on campus) charges in user fees during the course of a year.*
So basically my question would be after I set up my strategy...(lik
number of weeks, ATM charges, and how many students withdrawl money
what would be the best way to estimate this information?
I'm sure this question will seem elementary to everyone...but I'm s
lost you guys...any help would be appreciated.

Thank
Am
 
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