Cheapest Car Rental rents cars at the Chicago airport. The rental market consists of two segments: the short term segment, which rents for an average of 0.5 weeks, and the medium-term segment, which rents for an average of 2 weeks. Cheapest currently rents an average of 200 cars a week to the short-term segment and 100 cars a week to the medium-term segment. How many customers per week go through the process?

Question

Business

Paxton Lawrence

13 September, 14:43

Cheapest Car Rental rents cars at the Chicago airport. The rental market consists of two segments: the short term segment, which rents for an average of 0.5 weeks, and the medium-term segment, which rents for an average of 2 weeks. Cheapest currently rents an average of 200 cars a week to the short-term segment and 100 cars a week to the medium-term segment. How many customers per week go through the process?

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Answers (1)

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Layton · Answer 1

The customers who go though the process per week are 450

Explanation:

1. Short term segment:

number of cars rented per week is 200.

Hiring period is 0.5 weeks

Therefore number of customers is x?

Equation : 0.5X = 200

x=200/0.5

= 400 customers

2. Medium Term

cars hired = 100

Hiring period = 2 weeks

Number of customers = y

Equation 2y = 100

y=100/2

y=50

The number of customer per week is 50

The total number of customers who go through the process per week is therefore 400+50 = 450