Poisson distribution: New version of the car-hire problem

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hcsgo

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May 5, 2018
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A car hire firm has 6 cars. Each car is $ 70,000 worth. To put up with the
opertional costs, the monthly income has to be equivalent to a 8% of the
fleet's value. The company rents cars on a daily basis and takes, on
average, 5.2 daily orders. Given this information, calculate:- How much the company should charge by car and by day in order to reach
its intendend revenue?

- The firm intends to buy another car, as long as this new car's use is
above 30%. Decide whether the company should buy the car or not.
 
hcsgo said:
A car hire firm has 6 cars. Each car is $ 70,000 worth. To put up with the
opertional costs, the monthly income has to be equivalent to a 8% of the
fleet's value. The company rents cars on a daily basis and takes, on
average, 5.2 daily orders. Given this information, calculate:- How much the company should charge by car and by day in order to reach
its intendend revenue?

- The firm intends to buy another car, as long as this new car's use is
above 30%. Decide whether the company should buy the car or not.
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