GenX is a career training company that offers both online and on-campus weekend training courses on web development, data science, coding, and digital marketing. The accompanying data file shows the courses that will be offered next month by GenX. The data set contains course name (Course), whether the course is offered online or on-campus (Mode), current enrollment (Enrollment), tuition per student (Tuition), cost of instructors (Instructor costs), facility costs (Facility costs), technical service costs (Technical services), and historical cancellation rate for the course (Cancellation rate). Only on-campus courses incur facility costs. Online courses carry much higher costs for technical services than on-campus courses. The historical cancellation rate is used to project the actual enrollments of the courses. GenX would like to develop a spreadsheet model that calculates the projected revenue and profit for the month. Course Mode Enrollment Tuition Instructor costs Facility costs Technical services Cancellation rate Web Dev. Online 78 $200 $4,000 0 $3,000 25% Web Dev. Campus 55 $250 $3,000 $5,000 $500 10% Data Sci. Online 66 $300 $3,500 0 $3,000 15% Data Sci. Campus 74 $350 $4,000 $5,000 $500 15% Coding Campus 32 $300 $2,000 $3,000 $500 10% Dig. Mkt. Online 63 $250 $3,000 $0 $3,000 20% 1. Build a spreadsheet model to find out the projected total revenue and profit for GenX next month. Note: Round your answers to the nearest whole number. 2. What is the impact on GenX’s revenue and profit if the facility costs increase by 20% due to a rent increase? 3. Will a 20% decrease in technical service costs be enough to offset the increase in facility costs described in question number 2? A. Yes B. No
GenX is a career training company that offers both online and on-campus weekend training courses on web development, data science, coding, and digital marketing. The accompanying data file shows the courses that will be offered next month by GenX. The data set contains course name (Course), whether the course is offered online or on-campus (Mode), current enrollment (Enrollment), tuition per student (Tuition), cost of instructors (Instructor costs), facility costs (Facility costs), technical service costs (Technical services), and historical cancellation rate for the course (Cancellation rate). Only on-campus courses incur facility costs. Online courses carry much higher costs for technical services than on-campus courses. The historical cancellation rate is used to project the actual enrollments of the courses. GenX would like to develop a spreadsheet model that calculates the projected revenue and profit for the month.
| Course | Mode | Enrollment | Tuition | Instructor costs | Facility costs | Technical services | Cancellation rate |
| Web Dev. | Online | 78 | $200 | $4,000 | 0 | $3,000 | 25% |
| Web Dev. | Campus | 55 | $250 | $3,000 | $5,000 | $500 | 10% |
| Data Sci. | Online | 66 | $300 | $3,500 | 0 | $3,000 | 15% |
| Data Sci. | Campus | 74 | $350 | $4,000 | $5,000 | $500 | 15% |
| Coding | Campus | 32 | $300 | $2,000 | $3,000 | $500 | 10% |
| Dig. Mkt. | Online | 63 | $250 | $3,000 | $0 | $3,000 | 20% |
1. Build a spreadsheet model to find out the projected total revenue and profit for GenX next month.
Note: Round your answers to the nearest whole number.
2. What is the impact on GenX’s revenue and profit if the facility costs increase by 20% due to a rent increase?
3. Will a 20% decrease in technical service costs be enough to offset the increase in facility costs described in question number 2?
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