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re: The worst thing the LSU Ath Dept has ever done...

Posted on 9/12/11 at 6:41 am to
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124835 posts
Posted on 9/12/11 at 6:41 am to
The thing is, they are actually losing money this way.
Charge 5, 10, 15, even 20 dollars for parking in those lots and they would be full.
But 40? You'll have empty lots.
Now do the math, if lots are nearly empty at 40$, say 20% (I'm being generous) full, that's 40x.2=8 times however many lots there are
Now, at 10$, those lots would be full.
So, 10x1=1, times the lots.
That's profit they are missing out on.
Even at 20$ those lots are at least 80% full.
20x .8 is 16!!!
Obviously no one with a math background is doing any thinking about this
ETA: sorry for the typo
This post was edited on 9/12/11 at 7:55 am
Posted by gorillacoco
Baton Rouge
Member since Oct 2009
5320 posts
Posted on 9/12/11 at 7:10 am to
quote:

20x .8 is 18!!!


quote:

Obviously no one with a math background is doing any thinking about this




agree with OP. $40 is absurd.
Posted by Sheep
Neither here nor there
Member since Jun 2007
19555 posts
Posted on 9/12/11 at 8:26 am to
quote:

The thing is, they are actually losing money this way.
Charge 5, 10, 15, even 20 dollars for parking in those lots and they would be full.
But 40? You'll have empty lots.
Now do the math, if lots are nearly empty at 40$, say 20% (I'm being generous) full, that's 40x.2=8 times however many lots there are
Now, at 10$, those lots would be full.
So, 10x1=1, times the lots.
That's profit they are missing out on.
Even at 20$ those lots are at least 80% full.
20x .8 is 16!!!
Obviously no one with a math background is doing any thinking about this
ETA: sorry for the typo


This could quite possibly be the worst argument in the history of arguments.

Last year: 2,000 spots - all full - $0 revenue
This year, even if only ONE person pays to park: 2,000 spots - 1 spot occupied - $40 revenue.

Winner? This year.

And when I walked through campus on Saturday, every lot was at least 75% (ish) full.
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