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Econometrics

analyze the change in profit and profitability from the initial version of the functioning of the CMO to the final one

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The gas station, which sells the most popular grade of gasoline, has two gas columns combined with terminals for accepting payment. The gas station has a storage parking lot where 3 cars can stand in line and wait for maintenance at the same time. An average of 0.5 cars per minute drive up to the gas station. On average, 2.5 minutes are spent on customer service in any of the service complexes. The average check is (300 + 20n) The cost of ensuring the functioning of one terminal is (2000 + 100n) rubles per hour. Evaluate the main indicators of the effectiveness of the functioning of the gas station, evaluate them and carry out in two stages the adjustment of the model in order to increase economic efficiency. At the first stage, double the place for waiting for cars, at the second stage, increase the number of refueling columns by one unit. Analyze the change in profit and profitability from the initial version of the functioning of the CMO to the final one. Assess the feasibility of reorganization. Formulate governing recommendations.

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