Question

Consider that the fixed costs of a startup are 35,476.00 and that you want to have a profit margin of 20%, and the estimated number of subscribers is only 100 in the first month. The product of this platform is a digital platform, which offers a free plan and a plan with a monthly subscription of R$20.00, with psychological care services for R$70.00 and professional training for R$120.00 (in two services are retained a 10% fee by the platform) in addition to basic level e-books R$15.00, advanced R$40.00 and complete R$80.00. The platform hires professionals based on partnerships. How to calculate the number of psychologists and professional training content providers the platform needs to close to obtain the desired profit margin

286

likes
1432 views

Answer to a math question Consider that the fixed costs of a startup are 35,476.00 and that you want to have a profit margin of 20%, and the estimated number of subscribers is only 100 in the first month. The product of this platform is a digital platform, which offers a free plan and a plan with a monthly subscription of R$20.00, with psychological care services for R$70.00 and professional training for R$120.00 (in two services are retained a 10% fee by the platform) in addition to basic level e-books R$15.00, advanced R$40.00 and complete R$80.00. The platform hires professionals based on partnerships. How to calculate the number of psychologists and professional training content providers the platform needs to close to obtain the desired profit margin

Expert avatar
Miles
4.9
114 Answers
To calculate how many service providers (psychologists and professional training content providers) your platform needs to meet the desired profit margin, follow these steps:

### Step 1: Calculate Required Revenue
Using the formula for the target revenue (R):
R = \frac{\text{Fixed Costs}}{1 - \text{Profit Margin}}
R = \frac{35,476.00}{1 - 0.20} = \frac{35,476.00}{0.80} = 44,345.00

### Step 2: Estimate Revenue from Different Sources
- Revenue from Subscriptions: 100 \times 20 = 2,000.00

Find the remaining revenue needed from services and e-books to meet the target.

### Step 3: Calculate Required Number of Services
- For psychological care:
The number of Psychological Sessions Needed = \frac{21,172.50}{7.00} \approx 3025 sessions

- For professional training:
The number of Training Sessions Needed = \frac{21,172.50}{12.00} \approx 1764 sessions

### Step 4: Assumptions for Revenue Split
Assume equal revenue split for psychology and training:
\text{Revenue from Psychology} = \text{Revenue from Training} = \frac{42,345.00}{2} = 21,172.50

### Step 5: Calculate Number of Sessions Required
- For Psychological care: 3025 sessions
- For Professional training: 1764 sessions

### Step 6: Determine Number of Providers Needed
If each provider can handle 40 sessions per month:
- Number of Psychologists Needed: \frac{3025}{40} \approx 76 psychologists
- Number of Trainers Needed: \frac{1764}{40} \approx 44 trainers

### Answer:
The platform needs approximately 76 psychologists and 44 professional training providers to meet the desired profit margin.

Frequently asked questions (FAQs)
What is the sum of three consecutive integers starting from 5?
+
Math question: Is there a solution to the equation x^n + y^n = z^n, where n > 2, and x, y, z are integers?
+
Question: For f(x) = sin x, find the period, amplitude, vertical shift, and range of the function.
+
New questions in Mathematics
How much volume of water in MegaLiters (ML) is required to irrigate 30 Hectare crop area with depth of 20mm?
a ferry travels 1/6 of the distance between two ports in 3/7 hour. the ferry travels at a constant rate. at this rate, what fraction of the distance between the two ports can the ferry travel in one hour?
Eight acts are scheduled to perform in a variety show how many different ways are there to schedule their appearances show your work
QUESTION l. An investigation has been carried out in a region to know the perception of "citizen insecurity" of its inhabitants. 1,270 people in the region were interviewed, of which 27.1% responded that it was a "serious" problem. Knowing that this opinion was previously held by 25.3% of the population of that region, we want to know if said opinion has changed significantly for a confidence level of 97.2%. Taking this statement into account, the following is requested: a) Critical value of the contrast statistic. b) Solve the hypothesis test and indicate what conclusion we can reach. c) P-value of contrast.
a) A tap can supply eight gallons of gasoline daily to each of its 250 customers for 60 days. By how many gallons should each customer's daily supply be reduced so that it can supply 50 more customers for twenty more days?
A food delivery company charges on average a delivery fee of $5 per order (including food and shipping) and has monthly fixed costs of $600. If the average cost of each meal delivered that is revenue for the company is $10 and the company has a monthly profit of $800, how many orders must they deliver per month?
Serum cholesterol levels in men aged 18 to 24 years have a normal distribution with a mean 178.1mg/100 ml and standard deviation 40.7 mg/100 ml. The. Randomly choosing a man between 18 and 24 years old, determine the probability of your serum cholesterol level is less than 200. B. Whether a serum cholesterol level should be judged too high if it is above 7% higher, determine the value of the separation level of levels that are too high. w. Determine a 90% reference range for serum cholesterol level among men from 18 to 24 years old.
Suppose 50% of the doctors and hospital are surgeons if a sample of 576 doctors is selected what is the probability that the sample proportion of surgeons will be greater than 55% round your answer to four decimal places
The expected market return is 13,86% and the risk free rate 1%. What would then be the risk premium on the common stocks of a company which beta is 1,55? (in %, 2 decimal places)
-0.15/32.6
If you randomly selected one person from the 900 subjects in this study, what is the probability that the person exhibits the minimum BMI?
find all matrices that commute with the matrix A=[0 1]
How much does the average college student spend on food per month? A random sample of 50 college students showed a sample mean $670 with a standard deviation $80. Obtain the 95% confidence interval for the amount college students spend on food per month.
A company receives sales in $20 per book and $18 per calculator. The per unit cost to manufacture each book and calculator are $5 and 4$ respectively. The monthly (30 day) cost must not exceed $27000 per month. If the manufacturing equipment used by the company takes five minutes to produce a book and 15 minutes to produce a calculator, how many books and calculators should the company produce to maximise profit? Please solve graphically and
3/9*4/8=
Determine the reduced form of the slope equation equal to 2
cube root of 56
We have received our p&l statement back from accounts. The board has asked for an innovation hub. What items should we prioritise reviewing to decide if we can afford an innovation hub?
(X+2)(x+3)=4x+18
Kaya deposits 25,000 into an account that earns 3% interest compounded monthly. How much does Kaya have in the account after 6 years 8 months? Round to the nearest cent. 32,912.50 30,000 29,923.71 30,527.45