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ERIC Number: ED216848
Record Type: RIE
Publication Date: 1979-May
Pages: 9
Abstractor: N/A
Reference Count: 0
Tuition Rate Setting for Organized Camps: An Economic Analysis. An Occasional Paper.
Doucette, Robert E.; Levine, Frank M.
Camping Magazine, May 1979
An economic analysis of setting tuition rates for organized camps addresses four topics of general interest: (1) measuring the economic value (revenues and expenses) of a camp; (2) measuring the true costs (fixed holding costs, fixed costs, and variable operating costs) of operation; (3) establishing a demand curve for measuring camp revenue; and (4) setting optimum tuition rates. The first three topics set the stage and establish the vocabulary for discussion of the fourth, which is the theme of this article. The analytical tools introduced here should facilitate decision-making with respect to expansion or contraction of camp operations and general long-range planning. A final observation suggested by this analysis is that it is applicable to the camping industry as a whole. Industry-wide (national or state) cost profiles and demand schedules can theoretically be constructed to suggest optimum operating conditions in terms of tuition and volume. (Author/AH)
American Camping Assoc. Publications Service, Bradford Woods, Martinsville, IN 46151 ($.50 plus shipping and handling).
Publication Type: Opinion Papers; Journal Articles
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Lingle (Bowman C.) Testamentary Trust, Chicago, IL.
Authoring Institution: Fund for Advancement of Camping, Chicago, IL.