What is the formula to estimate gross revenue from a fleet concession?

The formula to estimate gross revenue from a fleet concession is appropriately represented as the rental fee per car multiplied by the number of rounds each car is rented out and the total number of cars available. This calculation considers not just the price per car but also how many times each car is rented out, thereby providing a comprehensive picture of the potential revenue generated from the rental fleet.

Each part of the formula serves an important function: the rental fee per car represents the revenue earned from each rental, the number of rounds per car indicates the frequency of rentals, and the number of cars shows the scale of the operation. Together, they allow for an accurate projection of gross revenue based on operational capacity and pricing strategy.

Other options do not capture the full necessary components or misrepresent the revenue calculation. The inclusion of average maintenance costs or a simple addition of figures does not address the direct revenue flow from operations, which is essential for estimating gross revenue effectively.