Questions
What is the management fee (1) on a per available room basis and (2) as a...

What is the management fee (1) on a per available room basis and (2) as a percentage of total revenue for a 255-room hotel located in California that had an occupancy level of 62%, ADR of $84.53, a room revenue to total revenue % of 56.4%, and a gross operating profit % of 24.8%? The management fee agreement stipulated that the company would receive 3% of gross revenue, and 10% of gross operating profit.

   Please calculate annual room revenue (round to two decimal places) $ ___

Annual total revenue (round to two decimal places) $ ___

GOP (round to two decimal places) $ ____

  Mgmt fee base fee (round to two decimal places) $ ___

  Mgmt fee incentive fee (round to two decimal places) $ ___

      Total mgmt fee (round to whole number) $ ___

Mgmt fee on PAR basis (round to two decimal places) $ ___ PAR/yea

Mgmt fee as % of total revenue (round to two decimal places) ___%

In: Finance

A company producing plastic cell-phone cases uses a $5,000 blower, a $2,000 processor, and $4,200 worth...

A company producing plastic cell-phone cases uses a $5,000 blower, a $2,000 processor, and $4,200 worth of molds. The rent paid for their space in an industrial park is $5,000 per production period. The cost of materials (resins and compounds) is $10 per unit. The cell phone case market is competitive, with a market price of $25. Each unit of labor is paid $5,000 per production period. The production technology is described by Table 2.

Table 2: The Total Product Schedule for a Cell-Phone Case Company

Labor (L) Output (Q)

0 0

1 374

2 1000.80

3 1761.8

4 2589.08

5 3427.1

6 4226.66

7 4941.62

8 5528.13

9 5943.72

10 6147.00

1(a).How many cell-phone cases will the company produce to maximize profit? What is the maximum amount of profit?

1(b). Using the company's short-run cost curves (ATC, AVC, and MC) and the MR curve, demonstrate how you found your answer to Question 1(a).

1(c). What is the company's break-even price?

THIS IS ALL THE INFO GIVEN.

In: Economics

Lab Text Manipulation Inside the main method, do the following: Create an ArrayList of strings and...

Lab Text Manipulation

Inside the main method, do the following:

  • Create an ArrayList of strings and call it parks.
  • Read in the names of national parks from the user until the user enters done(or DONE,
    or dOnE, .. ) Keep in mind, that the names of some national parks consist of more than one word, for example, Mesa Verde.
    As you read in the national parks, add them to the list.
  • Next, we are going to build a string based on the elements in the list parks. Since the text keeps changing as we add one park at a time, we use class StringBuilder for this task.
    • Use a StringBuilder called sb to create the string  nationalParks .
    • Loop through all the elements of the list  parks and add them one at a time.
      The resulting string should have the following format:
      Favorite National Parks: {park1} | {park2} | . . . | {parkN}
      The parks are separated by a space, a vertical bar, and another space. However, there is no vertical bar after the last element. {park1}, {park2}, {parkN} are the various list elements with updated spelling.
    • Create a private method to update the spelling.
      We can't control whether the user enters the park names in uppercase or lowercase letters. However, we can change the names to a spelling where all letters are lowercase except for the first letters of each individual word. In order to make those changes, create a private method called updateSpelling. It has the following method header:
      private static String updateSpelling(String text)
      E.g.: When you pass the string "MESA VERDE" the method returns "Mesa Verde"
      E.g.: When you pass "yEllOwstOnE" it returns "Yellowstone"
      E.g.: Passing "black canyon of the gunnison" returns "Black Canyon Of The Gunnison"
      E.g.: Passing "Denali" returns "Denali"
    • When you are done building the specified string in SringBuilder, print it.

The output depends on the information provided by the user.

Please enter your favorite National Park or DONE to stop: mesa verde
Please enter your favorite National Park or DONE to stop: black CANYON of ThE gunnisON
Please enter your favorite National Park or DONE to stop: DENALI
Please enter your favorite National Park or DONE to stop: yellowStone
Please enter your favorite National Park or DONE to stop: Done

Favorite National Parks: Mesa Verde | Black Canyon Of The Gunnison | Denali | Yellowstone

In: Computer Science

In​ baseball, League A allows a designated hitter​ (DH) to bat for the​ pitcher, who is...

In​ baseball, League A allows a designated hitter​ (DH) to bat for the​ pitcher, who is typically a weak hitter. In League​ B, the pitcher must bat. The common belief is that this results in League A teams scoring more runs. In interleague​ play, when League A teams visit League B​ teams, the League A pitcher must bat.​ So, if the DH does result in more​ runs, it would be expected that league A teams will score more runs in League A park than when visiting League B parks. To test this​ claim, a random sample of runs scored by league A teams with and without their DH is given in the accompanying table. Complete parts​ a) through​ d) below.

legue a park (with DH) Legue b park (without DH)
7 0
2 1
4 6
6 3
2 5
3 6
12 8
9 3
3 5
14 5
3 5
7 2
5 2
5 4
2 1
14 2
6 4
6 9
6 10
6 1
5 3
7 7
8 7
4 2
13 4
7 9
5 3
0 2

a) Draw​ side-by-side boxplots of the number of runs scored by League A teams with and without their DH. Choose the correct graph below.

A.

051015AB

Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 13. An x is plotted at 14. The top boxplot is labeled B and has vertical line segments at 3, 4.5, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 11.

B.

051015AB

Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 9. Three x's are plotted at 12, 13, and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 10.

C.

051015AB

Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 3, 5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12. Two x's are plotted at 13 and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12.

D.

051015AB

Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 1 and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12.

Does there appear to be a difference in the number of runs between these​ situations?

A. No but the number of runs scored in a League A park appear to be slightly higher than the number of runs scored in a League B park.

B. Yes because the number of runs scored in a League B park appear to have a higher median than the number of runs scored in a League A park.

C.Yes because the number of runs scored in a League A park appear to have a higher median than the number of runs scored in a League B park.

D.No because the number of runs scored in a League A park is about the same as the number of runs scored in a League B park.

​b) Explain why a hypothesis test may be used to test whether the mean number of runs scored for the two types of ballparks differ.

Select all that apply.

A.Each sample has the same sample size.

B.Each sample is obtained independently of the other.

C.Each sample size is small relative to the size of its population.

D.Each sample is a simple random sample.

E.Each sample size is large.

​c) Test whether the mean number of runs scored in a League A park is greater than the mean number of runs scored in a League B park at the

alphaα=0.05 level of significance.

Determine the null and alternative hypotheses for this test. Let mu Subscript Upper AμA

represent the mean number of runs scored by a League A team in a League A park and let

mu Subscript Upper BμB represent the mean number of runs scored by a League A team in a League B park.

Upper H 0H0​:

sigma Subscript Upper AσA

pp mu Subscript Upper AμA

greater than>

equals=

less than<

not equals≠

sigma Subscript Upper BσB

mu Subscript Upper BμB

p 0p0

versus

Upper H 1H1​:

mu Subscript Upper AμA

pp

sigma Subscript Upper AσA

greater than>

equals=

less than<

not equals≠

p0 mu Subscript Upper BμB sigma Subscript Upper BσB Find t0​,the test statistic for this hypothesis test. t0=nothing

​(Round to two decimal places as​ needed.)

Determine the​ P-value for this test.

​P-value=

​(Round to three decimal places as​ needed.)

State the appropriate conclusion. Choose the correct answer below.

A.Do not reject Upper H0. There is not sufficient evidenceThere is not sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.

B.Reject Upper H 0H0.There is not sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.

C.Do not reject Upper H0.There is sufficient evidenceat the level of significance to conclude that games played with a designated hitter result in more runs.

D.Reject Upper H0. There is sufficient evidenceThere is sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.

​d) Construct a 95​% confidence interval for the mean difference in the number of runs scored by League A teams in a League A park and the number of runs scored by League A teams in a League B park. Interpret the interval.

Lower​ bound:

Upper​ bound:

​(Round to three decimal places as​ needed.)

Interpret the confidence interval. Select the correct choice below and fill in the answer boxes to complete your choice.

​(Round to three decimal places as needed. Use ascending​ order)

A. We are 95​%confident the difference between the mean number of runs scored in a League A park and the mean number of runs scored in a League B park is between nothing and nothing.The confidence interval does not containdoes not contain ​zero, so there is sufficient evidence to conclude there is a difference in the mean number of runs scored with or without the DH.

B. We are 95​% confident the difference between the mean number of runs scored in a League A park and the mean number of runs scored in a League B park is between nothing and nothing.The confidence interval contains ​zero, so there is notis not sufficient evidence to conclude there is a difference in the mean number of runs scored with or without the DH.

In: Math

Park Rangers in a Yellowstone National Park have determined that fawns less than 6 months old...

Park Rangers in a Yellowstone National Park have determined that fawns less than 6 months old have a body weight that is approximately normally distributed with a mean µ = 26.1 kg and standard deviation σ = 4.2 kg. Let x be the weight of a fawn in kilograms. Complete each of the following steps for the word problems below:  Rewrite each of the following word problems into a probability expression, such as P(x>30).  Convert each of the probability expressions involving x into probability expressions involving z, using the information from the scenario.  Sketch a normal curve for each z probability expression with the appropriate probability area shaded.  Solve the problem.

1. What is the probability of selecting a fawn less than 6 months old in Yellowstone that weighs less than 25 kilograms?

2. What is the probability of selecting a fawn less than 6 months old in Yellowstone that weighs more than 19 kilograms?

3. What is the probability of selecting a fawn less than 6 months old in Yellowstone that weighs between 30 and 38 kilograms?

4. If a fawn less than 6 months old weighs 16 pounds, would you say that it is an unusually small animal? Explain and verify your answer mathematically.

5. What is the weight of a fawn less than 6 months old that corresponds with a 20% probability of being randomly selected? Explain and verify your answer mathematically.

In: Math

1. Suppose Mary has an income of $315 per month and eats out for $15 a...

1. Suppose Mary has an income of $315 per month and eats out for $15 a dinner and sees movies at a cost of $9 per movie.

a.Explain why you do not need to graph her budget constraint to determine the slope, given the information above. What is the value of the slope of the budget constraint?

b.Suppose Mary finds a new job and now makes $360 per month. However, her local movie theater raises ticket prices to $12. Draw Mary’s new budget constraint, with the quantity of movies on the vertical axis and dinners on the horizontal axis, appropriately labeling the values for the x-intercept and y-intercept.

c.Is it feasible for Mary to go out to dinner 12 times and go to the movies 17 times during the month with her new income? Explain your answer.

In: Economics

BUS201 - Business Law Question 6 John Fogarty was staying at the Homelike Hotel and took...

BUS201 - Business Law

Question 6

John Fogarty was staying at the Homelike Hotel and took a bath in the tub provided with his room. When he was ready to get out of the tub, he pulled on a device in the wall of the tub called a “Soap & Grab,” which was designed to be used for the purpose of helping people pull themselves out of the tub. Instead of performing that function, however, the “Soap & Grab” pulled out of the wall and hit John in the face, breaking his nose and giving him severe cuts. John would like to sue the Homelike Hotel for negligence but has no direct evidence of what they did or did not do concerning the “Soap & Grab.” Identify the legal doctrine under which John might establish a duty against the hotel in a negligence lawsuit and explain whether John’s situation meets the requirements of that legal doctrine.

In: Operations Management

Alexandra Marcus, manager of the Sky Club Hotel, has requested your assistance on a queuing issue...

Alexandra Marcus, manager of the Sky Club Hotel, has requested your assistance on a queuing issue to improve the guest service at the hotel. Alexandra Marcus is considering how to restructure the front desk to reach an optimal level of staff efficiency and guest service. Observation of arrivals during the peak check-in time of 3:00PM to 5:00PM shows that an average of 80 guests arrive each hour. It takes an average of 3 minutes for the front-desk clerk to register each guest. At present, the hotel has five clerks on duty, each with a separate waiting line.

PLEASE SHOW CALCULATIONS!!

a. Average utilization rate of a server (p)

b. The probability of no. customers in the system (Po)

c. Average number of customers in the system (L)

d. Average time in the system (W)

e. Average waiting in line (Wq)

f. Average number of customers in line waiting Lq

In: Statistics and Probability

You are given the sample mean and the population standard deviation. Use this information to construct...

You are given the sample mean and the population standard deviation. Use this information to construct the​ 90% and​ 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If​ convenient, use technology to construct the confidence intervals. A random sample of 45 home theater systems has a mean price of ​$120.00. Assume the population standard deviation is ​$17.50.

In: Statistics and Probability

Zach, a 20-year-old, adopts sublimation as a defense mechanism. He has a keen interest in poetry....

Zach, a 20-year-old, adopts sublimation as a defense mechanism. He has a keen interest in poetry. He wants to pursue a career in theater as he loves acting. In the context of Freud’s psychosexual stages of personality development, he is most likely to be fixated at the:

a) oral stage.

b) anal stage.

c) phallic stage.

d) latent stage.

In: Psychology