Future of Power Systems in Saskatchewan (minimum of 7 pages, maximum of 12 pages less references, ToC, etc.) which discusses:
The current energy generation portfolio of Saskatchewan (as of Dec 2018)
- The options available for conventional (fossil fuel/hydro electric) generation in the future
- The options available for renewable, or near zero emission generation in the future
For each of your main points, discuss in terms of:
- Economics
– both capital cost and operating cost
- Environmental impacts –
- Are there any opportunities or issues related to first nations interests in Saskatchewan
In: Economics
The owner of
New YorkNew York
Restaurant is disappointed because the restaurant has been averaging
4 comma 0004,000
pizza sales per month, but the restaurant and wait staff can make and serve
5 comma 0005,000
pizzas per month. The variable cost (for example, ingredients) of each pizza is
$ 1.15$1.15.
Monthly fixed costs (for example, depreciation, property taxes, business license, and manager's salary) are
$ 4 comma 000$4,000
per month. The owner wants cost information about different volumes so that some operating decisions can be made.Read the requirements
LOADING...
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Requirement 1. Use the chart below to provide the owner with the cost information. Then use the completed chart to help you answer the remaining questions. (Enter total variable costs to the nearest dollar. Enter costs per pizza, price per pizza, and profit per pizza to the nearest cent.)
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Monthly pizza volume. . . . . . . . . . . . |
2,000 |
4,000 |
5,000 |
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Total fixed costs. . . . . . . . . . . . . . . |
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Total variable costs. . . . . . . . . . . . . . |
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Total costs |
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Fixed cost per pizza. . . . . . . . . . . . . |
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Variable cost per pizza. . . . . . . . . . . |
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Average cost per pizza. . . . . . . . . . . |
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Selling price per pizza. . . . . . . . . . . . |
$5.75 |
$5.75 |
$5.75 |
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Average profit per pizza. . . . . . . . . . |
Enter any number in the edit fields and then click Check Answer.
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Clear All |
Check Answer |
Requirements
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1. |
Use the chart below to provide the owner with the cost information. Then use the completed chart to help you answer the remaining questions. |
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2. |
From a
cost standpoint, why do companies such as
New YorkNew York Restaurant want to operate near or at full capacity? |
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3. |
The
owner has been considering ways to increase the sales volume. The
owner thinks that
5 comma 0005,000 pizzas could be sold per month by cutting the selling price per pizza from$ 5.75$5.75 a pizza to$ 5.25$5.25. How much extra profit (above the current level) would be generated if the selling price were to be decreased? (Hint: Find the restaurant's current monthly profit and compare it to the restaurant's projected monthly profit at the new sales price and volume.) |
In: Accounting
Background
Hotel One is one of the two hotels serving Dayville, a small town in the US Midwest. Fifty percent of its customers are out-of-town visitors to the local college, 30 percent are visiting Dayville for business purposes, and the remaining 20 percent of Hotel One’s customers are leisure travelers. The hotel is within one mile from campus, approximately four miles from the city center, and eight miles from the airport. It is easy to reach by car, taxi, or city bus. You are a manager of Hotel One. Your facility consists of 150 rooms, all of which are standard rooms with two double beds. Your only competitor in Dayville, The Other Hotel, has fewer rooms (100), but 20 of their rooms are luxury suites with king beds and a sofa couch (the other 80 are standard rooms with two double beds). This is the extent of the information provided to you at this point.
Assignment
In order to better understand your unit’s operating environment, you are asked to provide your estimate of the demand equation that would account for various factors that affect your customer traffic. This will be done by using regression techniques. The first step in estimating a demand equation is to determine what variables will be used in the regression. Please provide detailed answers to the following questions:
1. What do you think should be the dependent variable in your demand equation? What units of measurement for that variable are you going to adopt? Please provide a detailed explanation for these choices.
2. Please request information about up to five independent (explanatory) variables for your demand equation. For each variable you request, (i) provide reasons why you expect it to be
important for your analysis and (ii) explain the expected sign of the relationship between the proposed independent variable and your proposed dependent variable.
3. Show the exact demand equation you are proposing to estimate.
In: Finance
Andy wants Ben to build Andy a pool, a tennis court, and a basketball court for Andy's employer which is a small hotel. Ben tells Andy that he can do the pool for $ 10,000, a tennis court for $ 7,000, and a basketball court for $ 3,000 if this is done individually. Andy must have the pool for no more than $ 12,000. He would like the basketball court this year or next. He would like the tennis court for no more than $ 8,000. His entire budget for this year for any of these things is no more than $ 17,000 but he would really prefer $ 15,000. Andy must decide this within 10 days or lose his job. Andy knows that Ben has no time pressure at all. Andy also knows that Ben, however, does not like to waste time and likes to do multiple jobs at once if he can in order to be more efficient. Andy also knows that Ben has many other jobs he can do right now but that he prefers to do jobs closest to his office more than farther jobs because they are easier to get to etc. Andy's hotel is only a mile from Ben's office. Andy would like someone to improve the entrance to his hotel, the back area of his hotel, and the parking lot of his hotel, but he really does not care about that right now as he can do that in 3 or 4 years and has no rush for that. Andy also knows that Ben's construction business is always looking for more cement trucks and flatbed trucks and Andy happens to have a cement truck and two flatbed trucks he does not need anymore.
a. What 2 or 3 negotiation strategies would you advise Andy to use in negotiating with Ben and why?
b. In general, what 2 strategies below would you say most often ruins negotiations between people and why?
In: Operations Management
Your local hotel has a dining room which has the capacity to seat 140 guests. It is opened for breakfast and lunch seven days a week and fully expects to be at capacity at these times. During January 2021, management has forecast the seat turnover for breakfast will be 3 times and for lunch 2 times, with the average bill to be $28 for breakfast and $58 for lunch. Beverage revenue is usually 12 per cent of the breakfast revenue and 28 per cent of the lunch revenue.
Calculate budgeted total revenue of food and beverage for the 31 days of January 2021. Express the answer as a daily food and beverage outcome and also a monthly figure.
In: Accounting
Write a Java Program.A parking garage charges a $3.00 minimum fee to park for up to three hours. The garage charges an additional $0.75 per hour for each hour or part thereof in excess of three hours. The maximum charge for any given 24-hour period is $12.00 per day. Write an application that calculates and displays the parking charges for all customers who parked in the garage yesterday. You should enter the hours parked for each customer. The program should display the charge for the current customer and should calculate and display the grand total of yesterday’s receipts. Use a sentinel controlled loop.
In: Computer Science
The owner of Gino’s Pizza restaurant chain believes that if a restaurant is located near a college campus, then there is a linear relationship between sales and the size of the student population. Suppose data are collected from a sample of n = 10 Gino’s Pizza restaurants located near college campuses with the following reported sample statistics:
|
X= Population (1000s) |
Y = Sales ($1000s) |
|
|
Sample Mean |
14 |
130 |
|
Sample Standard Deviation |
7.944 |
41.806 |
|
Sample Variance |
63.111 |
1747.778 |
|
Sample Covariance |
315.556 |
|
We want to find the equation of the least-squares regression line predicting quarterly pizza sales (y) from student population (x).
In: Statistics and Probability
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.60 | |||||
| Electricity | $ | 1,100 | $ | 0.05 | |||
| Maintenance | $ | 0.15 | |||||
| Wages and salaries | $ | 4,700 | $ | 0.20 | |||
| Depreciation | $ | 8,300 | |||||
| Rent | $ | 2,000 | |||||
| Administrative expenses | $ | 1,500 | $ | 0.03 | |||
For example, electricity costs are $1,100 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.00 per car washed.
The actual operating results for August are as follows:
| Lavage Rapide | ||
| Income Statement | ||
| For the Month Ended August 31 | ||
| Actual cars washed | 8,200 | |
| Revenue | $ | 50,700 |
| Expenses: | ||
| Cleaning supplies | 5,360 | |
| Electricity | 1,475 | |
| Maintenance | 1,455 | |
| Wages and salaries | 6,680 | |
| Depreciation | 8,300 | |
| Rent | 2,200 | |
| Administrative expenses | 1,643 | |
| Total expense | 27,113 | |
| Net operating income | $ | 23,587 |
Required:
Calculate the company's revenue and spending variances for August.
In: Accounting
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.50 | |||||
| Electricity | $ | 1,100 | $ | 0.07 | |||
| Maintenance | $ | 0.30 | |||||
| Wages and salaries | $ | 4,600 | $ | 0.20 | |||
| Depreciation | $ | 8,300 | |||||
| Rent | $ | 1,900 | |||||
| Administrative expenses | $ | 1,400 | $ | 0.02 | |||
For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.90 per car washed.
The actual operating results for August are as follows:
| Lavage Rapide | ||
| Income Statement | ||
| For the Month Ended August 31 | ||
| Actual cars washed | 8,500 | |
| Revenue | $ | 60,060 |
| Expenses: | ||
| Cleaning supplies | 4,700 | |
| Electricity | 1,658 | |
| Maintenance | 2,760 | |
| Wages and salaries | 6,640 | |
| Depreciation | 8,300 | |
| Rent | 2,100 | |
| Administrative expenses | 1,468 | |
| Total expense | 27,626 | |
| Net operating income | $ | 32,434 |
Required:
Calculate the company's revenue and spending variances for August.
In: Accounting
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
|
Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.50 | |||||
| Electricity | $ | 1,300 | $ | 0.05 | |||
| Maintenance | $ | 0.30 | |||||
| Wages and salaries | $ | 4,300 | $ | 0.30 | |||
| Depreciation | $ | 8,400 | |||||
| Rent | $ | 1,900 | |||||
| Administrative expenses | $ | 1,400 | $ | 0.04 | |||
For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.50 per car washed. The company actually washed 8,200 cars in August.
Required:
Calculate the company's activity variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
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In: Accounting