Questions
A touristic destination is assessing the effectiveness of their business, both in terms of the true...

A touristic destination is assessing the effectiveness of their business, both in terms of the true average of visitors and in the stability of the visits during a particular season.
For the previous charge, they select a random sample days of days with the premise that effectiveness should overcome the 93% of the room occupancy.
The records indicate a historic variance of 7.3 and the days selected show the following number of occupied rooms show the following:
78; 77; 76; 78; 77; 79; 77; 76; 75; 74; 77; 78; 76; 76; 76; 78; 78; 79; 75; 76; 77
1) Determine the necessary sample size if the total number of rooms of the hotel 80 and there are records that show as ordinary 93% occupancy, they would need for the estimation of the population proportion parameter with a margin of error less than 10%.
2) Determine the 98 % confidence interval for the true average for the occupied rooms.
3) Determine the 90 % Confidence interval for the variance of occupied rooms in the hotel

In: Math

Representatives of hotels, restaurants, hotel and restaurant supply companies, and other businesses located in Portland, Oregon,...

Representatives of hotels, restaurants, hotel and restaurant supply companies, and other businesses located in Portland, Oregon, organized an association to attract conventions to their city. Members were asked to make contributions equal to 1 percent of their sales to finance the association. To aid collections, hotel members, including Hilton Hotels Corporation, agreed to give preferential treatment to suppliers who paid their assessments and to curtail purchases from those who did not. This agreement violated federal antitrust laws. The United States sued the members of the association, including Hilton Hotels, for the crime of violating federal antitrust laws. Can a corporation be held criminally liable for the acts of its representatives? If so, what criminal penalties can be assessed against the corporation? United States v. Hilton Hotels Corp., 467 F.2d 1000, Web 1972 U.S. App. Lexis 7414 (United States Court of Appeals for the Ninth Circuit)

In: Operations Management

Light rays that are near to and parallel to the principle axis are called    paraxial...

Light rays that are near to and parallel to the principle axis are called

  

paraxial rays.   

parabolic rays.   

paranormal rays.

In: Physics

The far point of the eye decreases to 5 m and near point increases to 1m....

The far point of the eye decreases to 5 m and near point increases to 1m. Then, Find the power of the lens.

In: Physics

Describe the setup of an ODT imaging system. Why do we use near infrared light for...

Describe the setup of an ODT imaging system. Why do we use near infrared light for these systems ?

In: Biology

5.17. Consider two undeveloped land sites. At site 1, the highest and best use (HBU) is...

5.17. Consider two undeveloped land sites. At site 1, the highest and best use (HBU) is a warehouse that would cost $1 million to build (exclusive of land cost) and would then generate annual net rents of $150,000, which are expected to grow al 3% per year. At site 2, the HBU is an apartment building that can generate net rents of $800,000, projected to grow at 1% per year, with construction cost of $5 million. Suppose investors buying built properties (that is, properties already developed and in operation) require an initial annual return (in the form of current net income) of 12% minus the expected annual growth rate in the net income, as a percent of the investment cost. For example, they would want an initial yield or cap rate of 9% for the warehouse (12% -- 3% = 9%). Suppose the land value for site | is $1 million and the land value for site 2 is $2 million. On which of these sites (1, 2, both, or neither) is it currently profitable to undertake construction? Show your reasoning.

In: Finance

Rutgers is planning to expand its capacity in athletic centers. They purchased a pretty big piece...

Rutgers is planning to expand its capacity in athletic centers. They purchased a pretty big piece of land, so space is not really an issue. The options that they have are four, in terms of facilities: basketball, tennis, football, and baseball. A basketball facility is expected to cost 10,000$ and should be used by around 75 people per day. A tennis facility is expected to cost 8,000$ and should be used by around 45 people per day. A football facility is expected to cost 13,000$ and should be used by around 110 people per day. Finally, a baseball facility is expected to cost 11,000$ and should be used by around 80 people per day. Although the planner (you) is free to choose as many facilities per type as he wants, there are some restrictions: football facilities should be no more than 5 and the available budget is 250,000$. The objective is to maximize the daily usage.

At the optimal solution, how many basketball facilities should be built?

A.

None of the above

B.0

C.5

D.13

In: Operations Management

Allegheny Community Hospital is a nonprofit hospital operated by the county. The hospital’s administrator is considering...

Allegheny Community Hospital is a nonprofit hospital operated by the county. The hospital’s administrator is considering a proposal to open a new outpatient clinic in the nearby city of New Castle. The administrator has made the following estimates pertinent to the proposal.

  1. Construction of the clinic building will cost $640,000 in two equal installments of $320,000, to be paid at the end of 20x0 and 20x1. The clinic will open on January 2, 20x2. All staffing and operating costs begin in 20x2.
  2. Equipment for the clinic will cost $55,000, to be paid in December of 20x1.
  3. Staffing of the clinic will cost $520,000 per year.
  4. Other operating costs at the clinic will be $58,000 per year.
  5. Opening the clinic is expected to increase charitable contributions to the hospital by $110,000 per year.
  6. The clinic is expected to reduce costs at Allegheny Community Hospital. Annual cost savings at the hospital are projected to be $720,000.
  7. A major refurbishment of the clinic is expected to be necessary toward the end of 20x5. This work will cost $85,000.
  8. Due to shifting medical needs in the county, the administrator doubts the clinic will be needed after 20x9.
  9. The clinic building and equipment could be sold for $110,000 at the end of 20x9.
  10. The hospital’s hurdle rate is 12 percent.

Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.)

Required:

  1. 1-3. Fill in the following table to compute the net present value of the proposed outpatient clinic.

  2. 4. Should the administrator recommend to the hospital's trustees that the clinic be built

Complete this question by entering your answers in the tabs below.

  • Req 1 to 3
  • Req 4

Fill in the following table to compute the net present value of the proposed outpatient clinic. (Negative amounts should be indicated by a minus sign. Round your "Discount factors" to 3 decimal places.)

Type of Cash Flow 20x0 20x1 20x2 20x3 20x4 20x5 20x6 20x7 20x8 20x9
1. Construction of clinic
2. Equipment purchase
3. Staffing
4. Other operating costs
5. Increased charitable contributions
6. Cost savings at hospital
7. Cost of refurbishment
9. Salvage value
Incremental cash flow
Discount factor
Present value
Net present value

Should the administrator recommend to the hospital's trustees that the clinic be built?

In: Accounting

A girl is sitting near the open window of a train that is moving at a...

A girl is sitting near the open window of a train that is moving at a velocity of 22.00 m/s to the east. The girl's uncle stands near the tracks and watches the train move away. The locomotive whistle emits sound at frequency 770.0 Hz. The air is still. (Use 343 m/s for the speed of sound in air for all parts of this question.) (a) What frequency does the uncle hear? Hz (b) What frequency does the girl hear? Hz (c) A wind begins to blow from the east at 22.00 m/s. What frequency does the uncle now hear? Hz (d) What frequency does the girl now hear? Hz

In: Physics

What is the IRR for the gold mine?      IRR %    b. The Utah Mining...

What is the IRR for the gold mine?

  

  IRR %

  

b.

The Utah Mining Corporation requires a return of 9 percent on such undertakings. Should the mine be opened?

The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, “This is a golden opportunity.” The mine will cost $4,000,000 to open and will have an economic life of 11 years. It will generate a cash inflow of $505,000 at the end of the first year, and the cash inflows are projected to grow at 8 percent per year for the next 10 years. After 11 years, the mine will be abandoned. Abandonment costs will be $560,000 at the end of Year 11.

In: Finance