A study of the career paths of hotel general managers sent questionnaires to an SRS of 250 hotels belonging to major U.S. hotel chains. There were 129 responses. The average time these 129 general managers had spent with their current company was 10.33 years. (Take it as known that the standard deviation of time with the company for all general managers is 2.1 years.)

(a) Find the margin of error for an 85% confidence interval to estimate the mean time a general manager had spent with their current company: _____ years

(b) Find the margin of error for a 99% confidence interval to estimate the mean time a general manager had spent with their current company: _____ years

XYZ hotel uses approximately 200 towels daily. It operates 250 days a year. Assuming, lead time is normally distributed with a mean of 2 days and a standard deviation of 0.5 day. The management desires 90 percent service level. Annual carrying costs is $0.8 per towel, and ordering costs is $20. Given the production rate for the towel = 600 towels per day.

1. Determine the optimal order quantity?
2. Determine Safety Stock?
3. The sales people have recently told the top management that they could expect $200 improvement in profit if the service level were increased to 99%. Is it worthwhile for XYZ hotel to make this change?

Consider the following two products: ‘coffee’ sold in a café and ‘hotel accommodation’ in Sydney during the Olympic Games. Which product would have a higher price elasticity of supply in absolute value? Explain your answer including identifying the determinant of elasticity. (1 mark) – Word count 60

GIVE THE ANSWER WITH THE DETERMINENTS OF SUPPLY. SUCH AS

1.Length of time involved in production.

2.Availability of inputs.

3. Existing capacity.

4. Inventories held.

5. Type of industry.

ALSO INCLUDE WHAT KIND OF PRICE ELASTICITY OF SUPPLY IS COFFEE AND HOTEL ACCOMMODATION (INELASTIC/ELASTICS/PERFECT ELASTIC/PERFECT INELASTIC/UNIT ELASTIC ETC)

At year-end (December 31), Chan Company estimates its bad debts as 0.60% of its annual credit sales of $665,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $333 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.
Prepare Chan's journal entries for the transactions.

• Record the estimated bad debts expense.
• Wrote off P. Park's account as uncollectible.
• Reinstated Park's previously written off account.
• Record the cash received on account.

6 Food AND Beverage

As you learned in your Reading, procurement or purchasing is the precursor to the rest of the foodservice management system. In this Journal assignment, you will decide both a purchasing method and process based on your understanding of the readings. Read the scenario and address the checklist items in a thorough response. Scenario: You are the new Beverage Manager at a new large hotel that has banquets and has several restaurants. You are tasked with deciding on the purchasing method and process for purchasing all the alcoholic beverages at the hotel. Checklist: Identify and explain the purchasing method will you use and why. Provide the purchasing process will you use and explain why.

250 word minimum

QUESTION ONE
The data below represent statistics and probability end of semester examination marks of 30
students randomly selected from the population of students who registered for probability and
statistics during 2018/2019 academic year.
16 51 36 45 23 48
37 19 28 28 25 36
76 22 27 18 28 42
38 47 44 29 37 42
27 33 35 46 28 27
Using sturge’s approximation rule with all your answers in one decimal place,
construct a frequency distribution table as follows
Class
Boundary
Tally Frequency Class
midpoint
CF FX FX^2
Calculate the coefficient of skewness for the data set and interpret our result.

QUESTION TWO
Suppose that the operations manager of a nose mask packaging delivery service is
contemplating the purchase of a new fleet of trucks during this COVID-19 period. When
packages are efficiently stored in the trucks in preparation for delivery, two major constraints
have to be considered. The weight in pounds and volume in cubic feet for each item. Now
suppose that in a sample of 200 packages the average weight is 26.0 pounds with a standard
deviation of 3.9 pounds. In addition suppose that the average volume for each of these
packages is 8.8 cubic feet with standard deviation of 2.2 cubic feet. How can we compare the
variation of the weight and volume?

QUESTION THREE
The marketing director of GH HOTEL was interested in studying the intention of consumers
to visit their facility after the president has fully lifted the restriction on public gathering in
2020 and as a follow- up, whether they in fact actually visited. Suppose that a sample of 1000
household was initially selected and the respondents were asked whether they planned to visit
GH HOTEL. Twelve months later the same respondents were asked whether they actually
visited the hotel. The results are summarized in the table below
Planned to visit
Actual visit
Yes No Total
Yes 200 50 250
No 100 650 750
Total 300 700 1000
i. Draw a tree diagram to represent the information in the table.
ii. Find the probability of selecting a respondent who actually visited GH HOTEL.
Interpret your answer in a simple single sentence.
iii. Find the probability of panned visit or actual visit.
iv. Calculate the probability that a respondent actually visited GH HOTEL given that he
or she planned to visit GH HOTEL

Question B3

Recently the employees of Ming News Ltd received a letter from the director of operations, Alex, explaining that a new production plant would be built in the New Bay Area. The letter also stated that about 80% of the employees from the current office would be transferred to the new plant and if employees wanted to volunteer for the transfer, they could inform the human resource manager. Tom, a production trainee, first went to David, the production manager, who had already volunteered to transfer, to discuss with him the benefit and career opportunity at the new plant. David shared with Tom about Alex’s new model of operation in the new office. It will take care of employee satisfaction. The new plant will take care to ensure employees have the best conditions to perform, ranging from free snack bars, sports facilities, a medical clinic, and so on.

Which dimension of organisational culture is Ming News Ltd going to emphasise in the new plant?

Question B4

ABC is a large hotel group with four hotels in the city. Last month, there was an outbreak of a disease in one of the hotels. About ten guests were sick and sent to hospitals for treatment. Luckily, there was no fatal case. Later, it was confirmed that the cleaning work of that hotel had not been done well. The government also investigated the incident that happened in this hotel. The hotel had to close for three days for throughout cleaning work before it could re-open to receive new guests. The hotel appointed Susan Wong, the assistant executive manager, to follow up the case to resolve various problems. She first supervised the cleaning work. Also, she had to investigate the causes leading to the incident and found out who were responsible for such outbreak. Lastly, she would make recommendations to top management on how to avoid the occurrence of similar problem in future.

Based on the above case, identify the Mintzberg's specific managerial role (other than the monitor role) performed by Susan Wong in managing the incident in this hotel group.

Question B5

Google has made some tremendous efforts in going green by slashing their energy usage and supporting green energy projects. For instance, Google has constructed one of the world’s most energy efficient data centers and continuously campaigns for the need for energy conservation and the use of renewable energy sources as well as clean energy products. Google has supported and funded green energy projects by buying and installing numerous windmills and solar panels. It looks for a way to protect the earth’s natural resources.

Based on the above case, identify the approach that Google has applied when going green.(2marks)

Yellowstone Mining Company had total depletable capitalized costs of $665,000 for a mine acquired in early 2019. It was estimated that the mine contained 950,000 tons of recoverable ore when production began. During 2019, 47,500 tons were mined, and 174,800 tons were mined in 2020. Required: 1. Compute the depletion expense in 2019 and 2020 for financial accounting purposes. 2-a. In 2019, 47,500 tons of ore were sold for $475,000. For tax purposes, operating expenses of the mine were $600,000. The taxpayer may deduct either cost depletion or percentage depletion, which for the type ore produced is 8 percent of production sold from the mine. (Assume, however, that percentage depletion is limited to the amount of net income from the property.) What would be the amount of percentage depletion allowable in 2019? 2-b. What would be the amount of cost depletion allowable for tax purposes in 2019, assuming that capitalized mineral costs are the same for tax purposes as for financial accounting purposes? 2-c. What will be the amount of depletion based on cost that the company could deduct on its tax return in 2020 if it deducts percentage depletion in 2019? 2-d. Suppose that in the first three years of the mine’s life, the company took percentage depletion totaling $820,000. In the fifth year of the mine’s life, production proceeds were $5,300,000. How much percentage depletion could the company deduct in the fifth year, considering allowable percentage depletion rate is 8%?

Acme Materials Company manufactures and sells synthetic coatings that can withstand high temperatures. Its primary customers are aviation manufacturers and maintenance companies. The following table contains financial information pertaining to cost of quality (COQ) in 2019 and 2020 (in thousands of dollars):

Required:

1. Classify the cost items in the table into cost-of-quality (COQ) categories.

2. Calculate the ratio of each COQ category to revenues in each of the 2 years.

3. Calculate the percentage change in each COQ category and total COQ and comment on the results:

a. Percentage change in total COQ as a percentage of sales, from 2019 to 2020;

b. Total COQ in 2020 expressed as a percentage of 2019 sales dollars;

c. Percentage change in total prevention costs, 2019 to 2020;

d. Percentage change in total appraisal costs, 2019 to 2020;

e. Percentage change in total internal failure costs, 2019 to 2020;

f. Percentage change in total external failure costs, 2019 to 2020.

1. Write an introduction about the thermal and mechanical properties of stainless steel and how it is suited to the construction industry

2. Write an introduction about the fire testing in stainless steel

3. identify problems situated to stainless steel e.g. cost etc

4. Write up a scope based on this topic