Two airplanes in a show are performing an act called a near miss, in which they start over opposite ends of the show (in the air), head directly toward one another, and then roll at the last second to avoid collision. Suppose the roll is supposed to happen in front of the announcer
In: Physics
Software testing occurs near the end of the programming process. Because of this, if a project falls behind schedule, testing time is often reduced. Discuss the possible impacts of less-than-thorough testing. Topics might include company reputation, customer dissatisfaction, the company’s ability to sell new or updated products, etc. Discuss which is worse: releasing a product late or releasing it on time without fully testing it. "please answer based on arguments"
In: Computer Science
Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of it car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled:
| Month | Rental Returns | Car Wash Costs | |||
| January | 2,400 | $ | 11,400 | ||
| February | 2,500 | $ | 13,300 | ||
| March | 2,800 | $ | 12,200 | ||
| April | 3,100 | $ | 14,900 | ||
| May | 3,700 | $ | 16,600 | ||
| June | 5,100 | $ | 24,100 | ||
| July | 5,600 | $ | 22,600 | ||
| August | 5,600 | $ | 23,200 | ||
| September | 4,800 | $ | 23,200 | ||
| October | 4,100 | $ | 22,300 | ||
| November | 2,200 | $ | 11,100 | ||
| December | 3,000 | $ | 15,600 | ||
2. Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)
In: Accounting
Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of it car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled:
| Month | Rental Returns | Car Wash Costs | |||
| January | 2,400 | $ | 10,900 | ||
| February | 2,500 | $ | 13,100 | ||
| March | 2,700 | $ | 11,700 | ||
| April | 3,000 | $ | 14,100 | ||
| May | 3,600 | $ | 16,100 | ||
| June | 5,000 | $ | 23,100 | ||
| July | 5,500 | $ | 22,100 | ||
| August | 5,500 | $ | 21,900 | ||
| September | 4,700 | $ | 22,700 | ||
| October | 4,000 | $ | 20,800 | ||
| November | 2,200 | $ | 10,600 | ||
| December | 2,800 | $ | 13,900 | ||
Exercise 5A-2 Part 2
2. Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)
In: Statistics and Probability
Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled:
| Month | Rental Returns | Car Wash Costs | |||
| January | 2,500 | $ | 11,700 | ||
| February | 2,500 | $ | 13,500 | ||
| March | 2,800 | $ | 12,500 | ||
| April | 3,100 | $ | 15,300 | ||
| May | 3,700 | $ | 16,900 | ||
| June | 5,200 | $ | 24,700 | ||
| July | 5,600 | $ | 22,900 | ||
| August | 5,700 | $ | 23,900 | ||
| September | 4,800 | $ | 23,500 | ||
| October | 4,500 | $ | 23,200 | ||
| November | 2,300 | $ | 11,400 | ||
| December | 3,100 | $ | 16,700 | ||
Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round your Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)
In: Accounting
Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled:
| Month | Rental Returns | Car Wash Costs | |||
| January | 2,500 | $ | 12,100 | ||
| February | 2,600 | $ | 13,700 | ||
| March | 2,800 | $ | 12,900 | ||
| April | 3,200 | $ | 15,900 | ||
| May | 3,700 | $ | 17,300 | ||
| June | 5,300 | $ | 25,500 | ||
| July | 5,600 | $ | 23,300 | ||
| August | 5,800 | $ | 24,900 | ||
| September | 4,800 | $ | 23,900 | ||
| October | 5,200 | $ | 24,400 | ||
| November | 2,300 | $ | 11,800 | ||
| December | 3,200 | $ | 18,100 | ||
Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)
In: Accounting
One of the most popular tourist destinations in the US is Las Vegas. Unlike many other destinations in the US, price discrimination is common in Las Vegas, with many businesses regularly offering discounts to local residents for food and drink, entertainment and even hotel rooms. Why do you suppose these local’s discounts are common in Las Vegas but not other US cities? How is this pricing policy similar to the one described for the Buddhist temple in Laos?
In: Economics
Do you think the price elasticity of either supply or demand for airline flights to France (from the U.S.) will increase, decrease, or remain the same for each event? Explain your answer.
Relations between the US and France break down, causing Americans to need an expensive visa to visit.
The price of oil for airlines increases.
The price of baguettes falls.
The French real estate market takes a dive, causing AirBnB and hotel prices to drop significantly.
In: Economics
Cindy moved to Seattle from Portland to work as a software engineer in 2002. Assume she meets the duration test. She incurs moving expenses of: $10,000 for the movers (she could have paid $5,000 for a cheaper moving company); hotel fees of $1,000 on route to Seattle, $100 in meals while on route to Seattle, and closing costs of $3,000 for her new home. All of these fees qualify for the moving expense deduction.True/False and Explain.
In: Accounting
Consider the game of craps designed by Econ 261 Hotel students. The game consists of rolling two fair six-sided dice. You win a dollar if the sum of the dots on the two dice is 2, 3, 4, or 5; if the sum of the dots on the two dice is 9, 10, 11, or 12 you lose a dollar. You win nothing, (that is you get $0) if the sum is 6, 7, or 8. The variance of X, Var(X) is:
In: Statistics and Probability