Questions
1. Scenario: A local park is being converted into a COVID-19 testing site. Describe the internal...

1. Scenario: A local park is being converted into a COVID-19 testing site. Describe the internal and external stakeholders, and their importance.

2. Why is it important for a project manager to access the performance of individual team members and the project team as a whole?

3. Describe a possible imbalance between a project manager's authority and responsibility. What type of impact could it have on the project?

In: Operations Management

You watched the video “Hard Rock Café” to learn about capital budgeting techniques in practice. What...

You watched the video “Hard Rock Café” to learn about capital budgeting techniques in practice. What did you learn about how Hard Rock’s investment in Hard Rock Park turned out? What lessons about capital budgeting can you learn from this case?

Video: https://www.youtube.com/watch?v=nAJHUDrcAQg

In: Finance

Consider the following data on distances traveled by 100 people to visit the local park. distance...

Consider the following data on distances traveled by 100 people to visit the local park.

distance

frequency

1-8

30

9-16

25

17-24

25

25-32

10

33-40

10


Expand and construct the table adding columns for relative frequency and cumulative relative frequency. Then plot Histogram, Frequency Polygon and Ogive Curve.

In: Math

Fadwa is the general manager at the 125-room select-service. Fadwa has just taken a call from...

Fadwa is the general manager at the 125-room select-service. Fadwa has just taken a call from Lawrence's hotel. Because of an internal oversight, Lawrence's hotel is overbooked by 70 group rooms next Saturday. Lawrence would like to purchase that number of rooms from Fadwa at their previously agreed upon walk rate of $75 per night. Fadwa's normal ADR is $129.00 and her cost of cleaning a room is $17. Currently, Fadwa had 55 occupied rooms (arrivals and stayovers) on the books for that day. She forecast that she could sell, at her normal ADR, another 30 rooms by Saturday. Fadwa typically generates $8 in ancillary revenue from each of her occupied rooms. Before replying to Lawrence's request, she summarized her forecasted rooms sale-related information in a chart so she could better understand the impact of accepting or rejecting Lawrence's walked guests. FILL IN THE CHART AND ANSWER THESE QUESTIONS BELOW

Harley House Hotel: Saturday Forecast
Total rooms available for sale 125
Current rooms sold forecast 55
Additional rooms to be sold forecast 30
Walk rooms requested 70
Normal ADR $129.00
Walk rooms ADR $75.00
Ancillary revenue per room $8.00
Room cleaning cost $17.00
Next Saturday Night With Lawrence Walks Without Lawrence Walks
Rooms Sold
ADR $129.00
Total Rooms Revenue Estimate
Daily per Room Ancillary Revenue $8.00 $8.00
Total Rooms plus Ancillary Revenue
RevPOR
Rooms Dept. Cost POR
Net Total Revenue

a. What would be Fadwa’s ADR if she accepted all of Lawrence’s walked rooms?

Answer:

b. What would be Fadwa’s RevPOR with the walked rooms?

Answer:

c. What would be Fadwa’s RevPOR without the walked rooms?

Answer:

d. What would be the net total revenue (RevPOR – Rooms dept. cost POR) difference in her hotel's revenue if Fadwa agree to take the rooms?

Answer:

e. What would be the percentage difference in her hotel’s net total revenues if Fadwa agree to take the rooms?

Answer:

f. If you were Fadwa, would you accept the walked rooms from Lawrence’s hotel? Why or why not.

Answer:

In: Finance

Georgia Movie Company has a capital structure with 50.00% debt and 50.00% equity. The cost of...

Georgia Movie Company has a capital structure with 50.00% debt and 50.00% equity. The cost of debt for the firm is 9.00%, while the cost of equity is 12.00%. The tax rate facing the firm is 35.00%. The firm is considering opening a new theater chain in a local college town. The project is expected to cost $12.00 million to initiate in year 0. Georgia Movie expects cash flows in the first year to be $2.62 million, and it also expects cash flows from the movie operation to increase by 4.00% each year going forward. The company wants to examine the project over a 11.00-year period.

What is the WACC for this project?

What is the NPV of this project? (express answer in millions, so 1,000,000 would be 1.00)

In: Finance

Brainstorm common items that you think consumers pay too much for or that you think are overpriced

 

  • Brainstorm common items that you think consumers pay too much for or that you think are overpriced (i.e. movie theater popcorn, brand name items, souvenirs,, etc.). Now think of something more specific, either something that you or someone who know has purchased. For example, I know someone with a baby who was traveling and purchased a small pouch of baby food for $2.00, when even more baby food could have been purchased in a jar for around $0.50.
  • Write about your example, then use the principles you’ve learned about (like scarcity, opportunity cost, rationality, and marginal analysis) to explain why a person would make the decision to purchase that good.

In: Economics

For each of the following businesses, what are four nonfinancial measures that might be useful for...

For each of the following businesses, what are four nonfinancial measures that might be useful for helping management evaluate the success of its strategies?

__ Grocery store

__ Hospital

__   Auto manufacturer

Law office

_   Coffee shop

__   Movie theater

YOUR TASKS

1.       YOU HAVE TO PICK UP ANY ONE BUSINESS FROM ABOVE AND DRAW UP A BALANCE SCORE CARD AS SHOWN BELOW.ANY EFFORT TO COPY FROM OTHER WORK WOULD RESULT IN CHEATING OUR OWN SELVES AND LIMITING GROWTH OF MIND. (5)

2.       YOU HAVE TO MAKE ATLEAST TWO COMMENTS ON BALANCE SCORE CARD MADE BY OTHERS IN THE DISCUSSION TRAIL.DO NOT CRITICISE BUT RATHER SUGGEST WAYS TO IMPROVE. (5)

In: Accounting

For each of the following businesses, what are four nonfinancial measures that might be useful for...

For each of the following businesses, what are four nonfinancial measures that might be useful for helping management evaluate the success of its strategies?

__ Grocery store

__ Hospital

__   Auto manufacturer

Law office

_   Coffee shop

__   Movie theater

YOUR TASKS

1.       YOU HAVE TO PICK UP ANY ONE BUSINESS FROM ABOVE AND DRAW UP A BALANCE SCORE CARD AS SHOWN BELOW.ANY EFFORT TO COPY FROM OTHER WORK WOULD RESULT IN CHEATING OUR OWN SELVES AND LIMITING GROWTH OF MIND. (5)

2.       YOU HAVE TO MAKE ATLEAST TWO COMMENTS ON BALANCE SCORE CARD MADE BY OTHERS IN THE DISCUSSION TRAIL.DO NOT CRITICISE BUT RATHER SUGGEST WAYS TO IMPROVE. (5)

In: Accounting

a volume of 400 ml ringers lactate was started at 2000 it is infusing at a...

a volume of 400 ml ringers lactate was started at 2000 it is infusing at a rate of 90 miles per hour what is the total infusion time what is the completion time

In: Nursing

Tobacco Company of America is a very stable billion-dollar company with sales growth of about 5...

Tobacco Company of America is a very stable billion-dollar company with sales growth of about 5 percent per year in good or bad economic conditions. Because of this stability (a correlation coefficient with the economy of +.3 and a standard deviation of sales of about 5 percent from the mean), Mr. Weed, the vice-president of finance, thinks the company could absorb some small risky company that could add quite a bit of return without increasing the company’s risk very much. He is trying to decide which of the two companies he will buy. Tobacco Company of America’s cost of capital is 10 percent.

Computer Whiz Company (CWC)
(cost $75 million)

American Micro-Technology (AMT) (cost $75 million)

Probability

Aftertax Cash Flows for 10 Years
($ millions)

Probability

Aftertax Cash Flows for 10 Years
($ millions)

0.3

$ 6



0.2

$(1)

0.3

10



0.2

3

0.2

16



0.2

10

0.2

25



0.3.

25





0.1

31

a. What is the expected cash flow for each company?

b. Which company has the lower coefficient of variation?

c. Compute the net present value of each company.

d. Which company would you pick, based on net present values

In: Finance