Questions
Please answer in 250-350 words please. What is a PMS? What are the key features PMS...

Please answer in 250-350 words please.

What is a PMS? What are the key features PMS should have to operate the hotel more effectively and efficiently? What other systems should PMS be seamlessly connected for better communication and management from the operators’ perspectives?

In: Operations Management

please share your opinons As an HR director of 5 starts hotel, what can you do...

please share your opinons

As an HR director of 5 starts hotel, what can you do to create employee engagement during this COVID-19 for:

Your work from home (WFH) employee, your unpaid employees and your active working employees.

In: Operations Management

Explain the general concept behind rotary aircraft structure and construction methods. And describe the airworthiness requirements...

Explain the general concept behind rotary aircraft structure and construction methods.
And describe the airworthiness requirements applicable to the design and construction of a typical rotary aircraft fuselage and system such as phlone, fule storage and symmetry

In: Mechanical Engineering

How did modern construction learn from ancient constructions, building materials and technologies? How could the oldest...

How did modern construction learn from ancient constructions, building materials and technologies? How could the oldest building materials be applied to today’s construction? Or could it be modified to fit our needs?

In: Civil Engineering

Hello , i need an essay about 1500 words for course civil engineering construction and economy...

Hello , i need an essay about 1500 words for course civil engineering construction and economy related to this topic :

IOT (internet of things ) Applications in construction   ..

please help me with it and thanks in advanced

In: Civil Engineering

Topic: Construction - Engineered Wood Products (1 paragraph minimum please include reference if using one) Discuss...

Topic: Construction - Engineered Wood Products

(1 paragraph minimum please include reference if using one)

Discuss the significance and relevance in modern construction means and methods, of the use of "engineered wood products".

In: Civil Engineering

As the manager of a local hotel chain, you have hired an econometrician to estimate the...

  1. As the manager of a local hotel chain, you have hired an econometrician to estimate the demand for one of your hotels (H). The estimation has resulted in the following demand function:

QH = 3,000 – PH – 1.8PC – 2.5PSE + 2.4POH + .01M, where,

PH is the price of a room at your hotel, PC is the price of concerts in your area,

PSE is the price of sporting events in your area,

POH is the average room price at other hotels in your area, M is the average income in the United States.

What would be the impact on your firm of each following scenarios?

(all answers should indicate the precise increase or decrease in the number of rooms rented)

  1. A $4,000 increase in income?
  2. A $30 reduction in the price charged by other hotels?
  3. A $40 increase in the price of tickets to local sporting events?
  4. A $25 increase in the price of concert tickets, accompanied by a $500 decrease in income?

In: Economics

Carolyn and Sanjay are neighbors. Each owns a car valued at $10,000. Neither has comprehensive insurance...

Carolyn and Sanjay are neighbors. Each owns a car
valued at $10,000. Neither has comprehensive insurance
(which covers losses due to theft). Carolyn’s
wealth, including the value of her car is $80,000.
Sanjay’s wealth, including the value of his car is
$20,000. Carolyn and Sanjay have identical utility
of wealth functions, U(W) = W0.4. Carolyn and
Sanjay can park their cars on the street or rent space
in a garage. In their neighborhood, a street-parked
car has a 50% probability of being stolen during the
year. A garage-parked car will not be stolen.
a. What is the largest amount that Carolyn is willing
to pay to park her car in a garage? What is the
maximum amount that Sanjay is willing to pay?
b. Compare Carolyn’s willingness-to-pay to Sanjay’s.
Why do they differ? Include a comparison
of their Arrow-Pratt measures of risk aversion.
(Hint: See Solved Problem 16.4.) M

In: Economics

Consider eruptions of Old Faithful geyser in Yellowstone National Park. The distribution of eruptions is said...

Consider eruptions of Old Faithful geyser in Yellowstone National Park. The distribution of eruptions is said to be roughly normal and based on a study done in the park in 2011 has a mean time between eruptions of 93 minutes with a standard deviation of 9.5 minutes.

A)You have watched the Geyser erupt, but your friend missed it. What is the probability that he will have to wait less than an hour to see it?

B)What is the probability your friend has to wait more than 100 minutes to see the eruption?

C)Suppose you decide to study this geyser over an extended period. You watch 20 eruptions and record the time between each. What is the probability that the mean from your sample is more than 100 minutes (assuming that the original data is true)?

D)What would our probability be if we studied 60 eruptions instead?

In: Statistics and Probability

A travel analyst claims that the mean room rates at a three-star hotel in Chicago is...

A travel analyst claims that the mean room rates at a three-star hotel in Chicago is greater than $152. In a random sample of 36 three-star hotel rooms in Chicago, the mean room rate is $160 with a population standard deviation of $41. At α=0.10, what type of test is this and can you support the analyst’s claim using the p-value? Claim is the alternative, reject the null as p-value (0.121) is not less than alpha (0.10), and can support the claim Claim is the null, fail to reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim Claim is the null, reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim Claim is the alternative, fail to reject the null as p-value (0.121) is not less than alpha (0.10), and cannot support the claim

In: Statistics and Probability