Exploring a Hotel Franchise technology (Example Hotel 1,000 Seatle). Your job is to complete a very thorugh detailed report on a hotel that is known for thier use of technology. Imagine you are the consumer and detailed very well eberything the consumer needs to know about that hotel. Breakdown each individual technology that is being used and how its being used to better the performance of the hotel. Why should these consumer consider the hotel that was picked and what are some uses that hotel havn't used that you think would benefit the hotel. Does the hotel have any plans to implement these technology in the future if not how would implement these in the futre. Give a small history lesson on the hotel and why the hotel decided to have technology play such a huge role.

Devos Inc. is building a hotel. It will have 4 kinds of rooms: suites where customers can smoke, suites that are non-smoking, budget rooms where the customers can smoke, and budget rooms that are non-smoking. When we build the hotel, we need to plan for how many rooms of each type we should have. The following are requirements for the hotel:

1. We want to figure out how many rooms of each type to build based on maximizing revenue if we fill up the hotel. We expect to charge $190 for a suite that is non-smoking and $140 for a budget room that is non-smoking. Smoking room customers for both suites and budget rooms will have to pay an additional $20 per night.
2. We can spend up to $7,500,000 on construction of our hotel. The cost to build a non-smoking budget room is $12,000. The cost to build a non-smoking suite is $15,000. It is $3,000 additional for a smoking room of either type for smoke detectors and sprinklers.
3. We require that the number of budget rooms be at least 1.5 times the number of suites, but no more than 3 the number of suites.
4. There needs to be at least 80 suites, but no more than 200.
5. Industry trends recommend that smoking rooms should be less than 50% of the non-smoking room and in addition, we require our builder gives us at least 4 smoking rooms.

Q4 Hotel California has 160 rooms. The hotel has an ample low-fare demand at the room rate of $200 per night, but the demand from the high-fare class which pays $450 per night on average, is uncertain. Table below shows the number of high-fare rooms that were booked during the past 30 days. How many rooms should Hotel California protect for high-fare customers to maximize its expected revenue? (6 points)

Springfield Acting Co. is a professional actor training group that trains stage actors and is headquartered in Los Angeles. The CEO of the company, Milhouse Van Houton, is considering expanding and opening an office in New York City but he just received an interesting business opportunity in the San Francisco area to partner with a movie production company located there. Milhouse knows he can only accept one of these opportunities at the current time. He has already purchased his non-refundable ticket to New York, but his hotel reservation is still cancelable. The cost of each trip is outlined below.

Required:

1. What are the relevant costs of each trip?
2. What is the incremental cost?
3. Without considering qualitative factors (thus use numbers to analyze), which alternative should Milhouse choose? Why?
4. What are two qualitative factors that Milhouse might consider?

( C++ ) Occupancy rate is often considered to be one of the top three most useful metrics for hotel owners. Generally speaking, those working in the hotel industry should be aiming for a high occupancy rate, because this indicates that space is being used efficiently.

The occupancy rate of a hotel is expressed as a percentage. So, for example, if a hotel has 100 rooms available to be sold and 60 of those rooms are occupied, the occupancy rate would be 60 percent.

How to Calculate Occupancy Rate

The occupancy rate can be calculated with the following formula:

Occupancy Rate = Number of Occupied Rooms / Total Number of Available Rooms

Example: If your hotel has 220 rooms and 210 of the rooms are occupied:

210 / 220 = 0.95 = 95 percent occupancy rate.

Program Description

Write a program that calculates the occupancy rate for a hotel. The program should start by asking the user how many floors the hotel has. Use the following message for the prompt: "How many floors does the hotel have? ".

A loop should then iterate once for each floor. In each iteration, the loop should ask the user for the number of rooms on the floor and how many are occupied. Use the following messages for the prompts:

"\nEnter the number of rooms on floor <floor number>: " and "\nHow many rooms are occupied on floor <floor number>? ".

Note: <floor number> should be substituted whith the floor number.

After all the iterations complete, the program should display a report similar to the following:

Total number of rooms: 330
Occupied rooms: 264
Unoccupied rooms: 66
Occupancy Rate: 0.80

Note: A new line should be displayed before the report is displayed and the occupancy rate should be displayed with 2 digits after the decimal.

Hint: Your program should use 2 accumulators to keep track of the total number of rooms in the hotel and how many rooms are occupied. Don't forget to initialize these variables to zero.

Input Validation

• Number of floors must be 1 or greater.
• Number of rooms on a floor must be 10 or greater.
• Number of occupied rooms must be a number between 0 and the number of rooms on that floor.

Loops should be used to continue prompting the user for input, until it is valid. If invalid input is entered, an error message should be displayed and the input should be read again. Use the error messages below.

Error messages:

• "\n->Number of floors must be 1 or greater. Try again: "
• "\n->Number of rooms must be 10 or greater. Try again: "
• "\n->Number of occupied rooms must be between 0 and <max rooms>. Try again: "

Note: <max rooms> should be replaced with the maximum number of rooms on the respective floor.

Reminder

Don't forget that to avoid integer division, one of the operands should be a floating point number. One way to avoid this is to use the static_cast operator to convert one of the operands to a double before dividing. Keep this in mind when you calculate the occupancy rate.

CREATE TABLE Hotel

(

roomNumber     INTEGER         PRIMARY KEY,

type                  CHAR(10)         NOT NULL,

rate                   INTEGER         NOT NULL,

--

CONSTRAINT IC1 CHECK (type IN ('suite', 'king', 'queen')),

CONSTRAINT IC2 CHECK (type <> 'suite' OR rate > 200),

CONSTRAINT IC3 CHECK (NOT (type = 'king' AND (rate < 80 OR rate > 220))),

CONSTRAINT IC4 CHECK (NOT (type = 'queen' AND rate >= 100))

);

which 8 of these inserts will be rejected only 8 are rejected

1. A single community is comprised of just three voters i = {1, 2, 3}, each of whom have differing tastes for public parks, as described by the following three demand functions.

q₁ = 100 – 2p

q₂ = 110 – 2p

q₃ = 126 – 2p  

(a)        Public parks are a local public good. Assuming that the marginal cost to society,

mc^s, of providing each unit of park space is $90, what is the socially optimal quantity of parks? Provide a graph with your answer. Please show all of your work. 3pt

(b)        Assume that the price tag for each unit of park is split evenly across the community

members so that the marginal cost to each member is just $30. At this price, what is

each member’s optimal quantity of park space? Is there unanimity across the three individuals regarding the desired level of park space? 3pt

(c)        Using Lindahl pricing (aka Lindahl taxing), what price schedule would guarantee unanimous agreement across all three members and would also yield a socially optimal outcome? Please show your work. 3pt

2. Please refer back to Q1 when answering the following questions.

(a)        Draw each individual’s demand curve for park space. Then calculate each person’s

consumer surplus at each of the three optimal quantities. Please show your work. 3pt

                        Hint: remember that each person must pay $30 per unit of park space consumed.

(b)        Using the consumer surplus calculations from Q2(a), fill in the following table by

assigning a rank to each person’s park space options. 3pt    

(c)        In a political environment with direct democracy through majority rule, which of the

three park space alternatives will consistently win a series of pair-wise votes? 3pt

d) Is the winning option aligned with what would be predicted by the median voter

            theorem? Is this outcome socially optimal? Explain why or why not. 3pt  

You have been appointed as the Finance Manager of Shangpuri Hotel Bhd. As a finance manager, you are evaluating Project PJ10B, an investment project, and TWO (2) other additional projects namely Project Bee and Project Cee. You are required to deliver a comprehensive report explaining the application of numerous financial practices for valuing investment projects for the board of directors’ strategic decision. Your finance department has forecasted cash flows to assess the viability of Project PJ10B, Project Bee, and Project Cee incorporating risk into the calculations.

Additional information:

1. Current dividend for Shangpuri Hotel Bhd’s ordinary stock is RM2.50 and dividend growth rate is 6%.

2. Shangpuri Hotel Bhd is planning to issue new ordinary stock at RM50 with a flotation cost of 9%.

3. The company’s bond is paying a 6% coupon payment. Corporate tax stood at 30%.

4. Shangri Hotel Bhd’s capital structure comprising of 40% debt and 60% common stock.

Information related to Project PJ10B

The cost of this investment is RM1,200,000.

The investment is estimated to effectively contribute for 3 years. Ignore the residual value.

Depreciation for the Project PJ10B is subject to a straight-line method.

Further, yearly cash inflow is estimated at $900,000 and cash outflow RM400,000 per year. Cash inflow and outflow in entitle for tax benefit.

Finance department estimates discount factor at 7.0%.

Information related to Project Bee

1. Cost of this investment is RM120,000

2. Finance department estimates discount factor at 8.0%.

3. Ignore tax and depreciation.

Information related to Project Cee

1. Cost of this investment is RM120,000

2. Finance department estimates discount factor at 8.0%.

3. Ignore tax and depreciation.

Required:

QUESTION 1

a. Calculate the cost of new ordinary stock for Shangpuri Hotel Bhd. The current dividend for the ordinary stock is $2.50 and the dividend is expected to grow at 6%.

b. Explain THREE (3) advantages and THREE (3) disadvantages of equity financing.

c. Calculate cost of debt for Shangpuri Hotel Bhd

d. Explain THREE (3) advantage and THREE (3) disadvantages of debt financing.

e. Calculate the weighted average cost of capital for the company

f. Explain FIVE (5) uses of WACC.

QUESTION 2

a. Calculate NPV for Project PJ10B based on discount factor of Shangpuri Hotel Bhd.

b. Calculate NPV for Project PJ10B based on WACC of Shangpuri Hotel Bhd.

c. Calculate IRR for Project PJ10B

d. Explain FIVE (5) conflicts between NPV and IRR

QUESTION 3

a. Calculate expected Annual Cash flow from Project Bee

b. Calculate expected Annual Cash flow from Project Cee

c. Calculate NPV and IRR from Project Bee assuming discount factor stood at 8% & Project Bee’s life span is 6 years.

d. Calculate NPV and IRR from Project Cee assuming discount factor stood at 8% & Project Cee’s life span is 6 years.

QUESTION 4

a. Provide overall recommendation to Shangpuri Hotel Bhd Board of Directors on the viability of

             i. Project PJ10B.

ii. Project Bee.

iii. Project Cee.

(15 marks

b. Prepare an executive summary

Q-1

# of workers   Output (flags(

0 0

1         50

2       110

3 180

4 260

5            350

The table shows the number of flags that can be made per month depending on the number of workers at Acme Flag Company. Does the Acme Flag Company experience the law of diminishing returns in the table above?

Q-2

The major characteristic of a monopoly is

Q-3

Ceteris paribus, the demand curve faced by a firm that is a monopoly will be ______the demand curve faced by a firm in perfect competition.

Q-4

As output increases, marginal cost

Q-5

   # of workers   Output (flags)

      0    0

1     50

2 110

  3    180

4 260

3    350

The table shows the number of flags that can be made per month depending on the number of workers at Acme Flag Company. The price that Acme can charge for flags is $20. What is the average product of the 4th worker?

Q-7

Long-run competitive equilibrium implies that

Q-9

Which of the following statement is true?

Q-11

A price ceiling _______ output and ________ price in a monopoly market.

Q-13

Economic theory suggests that a monopoly is the best form of business organization when

Q-15

If a local movie theater is a monopolist, price discrimination means that;

Q-16

Monopolies generally offer consumers ___ and ____ than competitive firms.

Q-16

f output changes in fixed proportion to a change in all of a firm's productive resources, the firm has

Q-17

Profits for the profit maximizing monopolist will equal

Q-18

Unlike a firm in perfect competition, a monopolist may be able to

20

he point of diminishing returns occur at the point where

The 3.8% additional Medicare surtax is paid by employees on their wages in excess of $250,000 MFJ ($200,000 Single, $125,000 MFS), while the 0.9% additional Medicare tax is paid on the lesser of net investment income or modified adjusted gross income (MAGI) over certain threshold amount (MFJ $250k, MFS $125k, Single $200k).

True

False