A hotel wanted to develop a new system for delivering room service breakfasts. In the current system, an order form is left on the bed in each room. If the customer wishes to receive a room service breakfast, he or she places the order form on the doorknob before 11p.m. The current system requires customers to select a 15-minute interval for desired delivery time (6:30~6:45a.m., 6:45~7:00a.m., etc.). The new system is designed to allow the customer to request a specific delivery time. The hotel wants to measure the difference (in min.) between the actual delivery time and the requested delivery time of room service orders for breakfast (negative time means that the order was delivered before the requested time, whereas the positive time means that the order was delivered after the requested time). The factor included were the menu choice (American and Continental) and the desired time period in which the order was to be delivered (Early Time Period [6:30~8:00a.m.] or Late Time Period[8:00~9:30a.m.]). Ten orders for each combination of menu choice and desired time period were studied on a particular day, and the data were stored
| Type | Early | Late |
| Continental | 1.4 | -2.0 |
| Continental | 1.8 | 3.1 |
| Continental | 3.3 | -0.5 |
| Continental | 4.4 | 0.9 |
| Continental | 4.4 | 1.2 |
| Continental | 5.3 | -0.1 |
| Continental | 2.2 | -1.3 |
| Continental | 1.2 | 0.2 |
| Continental | 5.4 | -0.5 |
| Continental | 1.4 | 3.8 |
| American | 4.4 | 6.0 |
| American | 1.1 | 2.3 |
| American | 4.8 | 4.2 |
| American | 8.4 | 3.8 |
| American | 6.7 | 5.8 |
| American | 5.6 | 1.8 |
| American | 9.5 | 5.1 |
| American | 5.1 | 4.2 |
| American | 7.6 | 4.9 |
| American | 9.3 | 4.2 |
(a) At the 0.05 level of significance, is there an interaction between type of breakfast and desired time?
(b) Draw the plot of means.
(c) At the 0.05 level of significance, is there an effect due to type of breakfast?
(d) At the 0.05 level of significance, is there an effect due to desired time?
In: Math
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet for 500 people, they did not have enough knives. She decides she needs to order some moresilverware, but wants to take advantage of any quantity discounts her vendor will offer.
follows≻For
a small order
(2 comma 0002,000
pieces or less) her vendor quotes a price of
$1.801.80/piece.
follows≻If
she orders
2 comma 0012,001
to
5 comma 0005,000
pieces, the price drops to
$1.601.60/piece.
follows≻5 comma 0015,001
to
10 comma 00010,000
pieces brings the price to
$1.401.40/piece,
and
follows≻10 comma 00110,001
and above reduces the price to
$1.251.25/piece.
Lisa's order costs are
$200200
per order, her annual holding costs are
55%,
and the annual demand is
44 comma 90044,900
pieces. For the best option (the best option is the price level that results in an EOQ within the acceptable range):
a. what is the optimum ordering quantity? (round to the nearest whole number)
b.what is the annual holding cost? (round to two decimal places)
c. what is the annual ordering cost? ( round to two decimal places)
d. what are the annual costs of the silverware itself with an optimal order quantity? (round to the nearest whole number)
e. what is the total annual cost, including ordering, holding, and purchasing the silverware? (round to two decimal places)
In: Operations Management
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet for 500 people, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.
follows≻For
a small order
(2,000
pieces or less) her vendor quotes a price of
$1.80/piece.
follows≻If
she orders
2,001
to
5,000
pieces, the price drops to
$1.60/piece.
follows > 5,001
to
10,000
pieces brings the price to
$1.40/piece,
and
follows≻ 10,001
and above reduces the price to
$1.25/piece.
Lisa's order costs are
$200
per order, her annual holding costs are
5%,
and the annual demand is
45,700
pieces. For the best option (the best option is the price level that results in an EOQ within the acceptable range):
a) What is the optimum ordering quantity?
nothing
units (round your response to the nearest whole number).
B) What is the annual holding cost? (round your response to two decimal places).
C) What is the annual ordering cost? (round your response to two decimal places).
D) What are the annual cost of the silverware with an optimal order quantity? (round your response to two decimal places).
E) What is the total annual cost, including ordering, holding, and purchasing the silverware? (round your response to two decimal places).
In: Operations Management
The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.
>For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece.
>If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece.
>5,001 to 10,000 pieces brings the price to $1.40/piece, and
>10,001 and above reduces the price to $1.25/piece.
Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 44,600 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range).
A) What is the optimum ordering quantity?
B) What is the annual holding cost?
C) What is the annual ordering cost?
D) What are the annual cost of the silverware with an optimal order quantity?
E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
In: Operations Management
Your client, Barney Green, and his wife, Edith, attended a two-day conference in Maui related to Barry's work in architecture as a sole proprietor. The Greens went to Hawaii several days early so they could adjust to the jet lag and be ready for the conference. The $8,000 cost of the trip included the following expenses:
First-class airfare $2,500
Hotel (four days) $2,000
Conference fee $1,000 per person
Meals $1,500.
What expenses (if any) can Barney deduct for his business?
In: Accounting
For this week's discussion, the focus will be on examining Porter's Five Forces as a tool for looking at the pressures on profits. Specifically, you will be looking at defining Porter's Five Forces and applying this tool to the market structures and pressures on profits of a chosen group of firms.
Choose one of the following groups and use Porter's Five Forces to analyze the pressures on profits for your chosen group's firms.
Group 1: the accommodations industry (e.g., Hilton, Marriott Bonvoy, Intercontinental Hotel Group).
Group 2: the wireless telecommunications industry (e.g., Verizon, AT&T, T-Mobile).
In: Economics
Inigo Montoya has a Bank of Florin revolving credit account with an annual percentage rate of 24% calculated on the previous month’s balance. In April, the account had the following activity. On April 1 the previous balance was $301.98; on April 8, Inigo charged $250.00 at Mason’s Gym; on April9 he made a payment of $75.00; on April 15 he spent $124.80 at Nordstrom; on April 25 he took out a $100.00 cash advance; and on April 28 he stayed at the Rimrock Hotel for $178.90
What is Inigo’s new balance?
In: Finance
Question 1
Rick’s Motel has the following monthly costs in the first five months of 2019:
Month Rooms Rented Costs
January 150 $20,250
February 160 21,000
March 130 18,750
April 144 19,800
May 170 21,750
Instructions
a. Identify the fixed and variable cost elements using the high-low method.
b. The hotel management is doing a projection for June 2019. How many rooms should be rented out in order to break even, if the charge is $150 per room rented?
In: Accounting
Class, I would like to pose an ethical dilemma to you all. There is not necessarily a "right" or "wrong" answer. I am just curious on your thoughts. You’re at a hotel and conference center. You’ve arrived to your meeting early, and have not have a chance to eat breakfast yet. On your way to your meeting room, you walk by another meeting and there’s a table full of food and beverages outside the room. Your meeting has no food. Would you help yourself? (150 words or more)
In: Operations Management
In: Civil Engineering