Questions
A hotel salesperson enters sales in a text file. Each line contains the following, separated by...

  1. A hotel salesperson enters sales in a text file. Each line contains the following, separated by semicolons: The name of the client, the service sold (such as Dinner, Conference, Lodging, and so on), the amount of the sale, and the date of that event.

Write a program that reads such a file and displays the total amount for each service category. Use the following data for your text file:5 pts

Bob;Dinner;10.00;January 1, 2013

Tom;Dinner;14.00;January 2, 2013

Anne;Lodging;125.00;January 3, 2013

Jerry;Lodging;125.00;January 4, 2013

The output should be:

Dinner: 24.00

Lodging: 250.00

Python, keep it simple, thank you

In: Computer Science

The manager of a small hotel resort is considering expansion. He would like to issue bonds...

The manager of a small hotel resort is considering expansion. He would like to issue bonds but do not quite understand why he may or may not receive what amount of money is stated on the face of the bond but he has to repay what is on the face of the face bond. Write a report to the manager explaining the market forces that determine how much money will be collected. Also explain how the interest payment on bonds are calculated and paid. write a report with 800 words explaining the market forces that determine how much money will be collected and how the interest payment on bonds are calculated and paid.

In: Accounting

Round Tree Manor is a hotel that provides two types of rooms with three rental classes:...

  1. Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows:

    Rental Class


    Room
    Super Saver Deluxe Business
    Type I $31 $35
    Type II $16 $33 $42

    Type I rooms do not have wireless Internet access and are not available for the Business rental class.

    Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 130 rentals in the Super Saver class, 50 rentals in the Deluxe class, and 45 rentals in the Business class. Round Tree has 105 Type I rooms and 145 Type II rooms.

    1. Use linear programming to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types.
      Variable # of reservations
      SuperSaver rentals allocated to room type I ???
      SuperSaver rentals allocated to room type II ???
      Deluxe rentals allocated to room type I ???
      Deluxe rentals allocated to room type II ???
      Business rentals allocated to room type II ???

      Is the demand by any rental class not satisfied? Yes or No?
      Explain.
    2. How many reservations can be accommodated in each rental class?
      Rental Class # of reservations
      SuperSaver ???
      Deluxe ???
      Business ???
    3. Management is considering offering a free breakfast to anyone upgrading from a Super Saver reservation to Deluxe class. If the cost of the breakfast to Round Tree is $5, should this incentive be offered? Yes or No?
    4. With a little work, an unused office area could be converted to a rental room. If the conversion cost is the same for both types of rooms, would you recommend converting the office to a Type I or a Type II room? Why? Type 1 or Type 2?
    5. Could the linear programming model be modified to plan for the allocation of rental demand for the next night? What information would be needed and how would the model change? Yes or No?

Please be descriptive and show all work step-by-step.

In: Advanced Math

The manager of a small hotel resort is considering expansion. He would like to issue bonds...

The manager of a small hotel resort is considering expansion. He would like to issue bonds but do not quite understand why he may or may not receive what amount of money is stated on the face of the bond but he has to repay what is on the face of the bond. Write a report to the manager explaining the market forces that determine how much money will be collected. Also explain how the interest payment on bonds are calculated and paid. bear in mind that the stated interest rate and the market interest rate are the two interest rate that work together to determine the market price of a bond. write in essay format no log explanation.

In: Accounting

Suppose the base year is 2005, and the only goods in the economy are apples and...

  1. Suppose the base year is 2005, and the only goods in the economy are apples and bananas. In 2005 both apples and bananas cost $1, and 100 apples and 100 bananas are produced. In 2006, apples cost $20 and bananas cost $5, and 50 apples and 200 bananas are produced.
  1. What is nominal GDP in 2005?                     
  2. What is real GDP in 2005?                             
  3. What is the GDP deflator in 2005?                

In 2006?              

In 2006?              

In 2006?              

  1. Suppose the fixed basket of goods is 1 apple and 2 bananas.
  2. What is the level of the CPI in 2005?                   In 2006?              
  3. What is the CPI inflation rate from 2005 to 2006?               
  1. What are the three effects that bias the measurement of CPI?
  1.                                          
  2.                                          
  3.                                          
  1. Which of the three effects listed in part c does each of the following illustrate?
    1. US households in 2010 spent a larger fraction of their income on televisions than they did in 1950.                                                                                         
    2. All televisions available in 2010 had higher resolution than any televisions available in 1950.                                                                                              
    3. In 1950, no US household had a plasma screen television, but in 2010 they are widely available.                                                                                          
  1. Suppose the average television purchased in 1950 cost $200, and the average television purchased today costs $700.
    1. What is the percentage change in the average television price?
  1. Taking into account the effects in part c, is this percentage increase likely an underestimate or overestimate of the true change in the cost of televisions?   
  1. Why?                                                                                                        
  1. Suppose CPI is as follows in each year:

Year:

2007

2008

2009

2010

CPI:

100

99

125

140

Suppose in the year 2007 you are considering a job offer that pays $50,000 in 2007, plus a 10% (compounding) raise in each of the next three years.

  1. What nominal salary will you make in each year?

Year:

2007

2008

2009

2010

Nominal

Salary

  1. What will your real salary be in each year, using a 2007 base year?

Year:

2007

2008

2009

2010

Salary in

2007$

  1. What will your real salary be in each year, using a 2009 base year?

Year:

2007

2008

2009

2010

Salary in

2010$

  1. In what year was your real salary highest?
  2. Does your answer to 4 depend on the base year selected?                         
  3. Suppose instead your contract gave you $50,000 in 2007, plus a cost of living adjustment equal to the percentage change in CPI. Compute the nominal wage in each year.

Year:

2007

2008

2009

2010

Nominal

Salary

In what years is this contract better than the original one?        

In: Economics

An important application of regression analysis in accounting is cost estimation. By developing an estimated regression...

An important application of regression analysis in accounting is cost estimation. By developing an estimated
regression equation relating volume and cost, an analyst can estimate the cost associated with a particular
manufacturing volume. Consider the following sample production volumes and total cost data.
Production Volume (units) Total Cost ($)
400 6590
450 8235
550 8895
600 9720
700 10,540
750 11,530
a. Use these data to develop an estimated regression equation that could be used to predict the total cost for a
given production volume.
b. Compute the coefficient of determination. Interpret the coefficient of determination in terms of the percentage of the variability in total cost that can be explained by the regression of cost on production volume.
c. The company’s production schedule shows that 580 units must be produced next month. Determine the
estimated cost for this operation.
d. Use a one percent level of significance to test whether the production volume is significantly related to the
total cost and state your conclusion.
e. Support your results in part (d) with an interval estimate of the slope of the regression (i.e. the variable cost of production)
f.prepare ANOVA table

In: Statistics and Probability

The desired percentage of SiO2 in a certain type of aluminous cement is 5.5. To test...

The desired percentage of SiO2 in a certain type of aluminous cement is 5.5. To test whether the true average percentage is 5.5 for a particular production facility, 16 independently obtained samples are analyzed. Suppose that the percentage of SiO2 in a sample is normally distributed with σ = 0.30 and that x = 5.25. (Use α = 0.05.)

(a) Does this indicate conclusively that the true average percentage differs from 5.5? State the appropriate null and alternative hypotheses. H0: μ = 5.5 Ha: μ ≥ 5.5 H0: μ = 5.5 Ha: μ > 5.5 H0: μ = 5.5 Ha: μ ≠ 5.5 H0: μ = 5.5 Ha: μ < 5.5 Correct: Your answer is correct.

Calculate the test statistic and determine the P-value. (Round your test statistic to two decimal places and your P-value to four decimal places.) z = -3.37 Incorrect: Your answer is incorrect. P-value = .0008 Correct: Your answer is correct.

State the conclusion in the problem context. Reject the null hypothesis. There is sufficient evidence to conclude that the true average percentage differs from the desired percentage. Reject the null hypothesis. There is not sufficient evidence to conclude that the true average percentage differs from the desired percentage. Do not reject the null hypothesis. There is not sufficient evidence to conclude that the true average percentage differs from the desired percentage. Do not reject the null hypothesis. There is sufficient evidence to conclude that the true average percentage differs from the desired percentage. Correct: Your answer is correct.

(b) If the true average percentage is μ = 5.6 and a level α = 0.01 test based on n = 16 is used, what is the probability of detecting this departure from H0? (Round your answer to four decimal places.)

c) What value of n is required to satisfy α = 0.01 and β(5.6) = 0.01? (Round your answer up to the next whole number.)

n =

In: Statistics and Probability

Considering the following information regarding the performance of a portfolio manager in a recent quarter. Manager’s...

Considering the following information regarding the performance of a portfolio manager in a recent quarter.

Manager’s Return

Manager’s Weight

Market weight

Market Return

Stocks

1%

0.50

0.30

2%

Bonds

2%

0.30

0.30

1.5%

Marketable securities

0.75%

0.20

0.40

0.5%

What is the market return of the portfolio in percentage?

What is the return of the manager's portfolio in percentage?

What is the Alpha (in percentage) of the manager's portfolio compared to benchmark (market)?

Identify the contributions (in percentage) of security selection to relative performance.

Identify the contributions (in percentage) of asset allocation to relative performance.

In: Finance

You are the operations manager for American Airlines and you are considering a higher fare level...

You are the operations manager for American Airlines and you are considering a higher fare level for passengers in aisle seats. You want to estimate the percentage of passengers who now prefer aisle seats. How many randomly selected air passengers must you survey? Assume that you want to be 95% confident that the sample percentage is within 3 percentage points of the true population percentage.

  1. Assume that nothing is known about the percentage of passengers who prefer aisle seats.
  2. Assume that a recent survey suggests that about 34% of air passengers prefer an aisle seat.

In: Statistics and Probability

Dowell Manufacturing contracts to produce bumper cars for Five Flags Parks. Under the terms of the...

Dowell Manufacturing contracts to produce bumper cars for Five Flags Parks. Under the terms of the contract, Five Flags will pay Dowell a total of $60,000 when bumper cars are delivered six months later, and Five Flags can cancel the contract but must pay Dowell for work completed. Dowell believes that, if Five Flags cancelled the contract, Dowell could not sell the bumper cars to another park. As of December 31, 2020, the job is 80% complete. How much revenue should Dowell recognize in 2020 for this contract?

a.

$0

b.

$12,000

c.

$30,000

d.

$48,000

e.

$60,000

In: Finance