Questions
The Modern Motel Industry" outline a very small marketing plan for the hotel segment you researched....

The Modern Motel Industry" outline a very small marketing plan for the hotel segment you researched. Please be as creative as you like. Analyze modern ownership and management patterns, and create a list of best practices for those wishing to either invest in or make a career in the hotel industry. "Group Bookings" Considering the same hotel you used evaluate and discuss the pros and cons of taking group bookings. Please give specific examples relevant to the chain you selected. Create guidelines for negotiating convention or group rates specific to the city or town in which you live.

In: Operations Management

Isle Royale SimBio lab model: You have accepted a position with the U.S. Fish and Wildlife...

Isle Royale SimBio lab model:

You have accepted a position with the U.S. Fish and Wildlife Service. You are asked to advise the U.S. Park Service on likely future population fluctuations in wolf and moose populations on Isle Royale. National Park Service policy is not to intervene in natural ecological processes unless absolutely necessary.

a) Based on your understanding of current ecological concepts, especially the importance of numerical and functional responses of wolves and moose (Krebs, pages 222-223) as well as both direct and indirect species interactions, list three alternatives for the Park Service regarding how to manage the predator population that is currently threatened by local extinction on Isle Royale. What sources did you use in developing your alternative suggestions?

b) Explain which of the three alternatives you would select if you were the Park Superintendent.

In: Biology

Question 1 (50 marks) Paris planned to celebrate her birthday with a party on 27 November...

Question 1

Paris planned to celebrate her birthday with a party on 27 November 2017. On 1 November, she agreed with the Sun Hotel to hire its ‘Orangery’ annexe for the party. The contract required the payment of $5,000 immediately, which Paris paid, and a further payment of $10,000 by 14 November. On 4 November, the Sun Hotel spent $2,000 relocating orange trees in preparation for the event. On 8 November, a colony of bats settled in the Orangery. The Sun Hotel rang the local authority to ask whether the bats could be removed. The local authority said that the bats could not be disturbed and that it would therefore be illegal to use the Orangery while the bats were in it. Paris was immediately notified but, despite her protests, was told that no refund could be made, as the contract had no provision for this eventuality.

Required a. Define what is meant by frustration of a contract.

b. Identify the types of frustrating event with reference to relevant legal cases.

c. Explain whether the contract between the Sun Hotel and Paris has been frustrated.

d. Explain whether Paris can recover any or all of the $5,000 payment made to the Sun Hotel and is liable to pay the further payment of $10,000.

In: Accounting

Ocean Park and Disneyland are the two theme parks in Hong Kong. They deemed to be...

Ocean Park and Disneyland are the two theme parks in Hong Kong. They deemed to be so different in their theme and attractions that they are not substitutes to one another.

The two theme parks have their 1-day ticket prices revised upward in 2019 as in the following:

Theme Park

Ticket

Was

Now

Ocean Park

Adult

(Ages 12 or above)

Child             

(Ages 3 – 11)                 

Senior

(Ages 65+)

                          HK$480

                          HK$240

              Free of Charge

                       HK$498

                       HK$249

           Free of Charge

Disneyland

General Admission

(Ages 12 – 64)               

Child

(Ages 3 – 11)                 

Senior

(Ages 65+)

                          HK$619

                          HK$458

                          HK$100

                       HK$639

                       HK$475

                       HK$100

(6) From the ticket prices now available (see above table) at Ocean Park, it seems that uniform pricing, i.e. charging a single price to all is not ideal. Basing on the economic concepts/theories that you have learnt in the course (only highschool econ) , what do you think the rationale behind,

  1. From the standpoint of Ocean Park
  2. In the aspect of economic efficiency (use a diagram to show the point)                                                                             (8%)

In: Economics

Rewrite the following text using the correct tone and style to create goodwill. I am writing...

Rewrite the following text using the correct tone and style to create goodwill.

I am writing to you because I want to complain about the horrible service that I endured during my stay at your hotel last weekend.

The porter took such a long time to send my luggage up to my room and he even dared to ask me for a tip. The air-conditioner was also very noisy, and I could not have my beauty sleep which is very important to me. When I called to complain, I was told that it could not be fixed as all maintenance staff was on leave. The service at the restaurants was also so slow and the food was also cold and tasteless. What kind of hotel is this calling yourself as a famous world known 5-star hotel?

I want you to give me a refund of RM 8,888 for the amount that I paid for the room for two nights inclusive of personal damages. I will never stay at your hotel ever again. I am social influencer and if you don't give me a refund, I will post on my social media accounts to boycott your hotel!

In: Operations Management

1.) Vehicles arrive at an entrance to a recreational park. There is a single gate (at...

1.) Vehicles arrive at an entrance to a recreational park. There is a single gate (at which
all vehicles must stop), where a park attendant distributes a free brochure. The park
opens at 08:00 am, at which time vehicles begin to arrive at a rate of 480 veh/hr. after
20 minutes the arrival flow rate declines at 120 veh/hr, and it continues at that level
for the remainder of the day. If the time required to distribute the brochure is 15
seconds and assuming D/D/1 queue,
a. Determine the maximum length of queue that occurred.
b. How long did it take to dissipate the queue?
c. What is the average delay per vehicle?
Show all necessary solutions and diagram

2.) Consider the entrance to the recreational park described in the previous question.
However, assuming that the average arrival rate is 180 veh/hr and Poisson-distributed
(negative exponential times between arrivals) over the entire period from park opening
time, 08:00 am until closing at dusk. Compute
a. The average length of queue
b. Average waiting time in the queue
c. Average time spent in the system

PLEASE ANSWER ALL QUESTION

In: Civil Engineering

Benefit-cost Analysis Park Crest Hospital is looking into the possibility of upgrading its patient tracking information...

  1. Benefit-cost Analysis

Park Crest Hospital is looking into the possibility of upgrading its patient tracking information system. The current system is a management information system (MIS) that maintains records on the active status of patients residing in the hospital at a given moment. It ties into patient medical treatment files and financial history files. Thus it is possible to determine the current disposition of patients residing in the hospital (e.g., room number, telephone number, attending physicians, attending nurses, etc.); to access facts about the patient’s prior medical history; and to access financial data on current and past charges made to the patient.

The current MIS is more than seven years old. In view of changes in information storage and retrieval technology that have recently occurred, as well as the current system’s inability to deal with changes that have been made to handle the patient medical treatment files, Park Crest management has decided to upgrade its patient tracking information system. Dr. Ralph Kopecky is made head of a task force to identify possible systems that can replace the existing one.

A one-month search unearths two products that are good candidates. Each is an off-the-shelf product that will be modified by the vendor to fit into a client’s existing environment. After lengthy discussions with the vendors, Dr. Kopecky developed the cost and benefit data that appear in the accompanying exhibit. He will employ these data to educate members of the Executive Management Committee about costs and benefits associated with the alternative solutions.

Item

System A

System B

Purchase price

2,300,000

1,600,000

5-year savings compared to using current system

4,100,000

2,700,000

Cost of conversion from old to new system

325,000

300,000

Annual maintenance cost (includes salaries of full-time support personnel)

275,000

200,000

Questions:

  1. Using the data contained in the exhibit, compute the benefit-cost ratios associated with adopting System A and System B.
  1. Given the data contained in the exhibit, does it make sense from a financial perspective to abandon the current MIS and to adopt a new one? Explain your reasoning.
  2. Using the data contained in the exhibit, which solution – System A or System B – is more attractive from a purely financial point of view? Write up your views in a one-page, single-spaced report that will be submitted to the Executive Management Committee.
  3. What are the limitations of taking a purely financial approach to selecting a product that will enable Park Crest Hospital to meet its business needs? What other factors should be taken into account?

In: Finance

however Henry is building a fireplace in his home, the fireplace will require 2500 bricks. a)...

however Henry is building a fireplace in his home, the fireplace will require 2500 bricks.

a) if the cost of chimney brick in 2017 $2.10. calculate the material cost of Henry's project in 2020 . the chimney brick index (CBI) was 442 in 2017 and is expected to be 651 in 2020

b) estimate the material cost of similar fireplace to be built in the year 2023
what assumption did you make?

In: Economics

1. Describetherelationshipbetweentwovariableswhenthe correlation coefficient r is a) near –1 b) near 0 c) near +1 2....

1. Describetherelationshipbetweentwovariableswhenthe correlation coefficient r is a) near –1 b) near 0 c) near +1

2. What is the meaning of the “least-squares” criterion?

3. “Correlation does not imply causation.” Explain.

In: Statistics and Probability

Park Tires had sales of $412,980; Sales discounts totaled $2,120; and sales returns /allowances of $975.

Park Tires had sales of $412,980; Sales discounts totaled $2,120; and sales returns /allowances of $975.

The company made purchases of $230,345; received discounts of $2,345; returned $780 in merchandise. He also paid $1,890 in transportation costs, FOB shipping point. John's beginning inventory was $324,094; and his ending inventory amounted to $310,258.

Calculate and state each of the following:

            Net sales...........................................................................................

            Cost of Goods Available for Sale......................................................

            Cost of Goods Sold............................................................................

            Gross profit .......................................................................................

In: Accounting