The health of the bear population in a park is monitored by periodic measurements taken from anesthetized bears. A sample of the weights of such bears is given below. Find a 95% confidence interval estimate of the mean of the population of all such bear weights. The 95% confidence interval for the mean bear weight is the following.
data table 80 344 416 348 166 220 262 360 204 144 332 34 140 180
In: Math
Technology is taking much of the fun out of finding a place to park the car. Now, in cities from New York to Seattle, the door is open to a host of wireless technologies seeking to improve the parking meter even further. Chicago and Sacramento, CA, among others are equipping enforcement vehicles with infrared cameras capable of scanning license plates even at 30 miles an hour. Using a global positioning system, the cameras can tell which individual cars have parked too long in a two-hour parking zone. At a cost of $75,000 a camera, the system is an expensive upgrade of the old method of chalking tires and then coming back two hours later to see if the car has moved.
Parking czars in municipalities across the country are starting to realize parking meters' original goals: generating revenue and creating a continuous turnover of parking spaces on city streets. Clearly, their main questions are "Would there be enough new revenue from installing the expensive parking monitoring devices?" and "How many devices should be installed to maximize the revenue streams?" From the device manufacturing's point of view, the question is "Would there be enough demand for their products to justify the investment required in new facilities and marketing?" If the manufacturing decides to go ahead and market the products, but the actual demand is far less than its forecast or the adoption of the technology is too low, what would be the potential financial risk?
In: Economics
The purpose of this homework is to test your knowledge of GUI. Consider a fictional park where the entry price for 1 adult ticket is $50, and for 1 children ticket is $25. Write a simple GUI application that let user to enter the number of tickets and display the total price. The GUI should contain:
● One text field for the user to enter the number of adult tickets
● One text field for the user to enter the number of children tickets
● One button “Calculate total cost”
● One text field to display the total cost When the user clicks the button then the correct cost is displayed in the total price field. If the input text field is empty then it should be treated as 0 tickets.
In: Computer Science
A quality control activity analysis indicated the following four activity costs of a hotel:
| Inspecting cleanliness of rooms | $468,000 |
| Processing lost customer reservations | 156,000 |
| Rework incorrectly prepared room service meal | 78,000 |
| Employee training | 78,000 |
| Total | $780,000 |
Sales are $3,900,000. Prepare a cost of quality report. Round percent of sales to one decimal place.
In: Accounting
1. Scenario: A local park is being converted into a COVID-19 testing site. Describe the internal and external stakeholders, and their importance.
2. Why is it important for a project manager to access the performance of individual team members and the project team as a whole?
3. Describe a possible imbalance between a project manager's authority and responsibility. What type of impact could it have on the project?
In: Operations Management
You watched the video “Hard Rock Café” to learn about capital budgeting techniques in practice. What did you learn about how Hard Rock’s investment in Hard Rock Park turned out? What lessons about capital budgeting can you learn from this case?
Video: https://www.youtube.com/watch?v=nAJHUDrcAQg
In: Finance
In: Nursing
How has the Four Seasons Hotels operationalized a Transnational Strategy in order to gain competitive advantage in the global high-end luxury hotel industry?
If Four Season wants to diversify how you would suggest to its CEO to proceed?
What other business has synergy with their core existing business?
Please answered these three questions in a detailed manner.
In: Economics
Consider the following data on distances traveled by 100 people to visit the local park.
|
distance |
frequency |
|
1-8 |
30 |
|
9-16 |
25 |
|
17-24 |
25 |
|
25-32 |
10 |
|
33-40 |
10 |
Expand and construct the table adding columns for relative
frequency and cumulative relative frequency. Then plot Histogram,
Frequency Polygon and Ogive Curve.
In: Math
Fadwa is the general manager at the 125-room select-service.
Fadwa has just taken a call from Lawrence's hotel. Because of an
internal oversight, Lawrence's hotel is overbooked by 70 group
rooms next Saturday. Lawrence would like to purchase that number of
rooms from Fadwa at their previously agreed upon walk rate of $75
per night. Fadwa's normal ADR is $129.00 and her cost of cleaning a
room is $17. Currently, Fadwa had 55 occupied rooms (arrivals and
stayovers) on the books for that day. She forecast that she could
sell, at her normal ADR, another 30 rooms by Saturday. Fadwa
typically generates $8 in ancillary revenue from each of her
occupied rooms. Before replying to Lawrence's request, she
summarized her forecasted rooms sale-related information in a chart
so she could better understand the impact of accepting or rejecting
Lawrence's walked guests. FILL IN THE CHART AND ANSWER
THESE QUESTIONS BELOW
| Harley House Hotel: Saturday Forecast | |
| Total rooms available for sale | 125 |
| Current rooms sold forecast | 55 |
| Additional rooms to be sold forecast | 30 |
| Walk rooms requested | 70 |
| Normal ADR | $129.00 |
| Walk rooms ADR | $75.00 |
| Ancillary revenue per room | $8.00 |
| Room cleaning cost | $17.00 |
| Next Saturday Night | With Lawrence Walks | Without Lawrence Walks |
| Rooms Sold | ||
| ADR | $129.00 | |
| Total Rooms Revenue Estimate | ||
| Daily per Room Ancillary Revenue | $8.00 | $8.00 |
| Total Rooms plus Ancillary Revenue | ||
| RevPOR | ||
| Rooms Dept. Cost POR | ||
| Net Total Revenue |
a. What would be Fadwa’s ADR if she accepted all of Lawrence’s walked rooms?
Answer:
b. What would be Fadwa’s RevPOR with the walked rooms?
Answer:
c. What would be Fadwa’s RevPOR without the walked rooms?
Answer:
d. What would be the net total revenue (RevPOR – Rooms dept. cost POR) difference in her hotel's revenue if Fadwa agree to take the rooms?
Answer:
e. What would be the percentage difference in her hotel’s net total revenues if Fadwa agree to take the rooms?
Answer:
f. If you were Fadwa, would you accept the walked rooms from Lawrence’s hotel? Why or why not.
Answer:
In: Finance