You run a hotel with 200 rooms. Fixed daily cost is $1500 which includes staff salary and property charges, maintenance cost of hospital is additional $300 daily. Variable cost per room is $15 which includes cleaning, utility cost etc. You charge $100 per room per day. You sold 50 rooms today, how much profit did you earn.

a) 2000, b) 3000, c) 2500, d) 2450

You run a hospital with 100 rooms. Fixed daily cost is $1000 which includes staff salary, property charges, maintenance etc. Variable cost per room is $10 which includes cleaning, equipment rentals, utility cost etc. You charge $50 per room per day. You sold 30 rooms today, how much revenue did you earn.

a) 1500, b) 500, c) 5000, d) 100

A vendor sells hotdogs at $15 /piece. For every hot dog he spends $12 in the raw material. Additionally, he spends $1 for packing each hotdog and monthly $50, $20, $10 as food truck rent, electricity and other expenses respectively. How much is the vendor contributing to covering his fixed costs or generating profits (contribution margin)?

a) 2, b) 5, c) 6, d) 3

Differentiate between the firm's implicit and explicit cost and discuss the firm’s variable and fixed costs. For your chosen industry please express whether your firm is economically viable or not. Is your firm profitable? Do they have an optimistic or uncertain outlook for the near future?

Sarah has a three-day meeting in Berlin. She takes an overnight flight arriving early Sunday morning.After resting several hours, she spends the rest of the day sightseeing. She attends the meetings onMonday, Tuesday, and Wednesday. She spends Thursday sightseeing and returns home on Friday. Her transportation cost $1,200 and her five night’s hotel cost $1,250. Her meals were $50 per day fromMonday through Thursday and $30 each on Sunday and Friday. How much can Sara deduct for thisbusiness trip?

Please advise on both of tendering method and contractual arrangement for the construction of a 5-Star Hotel in Tung Chung new town. Since the proposed project is to be a major development, the Client is anxious on the cost aspects.

The Client wishes to have indication of the amount of investment before signing the formal contract with the selected contractor and he is also concerned on the cost-control aspect. He also intends to commence the work at a reasonable time.

Suggest to the client with reasons, for choosing both of the most appropriate tendering method and contractual arrangement for this particular project for client’s consideration.

The design should consist of two things:
(1) a list of every semaphore, its purpose, and its initial value, and
(2) pseudocode for each function. The pseudocode should be similar to the pseudocode shown in the textbook for the barbershop problem.
Every wait and signal call must be included in the pseudocode.    

Must use Java Threads and Java Semaphores (java.util.concurrent.Semaphore).
You may not use the “synchronized” keyword in Java for mutual exclusion.
You may not use Java data structures that have built-in mutual exclusion.

Please provide corresponding PSEUDOCODE along with JAVA CODE.

Hotel Simulation
A hotel is simulated by using threads and semaphores to model customer and employee behavior.
This project is similar to the “barbershop” example in the textbook. The following rules apply:

The hotel to be simulated has two employees at the front desk to register guests and two bellhops to handle guests’ bags.
A guest will first visit the front desk to get a room number. The front desk employee will find an available room and assign it to the guest.
If the guest has less than 3 bags, the guest proceeds directly to the room. Otherwise, the guest visits the bellhop to drop off the bags.
The guest will later meet the bellhop in the room to get the bags, at which time a tip is given.

Threads:

Guest:
1)   25 guests visit the hotel (1 thread per guest created at start of simulation).
2)   Each guest has a random number of bags (0-5).
3)   A guest must check in to the hotel at the front desk.
4)   Upon check in, a guest gets a room number from the front desk employee.
5)   A guest with more than 2 bags requires a bellhop.
6)   The guest enters the assigned room.
7)   Receives bags from bellhop and gives tip (if more than 2 bags).
8)   Retires for the evening.

Front Desk:
1)   Two employees at the front desk (1 thread each).
2)   Checks in a guest, finds available room, and gives room number to guest.

Bellhop:
1)   Two bellhops (1 thread each).
2)   Gets bags from guest.
3)   The same bellhop that took the bags delivers the bags to the guest after the guest is in the room.
4)   Accepts tip from guest.
 

Other rules:
1)   All mutual exclusion and coordination must be achieved with semaphores.
2)   A thread may not use sleeping as a means of coordination.
3)   Busy waiting (polling) is not allowed.
4)   Mutual exclusion should be kept to a minimum to allow the most concurrency.
5)   Each thread should print when it is created, and main should print when it joins the customer threads.
6)   Each thread should only print its own activities. The guest threads print guest actions and the employee threads print their own actions.
7)   Your output must include the same information, same wording, and the same set of steps as the sample output. Of course, each run can be different depending on the order of thread execution and the random assignments made.

Output

1)   Each step of each task of each thread should be printed to the screen with identifying numbers so it is clear which threads are involved.
2)   Thread output sample for 3 guests. The wording in your output should exactly match the sample.

Simulation starts
Front desk employee 0 created
Front desk employee 1 created
Bellhop 0 created
Bellhop 1 created
Guest 0 created
Guest 1 created
Guest 2 created
Guest 0 enters hotel with 1 bag
Guest 1 enters hotel with 4 bags
Guest 2 enters hotel with 3 bags
Front desk employee 0 registers guest 0 and assigns room 1
Front desk employee 1 registers guest 1 and assigns room 2
Guest 0 receives room key for room 1 from front desk employee 0
Guest 1 receives room key for room 2 from front desk employee 1
Front desk employee 0 registers guest 2 and assigns room 3
Guest 0 enters room 1
Guest 2 receives room key for room 3 from front desk employee 0
Guest 1 requests help with bags
Guest 0 retires for the evening
Guest 0 joined
Guest 2 requests help with bags
Bellhop 1 receives bags from guest 2
Bellhop 0 receives bags from guest 1
Guest 1 enters room 2
Guest 2 enters room 3
Bellhop 0 delivers bags to guest 1
Bellhop 1 delivers bags to guest 2
Guest 1 receives bags from bellhop 0 and gives tip
Guest 2 receives bags from bellhop 1 and gives tip
Guest 2 retires for the evening
Guest 1 retires for the evening
Guest 1 joined
Guest 2 joined
Simulation ends

1. Suppose individuals A and B have the same money income and tastes and face the same set of prices of all goods except access to a free National Park. (They will be 2 points on the same demand curve; find the equation to the line and the X and Y intercepts.) Individual A lives farther away than individual B and has higher travel costs. Their annual use is summarized as:

How much consumer surplus does each individual receive per year from the park usage? What are the total social benefits (as measured by the sum of the consumer surplus measures) from the park?

2. A worker, who is typical in all respects, works for a wage of $50,000 per year in a perfectly safe occupation. Another typical worker does a job requiring exactly the same skills as the first worker, but in a risky occupation with a known death probability of 1 in 10,000 per year, and receives a wage of $60,000 per year. What value of a human life for workers with these characteristics should a cost-benefit analyst use?  

3. Manufacturers in an urban environment are currently producing 25,000 widgets per year. Their gross revenue is $300 per widget with variable costs of $125 per widget. Air quality in the city has fallen to a level of 20 points measured on a 0-100 scale. Three proposals could improve the air quality. Option I involves annual direct costs of $100,000 which raises the air quality index to 32; option 2 costs $130,000 per year and raises the index to 42; option 3 costs $150,000 per year and raises the index to 50. Also producers are required to reduce their widget output by: 5% under option 1, 10% under option 2, and 15% under option 3.

a. Which option has the lowest total opportunity cost?

b. Which option has the lowest cost per unit of air quality improvement?

c. Why might neither of these be the most efficient?

Questions

• What company and industry have you selected, and what are some of the risks that the company and industry are facing in the current economic and political environment? You need to research risks from current financial publications (e.g., Bloomberg, The Financial Times, The Economist). Note: For this assignment, a current publication is no older than four years. Quote your source.
• Has the company addressed these risks? If yes, how? If not, what should they have done?
• Is another competitor on the market facing the same risks, and how did they address them? Briefly summarize.

Answers

The company I have decided to focus on is Marriott. Marriott was founded in 1927 in the United States. Marriott has hotels in over 87 countries and has 19 brand names. Recently, there had been a merge between Marriott and another major hotel brand, Starwood Hotels. Starwood was officially taken over by Marriott in 2018, to create the largest hotel company in the world (Whitmore, 2018). Whitmore also mentions the merger will create the largest loyalty program as well.  

            The political risks Marriott faces are international terrorism. With hotels continuously growing and building in other parts of the world, there is always the fear of terrorist attacks happening. Jan Freitag (2017) explains that in an area where a terrorist attack has happened, there is no normal curve of demand since they all behave differently. She says that when hotels rely more on leisure travelers, then the hotel is affected more in the short term. Hotels are continuing to grow and expand into different countries of the world and most of them are thriving. Hotels, including Marriott, need to make sure their staff is trained in what they need to do in order to protect themselves and their guests at all times. Marriott has taken into consideration the risks of international terrorism and has trained their staff on the importance of protecting their guests and the procedures that need to be taken.

            The economic risks Marriott is facing are taxation changes. When a guest books at a hotel, that hotel charges taxes per night you stay there. The taxes differ on each state. The room rate is the price in which is taxed with state and local tax fees. The Department of Taxation and Finance (2012) explains that “Hotel operators must collect sales tax on the room rate or rental charge for hotel occupancy.” Hotels must charge these taxes to their guests for their hotel occupancy. On top of taxes, some “touristy” places may charge an additional fee such as a “resort fee.” Marriott has addressed these risks as they charge their guests the taxes per night as well as a resort fee when staying in a touristy area.

            Any company in the hotel industry has to address these risks. These risks are not just a Marriott companies problem, they are a hospitality industries risk as a whole. The Hilton, Hampton Inn and other hotel brands have these risks and have taken the same measurements the Marriott Corporation has in order to make sure their company succeeds.

For chegg: Please note I have answered the questions above already. What I am asking of you is to provide a analytical feedback. No plagiarism. In your response to the above post, please provide feedback, including different examples related to the risks and their impacts on the specific industry or company. Comment on the similarities and differences in your responses.

Please assist if familiar with the given scenario, thanks!

Famous artists Georgia O'Keefe and Alfred Stieglitz donated 101 artworks to Fisk University in the 1940s. But the gift had two conditions: The pieces could not be sold and they had to be displayed as one collection. Over 50 years later, Fisk could not pay to maintain the collection and decided to sell two of the pieces. Proceeds of the sale would go to restore its endowment and build a new science building. The Georgia O'Keefe Foundation sued to stop the sale, arguing that the artists would have opposed it.

Should the law permit this sale?

Do you agree with Fisk's actions?

What duties do gift recipients have to donors?

What would Kant and Mill say?

Hotel California is a small modern-style hotel located not too far from the Central Bangkok District. Your job is to write a simple piece of software to manage the room occupancy. The hotel has two buildings; each building has four floors; and each floor has a different number of rooms. Building A has five rooms on each floor. Building B has four rooms on each floor. Each room is graded with Standard, Deluxe, and Suite, and the rates per night are $100, $250, and $600 respectively. In both buildings, the rooms on the first and the second floors are Standard; the rooms on the third floor are Deluxe; and the rooms on the fourth floor are Suite.

Write a program that allows the hotel front desk to reserve a room for its customers. When a customer reserves a room, he needs to provide his name (first name and last name), his phone number and the room grade. The system must check for the availability of that room grade. If the preferred room grade is available, the reservation number will be generated and the room number will be assigned to that reservation. If there are no rooms of that grade available, a proper message must be shown.

Note that the hotel policy allows only 1 room with 1-night stay per booking. If the customer wants to book more than one rooms, he needs to make more reservations. The hotel allows the room to be booked only one day in advance. Hence, the system will only have the booking for tomorrow's check-in.

The front desk should also be able to record the payment for a reservation during the customer's check-out process (given a reservation number, the customer's name or the customer's phone number). If the customer has more than one reservations made on that day, the list of reservations must be shown so the front desk can apply the payment to such a reservation. In order to keep track of the hotel's income, the staff should be able to print the sales reports for each building (grouped by the room grades).

Use java to Design and implement the system for Hotel California. Comment on methods and functions to explain the logic of your code