Questions
Jace collected the following data on the quarterly room occupancy (in hundreds) for a resort hotel...

  1. Jace collected the following data on the quarterly room occupancy (in hundreds) for a resort hotel in Iowa.

Year

quarter

Occupancy

2013

1

16

2

21

3

9

4

18

2014

1

15

2

20

3

10

4

18

2015

1

17

2

24

3

13

4

22

2016

1

17

2

25

3

11

4

21

2017

1

18

2

26

3

14

4

25

  1. Plot the data and describe any trend and seasonal effects you observe in the data.

  1. Compute and interpret the seasonal indices.
  1. Jace’s manager, Joseph, wants Jace to forecast the occupancy for four quarters of 2018. Can you help him (Forecast he room occupancy for four quarters of 2018)?

In: Statistics and Probability

The Evanstonian is an upscale independent hotel that caters to both business and leisure travelers. When...

The Evanstonian is an upscale independent hotel that caters to both business and leisure travelers. When a guest calls room service at The Evanstonian, the room-service manager takes down the order. The service manager then submits an order ticket to the kitchen to begin preparing the food. She also gives an order to the sommelier (i.e., the wine waiter) to fetch wine from the cellar and to prepare any other alcoholic beverages. Finally, she assigns the order to a waiter.

  It takes 6 minutes to take down the order and to assign the work to the kitchen, sommelier, and waiter. It takes the kitchen 16 minutes to prepare the typical order. It takes the sommelier 8 minutes to prepare the drinks for the order. While the kitchen and the sommelier are doing their tasks, the waiter readies a cart (i.e., puts a tablecloth on the cart and gathers silverware). This takes 8 minutes per order.

  Once the food, wine, and cart are ready, the waiter delivers it to the guest’s room. It takes the waiter 14 minutes to deliver the meal to the customer. It takes the waiter additional 2 minutes to return to the station and debit the guest’ account. All the times mentioned represent flow time at the various activities, an include the effects of waiting.

Activity Time and Visit

Activity

Activity Time

Visit

to take down the order and to assign the work to the kitchen

to prepare the typical order

to prepare the drinks for the order

waiter readies a cart

to deliver the meal to the customer

to return to the station and debit the guest’ account

6

16

8

8

14

2

2

1

1

1.5

1

2

a. Draw a process map for the room-service process: from receipt of order to delivery of food

b. What is the critical path and theoretical flow time of the process?

c. What is the effect on the process flow time if the waiter could prepare the cart in 6 minutes, instead of 8?

d. Computes the waste time due to rework?

e. The hotel wants to reduce its theoretical flow time by 4 minutes. Give an example of using elimination approach to reduce the theoretical flow time. (Show which activity or activities should be reduced and by how many minutes).

In: Operations Management

For this assignment you will be creating a basic Hotel Reservation System. The program must meet...

For this assignment you will be creating a basic Hotel Reservation System. The program must meet the following guidelines:

  • User can reserve up to 3 rooms at a time
    • Your program will need to loop through to continue to ask needed questions to determine cost.
  • Room rates (room variants):
    • Suite $250
    • 2 Queens $150
    • 1 King $175
    • Ocean view add $50
    • Fridge for Room $25
    • Pets additional $50
  • Sales tax rate will be 5.5%
  • Your program will show out the total for each room reserved after the user has put in the necessary information. Once all rooms are entered the program will print out the grand total.

Make sure you are using Variables, Looping, and decision statements!

In: Computer Science

The catering manager of LaVista​ Hotel, Lisa​ Ferguson, is disturbed by the amount of silverware she...

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 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?

units ​(round your response to the nearest whole​ number).

​b) What is the annual holding​ cost?

​$nothing

​(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...

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 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...

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...

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...

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 examiningPorter's Five Forces as a tool...

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

Gloucester Township Department of Public Works, in an effort to encourage use of its public parks...

Gloucester Township Department of Public Works, in an effort to encourage use of its public parks during the summer months, began a campaign to encourage vacationers to use the parks. Studies for the past five years indicate that only one-fourth of all vacationers use the park for three days or more per week. A survey conducted after the new campaign was initiated reveals that 55 of 200 vacationers use the parks three or more days per week. At α = .05, does this support the campaign’s effectiveness?

In: Statistics and Probability