Questions
Suppose the JLFB movie production company has produced two movies, A and B, and distributes them...

Suppose the JLFB movie production company has produced two movies, A and B, and distributes them to theaters with willingness to pay for the two movies, which is shown below,

Movie A Movie B

A. Smith Theater                         $135 $95

J. Schumpeter Theater                $85 $115

a. Which package will result in the largest profit for the JFLB movie production company?

b. Charge $85 for movie A and $95 for movie B.

c. Charge $135 for movie A and $115 for movie B.

d. Charge $100 for both movie A and B if they are bought together.

e. Charge $110 for both movie A and B if they are bought together.

In: Economics

as a marketing director for an hotel, illustrate with the use of a diagram how you...

as a marketing director for an hotel, illustrate with the use of a diagram how you can apply the service marketing mix to the hotel

In: Economics

A newly formed firm must decide on a plant location. There are two alternatives under consideration:...

A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $175 in either case.

Omaha Kansas City
Annual fixed costs ($ millions) $ 1.0 $ 1.1
Variable cost per unit $ 25 $ 40
Expected annual demand (units) 9,650 10,250

Using the above information, determine which location would produce the greater profit. (Omit the "$" sign in your response.)

(Click to select)Kansas CityOmaha would produce the greater gross profit of $ .

In: Operations Management

A newly formed firm must decide on a plant location. There are two alternatives under consideration:...

A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $177 in either case.

Omaha Kansas City

Annual fixed costs ($ millions) $ 1.2 $ 1.3

Variable cost per unit $ 27 $ 42

Expected annual demand (units) 9,750 10,350

Using the above information, determine which location would produce the greater profit. (Omit the "$" sign in your response.)

Which would produce the greater gross profit of $ ______________.

In: Operations Management

1.a. In a survey carried out at a famous water park, 28 children out of a...

1.a. In a survey carried out at a famous water park, 28 children out of a random sample of 80 said that they used the water slide regularly. Find a 95 % confidence interval for the true proportion of all children at the water park who uses the water slide regularly. [4]

b. The owner of the water park found that 45 children out of a random sample of 100 said that they used the pool regularly. Find a 98% confidence interval for the true proportion of all children in the water park who uses the pool. [4]

In: Statistics and Probability

In Avocado Park, 38% of the population is made up of immigrants. Consider a random sample...

In Avocado Park, 38% of the population is made up of immigrants. Consider a random sample of 78 residents of Avocado Park.

a.How many individuals must reside in Avocado Park to consider the selection of these individuals to be independent?

b.What is the probability that more than 30 of the residents in the sample are immigrants?

c. How many immigrants should be EXPECTED to be in the sample?

d.Peacoat Fashions currently employs 78 Avocado Park residents. If there are fewer than 20 employees that are immigrants, does that suggest that immigrants are less likely to be hired at Peacoat Fashions?

In: Statistics and Probability

Q3. A multistorey building is constructed in Al Seeb near old Muscat international airport. All the...

Q3. A multistorey building is constructed in Al Seeb near old Muscat international airport. All the structural work like (foundations, beams, columns, slabs and walls) of the building was completed. Now they want to start the exterior work like (plastering and painting of the whole building) to complete the building.   

a. Write any four type of scaffolding suitable for the above construction.   

b. Explain briefly the four types of scaffolding mentioned in the above question with neat sketch and label its parts.

c. How to set the complete procedure of the scaffolding for the multistoried building?

d. Write any three points about the advantages of steel scaffolding over the timber scaffolding

In: Civil Engineering

On January 3rd, 2009 Holiday Inn Hotels entered into a contract with Great Designs Inc., an...

On January 3rd, 2009 Holiday Inn Hotels entered into a contract with Great Designs Inc., an interior decorating firm, to have their hotel rooms re-decorated with new carpeting, bedspreads, curtains and wall art. Holiday Inn Hotels paid Great Designs Inc., $100,000 upfront and the work was to be completed by June 1st, 2009. On June 1st, 2009 work in 30% of the rooms was still not complete. The Hotel had a large conference group checking in on June 30th, 2009 that would result in all the rooms being occupied. The Hotel, therefore, terminated its contract with Great Designs Inc., and hired a different designer to finish the work. The new designer completed the work on June 30th, 2009 at an additional cost of $15,000. Answer the following questions:

  1. Did Holiday Inn Hotels act correctly in discharging its contract with Great Designs Inc.? Explain.
  1. Assuming that Holiday Inn Hotels did properly terminate Great Designs Inc., to what amount of damages is Holiday Inn Hotels entitled? Explain.

                                                                                                                                     

In: Finance

Busan Resort Hotel: Valuing an Independent Capital Project Harris Ford, General Manager of Busan Resort Hotel,...


Busan Resort Hotel: Valuing an Independent Capital Project
Harris Ford, General Manager of Busan Resort Hotel, paced his office and considered to expand the business by opening a karaoke pub and will name it Beach Karaoke Pub. The project will require an up-front investment of US$750,000. This represents the cost of a modern-style décor. Other capital investment, including chairs, bar tables, kitchen set-up and karaoke equipment, will cost US$100,000. Michael expects revenue to be generated 50% from walk-ins and 50% from hotel guests. Total sales are estimated to be US$740,950 for the first year of operation. Michael arrives at this figure by assuming an average of 70 covers per day with an average check of US$29. With a seating capacity of 35, the pub has to turn tables at least twice a day. Operating hours of the pub will be from 5:00 p.m. to midnight. The projected length of the project is six years and sales are expected to grow at 5% annually.
Michael’s estimates for operating costs are as follows:
Food and beverage costs
25% of sales
Salaries
16% of sales
Other operating expenses
22% of sales
Depreciation:
Equipment & furniture depreciated equally over the life of the project using the straight-line method; with zero salvage value at the end
Annual capital expenditure
Equaled depreciation (Same with depreciation cost)
Michael estimates that salary expenses will account for 16% of sales. Staff can be recruited internally because the hotel has excess manpower at this point. The excess staffs has long-term contracts with the hotel and are kept in order to meet the demands of the growing business. Repairs and maintenance costs will account for 2% of sales. The interest rate or required rate of return is 12% and the corporate tax rate in Busan is 30%
3. Introduction
4. Purpose of the study/project
5. Case study overview
6. Calculation of the project
a) Net Investment (NINV)
b) Net Cash Flows (NCFs)
c) Payback Period (PP)
d) Net Preent Value (NPV)
e) Internal rate of return (IRR)
7. Analysis
8. Decision
9. Conclusion
10. References
11. Appendix

In: Finance

The mayor of a town has proposed a plan for the construction of an adjoining community....

The mayor of a town has proposed a plan for the construction of an adjoining community. A political study took a sample of 1200 voters in the town and found that 45% of the residents favored construction. Using the data, a political strategist wants to test the claim that the percentage of residents who favor construction is not equal 48%. Testing at the 0.01 level, is there enough evidence to support the strategist's claim?

Step 1 of 7 : State the null and alternative hypotheses.

Step 2 of 7: Find the value of the test statistic. Round your answer to two decimal places.

Step 3 of 7: Specify if the test is one-tailed or two-tailed.

Step 4 of 7: Determine the P-value of the test statistic. Round your answer to four decimal places.

Step 5 of 7: Identify the value of the level of significance.

Step 6 of 7: Make the decision to reject or fail to reject the null hypothesis.

Step 7 of 7: State the conclusion of the hypothesis test.

In: Statistics and Probability