Questions
[The following information applies to the questions displayed below.] The following data pertain to the Aquarius...

[The following information applies to the questions displayed below.] The following data pertain to the Aquarius Hotel Supply Company for the year just ended. Budgeted sales revenue

Budgeted sales revenue

$

200,000

  Budgeted manufacturing overhead

364,000

  Budgeted machine hours (based on practical capacity)

10,000

  Budgeted direct-labor hours (based on practical capacity)

20,000

  Budgeted direct-labor rate per hour

13

  Actual manufacturing overhead

338,000

  Actual machine hours

11,000

  Actual direct-labor hours

18,000

  Actual direct-labor rate per hour

17

Required: 1. Compute the firm’s predetermined overhead rate for the year using each of the following common cost drivers: a. machine hours b. direct labor hours c. direct labor dollars

2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. a. machine hours b. direct labor hours c. direct labor dollars

In: Accounting

Forecasting Exercise Every year the U of I hosts the Lionel Hampton Jazz Festival. Below you...

Forecasting Exercise Every year the U of I hosts the Lionel Hampton Jazz Festival. Below you will find some issues that need to be forecast in order to provide the best experience possible to customers, develop effective plans, and deliver "profits" to businesses. How many schools (and students) will be attending? How many will attend Saturday night’s concert? (Lionel Hampton Jazz Festival Big Band) What will be room availability in Lewiston because of the festival? What should I charge for my hotel rooms during the busy weekend? Is there a threshold? How much more should Casa Lopez be ordering for Thursday, Friday, and Saturday? What will the economic impact be to the city of Moscow? Select two or three and write a double-spaced paper telling what you forecasted and how you came up with the forecast you made – discuss the mechanics of how you would develop your forecasts. The specific numbers are not as important as demonstrating a well thought out approach to your forecast.

In: Operations Management

Recently, the power of cloning to rescue endangered or extinct species was demonstrated by applying nuclear...

Recently, the power of cloning to rescue endangered or extinct species was demonstrated by applying nuclear transfer methods to save the mouflon, a species of wild sheep (left half of figure). This result piqued a fair amount of general interest, because of its possible implications for the return of other, more exotic, species from the jaws of extinction (as pictured on the right). Suppose a wealthy investor came to you with a proposal to create a real-life Jurassic Park (naturally, with far more detailed strategy to contain the animals), asking for your scientific analysis of their plan to use SCNT to bring back dinosaurs.

a. Considering all of the materials and technical steps involved in the process of nuclear transfer, list three problems you envision will be encountered by their team of scientists.

b. Speculate on how a researcher might overcome each of the obstacles you identified in (a), or state why you feel they may be insurmountable.

c. Given your analysis in (a) and (b), briefly comment on whether you think that the wealthy investor’s plan is feasible.

In: Biology

The Marriott company (Marriott: Reducing Our Footprint) makes the following claim about its "sustainability strategy": Our...

The Marriott company (Marriott: Reducing Our Footprint) makes the following claim about its "sustainability strategy":

Our sustainability strategy supports business growth and reaches beyond the doors of our hotels to preserve and protect our planet’s natural resources. Marriott’s environmental goals are to:

• Further reduce energy and water consumption 20% by 2020 (Energy 20 percent per kWh/conditioned m2; Water 20 percent per occupied room (POR). Baseline: 2007);
• Empower our hotel development partners to build green hotels;
• Green our multi-billion dollar supply chain;
• Educate and inspire associates and guests to conserve and preserve;

Address environmental challenges through innovative conservation initiatives including rainforest protection and water conservation.

Find statements from two other companies that detail their environmental; policy/sustainability strategy. Summarize those statements. Critically evaluate the policies/strategies - Are they good policies/strategies? Will they truly help the environment?

In: Operations Management

Identify the UCS, UCR, CS, and CR in the following examples: UCS UCR CS CR 1....

Identify the UCS, UCR, CS, and CR in the following examples:

UCS

UCR

CS

CR

1. Jamie was talked into riding on the roller coaster when she was 12. The ride absolutely terrified her. Now whenever she goes to the amusement park, she breaks into a cold sweat if she even looks at the roller coaster

2. Kim was sick all night after eating a bad fried oyster. Now, she says, the smell of ANYTHING frying makes her feel nauseated.

3. Sinbad was frightened when a barking spaniel lunged at the fence as Sinbad walked by. The next day, when Sinbad’s mother started to lead him by the house where the spaniel lives, Sinbad began to tremble and whimper.

4. Lassie drools whenever she hears the can opener.

5. Makoto was stung by a bee in the garden. Now, whenever he hears a buzzing sound, he starts to tremble.

6. Just smelling his girlfriend’s perfume makes Romeo feel happy and relaxed.

In: Psychology

For this assignment, you play the role of an marketing analyst for an online travel site...

For this assignment, you play the role of an marketing analyst for an online travel site called GlobalTrekTravel (GTT, a fictitious online business used for this course). GTT is focused on international travelers and provides online booking tools for airfare, ground transportation, hotel and sight-seeing tours, travel insurance, language support with translation services, passport and visa document preparation, and medical immunization recommendations. In sum, GTT addresses all needs of an international business or holiday travelers to have successful journeys. GTT’s marketing focuses on this value proposition: “We give you integrated travel services for all your International business and personal travel needs, saving time and frustration. We stay current to the world’s everchanging travel conditions, reducing your travel stressors.”

Your objective is to help them better understand their customers and find ways to use digital channels and data to serve their needs. They are seeking a customer journey analysis, that will allow them to take appropriate action.

In: Operations Management

The Marriott company (Marriott: Reducing Our Footprint) makes the following claim about its "sustainability strategy": Our...

The Marriott company (Marriott: Reducing Our Footprint) makes the following claim about its "sustainability strategy":

Our sustainability strategy supports business growth and reaches beyond the doors of our hotels to preserve and protect our planet’s natural resources. Marriott’s environmental goals are to:

• Further reduce energy and water consumption 20% by 2020 (Energy 20 percent per kWh/conditioned m2; Water 20 percent per occupied room (POR). Baseline: 2007);
• Empower our hotel development partners to build green hotels;
• Green our multi-billion dollar supply chain;
• Educate and inspire associates and guests to conserve and preserve;

Address environmental challenges through innovative conservation initiatives including rainforest protection and water conservation.

Find statements from two other companies that detail their environmental; policy/sustainability strategy. Summarize those statements. Critically evaluate the policies/strategies - Are they good policies/strategies? Will they truly help the environment?

In: Operations Management

Henry Jones is the owner of True Adventure Vacations, Inc. He is considering the purchase of...

Henry Jones is the owner of True Adventure Vacations, Inc. He is considering the purchase of computer equipment that will facilitate airline and hotel accommodations. He paid a consultant a $20,000 fee to identify the best computer system and to identify the best computer system and to identify related costs of the project. The computer will cost $300,000. Installation will cost $20,000 and training of personnel will cost $10,000. He will incur $50,000 in advertising costs to kick off the new improved services that will feature worldwide accommodations. He projects that there will be a $200,000 increase in sales annually over the 5 year life of the project. Costs are 60% of sales. The computer has a five year useful life and a salvage value of $30,000. Jones will use straight line depreciation. Working capital investment is $10,000 and will be fully recovered at the termination of the project in five years.

  1. What is the annual after-tax cash flow for this project over the next five years? The tax rate is 34%.
  2. What is the NPV of the project if the discount rate is 12%?

In: Finance

The upper management of United American insurance company has passed along the new goal of improving...

The upper management of United American insurance company has passed along the new goal of improving customer service to the district managers. The district managers will set goals to be achieved over the next 6 to 24 months as part of ____ planning.

Multiple Choice

  • middle-level

  • operational

  • strategic

  • working-level

  • tactical

In: Operations Management

The European Union uses the single currency, Euro, in member countries. However, United Kingdom (Britain) has...

The European Union uses the single currency, Euro, in member countries. However, United Kingdom (Britain) has decided to exit the European Union. This is has been termed as the Brexit. Why, in your opinion, would a country such as Britain wants to exit the European Union? Is this a good or bad move? Explain your answer.

In: Economics