Chuck Stout is the RM for the Holiday Inn Express. His 220-room property normally sells 85 percent of its rooms on Tuesday nights at an ADR of $141.50. All variable costs related to selling his rooms are $55.00 per room. The DOSM at his Holiday Inn Express is proposing to place a bid to sell 125 rooms for a Tuesday night next month at a rate of $109.00 per room. Chuck believes that if the hotel wins this group rooms bid, the transient room sales for that day will ensure a sell-out at the rate of $141.50.
What would be the total amount of after-variable costs rooms’ revenue the hotel will achieve if it wins the group rooms contract?
| $14,967.50 |
| $13,442.50 |
| $16,175.50 |
| $18,747.50 |
What would be the after-variable room’s income if the hotel does not win the contract?
| $16,175.50 |
| $14,967.50 |
| $18,747.50 |
| $14,547.00 |
In: Finance
BUS201 - Business Law
Question 6
John Fogarty was staying at the Homelike Hotel and took a bath in the tub provided with his room. When he was ready to get out of the tub, he pulled on a device in the wall of the tub called a “Soap & Grab,” which was designed to be used for the purpose of helping people pull themselves out of the tub. Instead of performing that function, however, the “Soap & Grab” pulled out of the wall and hit John in the face, breaking his nose and giving him severe cuts. John would like to sue the Homelike Hotel for negligence but has no direct evidence of what they did or did not do concerning the “Soap & Grab.” Identify the legal doctrine under which John might establish a duty against the hotel in a negligence lawsuit and explain whether John’s situation meets the requirements of that legal doctrine.
In: Operations Management
An amusement park, whose customer set is made up of two markets, adults and children, has developed demand schedules as follows: Price ($) Quantity Adults Children 5 15 20 6 14 18 7 13 16 8 12 14 9 11 12 10 10 10 11 9 8 12 8 6 13 7 4 14 6 2 The marginal operating cost of each unit of quantity is $5. Because marginal cost is a constant, so is average variable cost. Ignore fixed costs. The owners of the amusement part want to maximize profits. Calculate the price, quantity, and profit if: The amusement park charges a different price in each market. The amusement park charges the same price in the two markets combined. Explain the difference in the profit realized under the two situations.
In: Economics
Alexandra Marcus, manager of the Sky Club Hotel, has requested your assistance on a queuing issue to improve the guest service at the hotel. Alexandra Marcus is considering how to restructure the front desk to reach an optimal level of staff efficiency and guest service. Observation of arrivals during the peak check-in time of 3:00PM to 5:00PM shows that an average of 80 guests arrive each hour. It takes an average of 3 minutes for the front-desk clerk to register each guest. At present, the hotel has five clerks on duty, each with a separate waiting line.
PLEASE SHOW CALCULATIONS!!
a. Average utilization rate of a server (p)
b. The probability of no. customers in the system (Po)
c. Average number of customers in the system (L)
d. Average time in the system (W)
e. Average waiting in line (Wq)
f. Average number of customers in line waiting Lq
In: Statistics and Probability
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 45 home theater systems has a mean price of $120.00. Assume the population standard deviation is $17.50.
In: Statistics and Probability
Zach, a 20-year-old, adopts sublimation as a defense mechanism. He has a keen interest in poetry. He wants to pursue a career in theater as he loves acting. In the context of Freud’s psychosexual stages of personality development, he is most likely to be fixated at the:
a) oral stage.
b) anal stage.
c) phallic stage.
d) latent stage.
In: Psychology
Use the table for the question(s) below . Consider the following expected returns, volatilities, and correlations: Stock Expected Return Standard Deviation Correlation with Duke Energy Correlation with Microsoft Correlation with Wal Mart − Duke Energy 14% 6% 1.0 1.0 − 0.0 Microsoft 44% 24% 1.0 − 1.0 0.7 Wal Mart − 23% 14% 0.0 0.7 1.0 Which of the following combinations of two stocks would give you the biggest reduction in risk? A. Microsoft and Duke Energy B. Duke Energy and Wal Mart − C. Wal Mart and Microsoft − D. No combination will reduce risk.
In: Finance
Part 1:
You wish to create a buffer with the pH equal to the pKa. If the following combinations were dissolved in 1.0 L of water, which combination(s) would accomplish that goal?
1) 1.0 mole of HF and 1.0 mol of NaF
2) 1.0 mole of HF and 1.0 mol of NaOH
3) 1.0 mole of NaF and 1.0 mol of HCl
4) 1.0 mole HF and 0.5 mol NaOH
A
1, 2, 3, and 4
B
1 only
C
1 and 4 only
D
None of these
E
2, 3 and 4 only
Part 2:
Nitrous acid has a Ka of 4.0E-4. In 1.00 L of solution, 0.700 moles of nitrous acid (HNO2) are added to 0.265 moles of NaOH. What describes the end result?
A
A solution of weak acid in water
B
A buffer solution in water
C
A solution of strong base in water
D
None of these
E
A solution of a strong acid in water
Part 3:
Nitrous acid has a Ka of 4.0E-4. in 1.00 L of solution, 0.700 moles of nitrous acid (HNO2) are added to 0.265 moles of NaOH. What is the final pH?
In: Chemistry
project on hotel management in dbms with er diagram and table (sql)
please give answer
In: Computer Science
In: Accounting