Cleaning Support Portfolio - Hotel Management

Lodging  Risk-free rate of 8.95%; long-term rate used due to the log usefulness of asset lives

10. If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

Rented Rooms Rooms Occupied % 71 76 62 53 68 60 71 83 94 57 88 60 80 79 99 96 77 55 68 54 67 79 99 78 90 93 82 89 83 92 76.77 9 9 11 9 5 11 5 11 5 15 5 11 5 9

In, 8 hours a day, the company can produce 60 * 8 * (1/0.5) = 960 shirts, which is the current production capacity. But it needs to produce only 800 shirts.

The existence of honor codes has had basis in helping students learn since their inception, but there are still those who object to their very definition. Nearly every institution centered around the education of children has some sort of code of conduct or set of rules in place for the betterment of the students. However, the term ‘honor’ in the title ‘honor code’ is what people can occasionally take issue with, as the term often implies a much more respectful idea. This issue leads one to question the purpose of honor codes. Although honor codes, like that of the school in Tobias Wolff’s Old School, exist for the purpose of bettering the students by ensuring that they all have an equal chance and that they all do their own work, Mr. Ramsey objects to his school’s honor code because he believes in a much more personal and valuable meaning of the word ‘honor’.

Therefore, we would only be willing to pay at the most, (27-22) orders worth of rent, which = 5 * (2.00 + 0.70) = $13.50 per day.

To determine the cost of labor to re-work under filled cases, I divided the hourly rate of the employee ($8.50/hr)

1. The local Mastermind store sells innovative educational toys. Part of their service is giving advice to customers about the best toys for a particular age group, which requires having more customer service representatives in the store. During the month long Christmas buying season, it makes half of its $500,000 yearly sales. Its contribution margin on average is 40% and its fixed costs for the year are about $150,000. The owner believes that she could make even higher sales, if she had more customer service representatives on the floor during the peak season. She plans on hiring four more people for 200 hours each at $20 per hour. How much additional revenue does she have earn to the nearest dollar

But at the same time one must keep in mind that how much it will cost follow about the consumption by each resident. As we see in this example, food service, supportive services are around 43% of the total costs, so we can maintain accounts for each resident for these services, at the same time, laundry services are only 3.74% of the total costs, and it is not advisable to maintain laundry costs for each resident, which may cost more.

There are a number of support functions used by large hospitality businesses with the aim to support and improve the overall efficiency of a business. The four support functions I will be looking at are finance, customer services, marketing and human resources.

Big Tex wants his new manager (the same one mentioned in part d. above) to oversee a proposed hotel gift shop. The small gift shop will increase his ADR by 1%, his variable costs by 5 %, and his fixed costs by $24,000.

24,675 = (18% x 1175 x 1.5 x base wage rate) + (82% x 1175 x base wage rate)

| | | | | | | | | | | | | |75000 | |100000 | |125000 | |150000 | |175000 | |200000 | | |  | |  | |  | |  | |  | |  | |Direct Labor |4.00 |  |3.90 |  |3.80 |  |3.70 |  |3.80 |  |4.00 | |Material |2.00

No.of employees * 10% of gross sales = Cost of set up & ongoing communication + No. of employees * (Employee Base Salary + 5% of gross sales)

The Hotel is situated in the bustling East Cork market town of Midleton, located just 14 miles (15 mins drive)