How might minimum stays (2 nights, 3 nights) help maximize revenue in a hotel?
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- Article: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…Article: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…Four automobiles have entered Bubba’s Repair Shop for various types of work, ranging from a transmis-sion overhaul to a brake job. The experience level of the mechanics is quite varied, and Bubba would liketo minimize the time required to complete all of thejobs. He has estimated the time in minutes for eachmechanic to complete each job. Billy can completejob 1 in 400 minutes, job 2 in 90 minutes, job 3 in60 minutes, and job 4 in 120 minutes. Taylor willfinish job 1 in 650 minutes, job 2 in 120 minutes, job3 in 90 minutes, and job 4 in 180 minutes. Mark willfinish job 1 in 480 minutes, job 2 in 120 minutes, job3 in 80 minutes, and job 4 in 180 minutes. John willcomplete job 1 in 500 minutes, job 2 in 110 minutes,job 3 in 90 minutes, and job 4 in 150 minutes. Eachmechanic should be assigned to just one of these jobs.What is the minimum total time required to finish thefour jobs? Who should be assigned to each job?
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- In an eff ort to increase capacity in Work Center 111 forweek 13, Yankee Machine Shop has authorized overtime. Th ework center will be staff ed 12 hours per day for six days. Becauseof the additional stress on the three machines, it is expected thatthe utilization rate will drop to 85 percent. Th e effi ciency rate isexpected to fall to 80 percent.(a) Calculate the capacity available in Work Center 111 forweek 13.(b) Will this plan provide suffi cient capacity to completethe orders given in Problem 23? If not, what do yourecommend be done?Mary and Marcia Brown are two sisters currently attending university together.Each requires advising in five subjects: history, English, mathematics, science,and religion. They estimate that the time (in minutes) that each will require foradvising isMary MarciaMath 40 20History 15 30English 25 10Science 15 35Religion 20 25They think that the five advisers will be available all day. Mary would like tovisit the advisers in the order given in the table, and Marcia would prefer to see them in the order math, religion, English, science, and history. At what timesshould each plan to see the advisers in order to minimize the total time for both tocomplete their advising?Average and Total Costs The Accounting Club wants to have a party for its members. The costof renting space is $1,500, and the cost of refreshments will be $15 per person.Required1. What is the total cost if 100 people attend? What is the average cost?2. What is the total cost if 200 people attend? What is the average cost?3. Explain why average total cost differs with changes in total attendance.