Property Data Answer the following questions about property data: Briefly describe how STR obtains raw property data. Identify the various metrics used by the hotel Industry, both the raw values, the KPIs, and the Percent Changes. Explain how metrics are calculated when it comes to multiple time periods. Compare the differences between how monthly and daily data is treated Identify “hints” that should be remember when working with the various metrics.
Q: A T www.royalonlineschool.ca/mod/assign/view.php?id%3D1180 Case: You are the CEO of Canadian…
A: Cultural relativist mind set implies understanding, respecting and following the cultural practices…
Q: g) Suppose that the profit contribution of component 3 decrease by $2.00 . Would the optimal…
A:
Q: The setting is a Ralph Lauren outlet store, and the product line is Polo golf shirts. A product…
A: The complete values of given spreadsheet is as follows - Quantity Price Total Rev…
Q: Based on the following sensitivity report, what would be the impact of changing the objective…
A: The 100% rule can be applied to decide if a modification in various objective function coefficients…
Q: Triple X Company manufactures and sells refrigerators. It makes some of the parts for the…
A: Fixed cost= $50,000 Labor cost= $1,25,000 Factory overhead= $60,000 Raw…
Q: Snyder’s of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack…
A: Repeatedly inputting and processing data at a large corporation like Snyders is a source of worry.…
Q: Zachry Berhad, an office supplies specialty store, prepares its operating budget on a quarterly…
A:
Q: CA Corporate has an available funds of $200,000 is considering for new investment opportunities. The…
A: Investment portfolio of stocks is given as follows:
Q: began operations in 2015 and reported profits for the years 2015 through 2018. Due primarily to…
A: Ethics is all framing the behaviours in accordance with the moral principles and values. From an…
Q: MarkLines is an online portal (www.marklines.com) that reports automotive industry data. The table…
A: Find the Given details below: Given Details: Car Sales Manufacturer Jan.-Nov.(2017)…
Q: Train an ID3 decision tree for a dataset shown in the following table. The table contains 2…
A: The following is the python code for ID3 decision tree and predict values.
Q: Using MAD as the criterion, which of the following models would you use for the given time series…
A: THE ANSWER IS AS BELOW:
Q: alternatives big average small large stock $22000…
A: Given that - Alternatives Big Average Small Large Stock $22,000 $12,000 -$2,000…
Q: Grass MixMix RequirementsWrigleyNo more than 50% tall fescue At least 20% mustang fescuePastureAt…
A: ANSWER : Now we need to create this question as an assignment problem. The mixes will be in column…
Q: XYZ Corporation manufactures two products, Simple and Complex. The following annual information was…
A: Given data Total annual fixed cost = P18000 Plant capacity = 12000 hours
Q: The forecasted annual demand for a company is 4000 units. It costs $200 each time an order is…
A: Given That - Annual Demand (D)= 4000 units Ordering Cost (S)= $200 Holding Cost (H)= $0.50
Q: Family Furniture manufactures two products: Chairs and Sofas. The following data are available:…
A:
Q: . Using the high-low method, express the company’s maintenance costs as an equation where x…
A: Variable cost an be computed as, Variable cost = (Cost at highest activity - Cost at lowest…
Q: Refer to the Factory-to-Six-Customers problem and start with the original information. Each customer…
A: initial case
Q: Creative sports design (CSD) manufactures a standard size racket and an over sized racket. The…
A: Let us consider the 2 week production period together to build our model. Let us assume SS be the…
Q: The following data pertain to the Oneida Restaurant Supply company for the year just ended.…
A: Overhead cost refers to all the indirect expenses that are incurred during the manufacturing…
Q: The following data is given x 0.2 0.5 1 2 3 y 3 2 1.4 1 0.6 Using the transformed…
A:
Q: The plot of the time series is not necessary to decide about the best model to be used for…
A: Regardless of whether we wish to anticipate the pattern in monetary business sectors or power…
Q: Example 2.2-1 To select the best source for structural steel, a construction company has asked…
A: Given Information:
Q: Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard…
A: Objective Functions and Constraints: Based on the given details, we found the…
Q: subject to X, - 2x, + x, 2 20 2x1 + 4x2 + X3 = 50 and X, 2 0, X 2 0, X3 2 0. (a) Using the Big M…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: The management accountant at Miller Merchandising & More, Odail Russell is in the process of…
A: Cash budget of the organization shows all expected cash collections and cash payments to be made in…
Q: describe the specific internal control weakness (s) in the system that causes or contributes to the…
A: The answer is as below:
Q: An analyst is constructing a simple model to determine the gross and net profit of a product, given…
A: Given that - Profit per unit $5 Quantity 18,200 Gross profit ? Total costs 8,300 Net…
Q: The Mega-Bucks Corporation is planning its production schedule for the next four weeks and is…
A: Given, Forecasted Demand of Compound X Week Demand 1 400 lbs. 2 150 lbs.…
Q: Comp Sets Answer the following questions regarding Comp Sets. Demonstrate how KPIs and percent…
A: KPIs for the comp set are inferred dependent on the totaled raw information for each different inn…
Q: Cox Electric makes electronic components and has estimated the following for a new design of one of…
A: Find the Given details below: Given Details: Fixed Cost 12750 $ Material Cost 0.16 $/Unit…
Q: A zoo wishes to transport a family of four wolves overnight to a facility 200 km away. The journey…
A: As the journey will take 6hrs+45mins at each end for loading and unloading of animals. As the sedate…
Q: hat is the value of X3 on the Cj row? What is the value of S2 on the right-hand side/quantity…
A: Max' C=-3x1-7x2-5x3 x1+x2+x3-s1=50 2x1+3x2+x3-s2=100 Multiplying the equation with 2 and 1…
Q: Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions.…
A: Information technology is drastically changing the business perspective. Although organizational…
Q: A Leading manufacturer of Action Figures is about to introduce four new Action Figures. The…
A: given,
Q: The ABC Company makes two products that can be produced on two different production lines. Both…
A: Given data is, Objective function: Max Z==500x1+700x2 Subject to: 1.) 3x1+2.50x2≤8002.) 5x1+4x2≤600…
Q: Bullseye Shirt Company makes three types of shirts: athletic, varsity, and surfer. The shirts are…
A: Decision Variable: Suppose- Xij be the yards of fabric of the ith ingredient used in the jth…
Q: John is interested in finding a ute car. Below is the summary of his criteria and the choices that…
A: Find the Given details below: Given Details: Criteria Weight Ford Ranger Mitsubishi Triton…
Q: This type of operational planning may cover the medium‐term needs of the business including…
A: Planning is the base of any organization. If one is not capable of planning, then automatic planning…
Q: XYZ Corporation manufactures two products, Simple and Complex. The following annual information was…
A: Profit maximization is a cycle business firms go through to guarantee the best result and cost…
Q: he Wilcox Manufacturing Company produces an item that is subject to wide seasonal fluctuations in…
A: Linear programming model This is the model used by the firms to determine a level of activity,…
Q: Calculate the following based on a year duration: (a) Percentage invested in inventory (PIII); (b)…
A:
Q: The following table represents sales data for milk (in hundred liters0 sold by a grocery. Do the…
A: Given data - Month Demand (In 100 Lt.) 1 39 2 47 3 39 4 44 5 49 6 48 7 45 8 56…
Q: LP PROBLEM: Ozark Farms uses at least 800 lb. of special feed daily. The special feed is a mixture…
A: Given data is
Q: Friendly Waste Co. runs three different factories and is required by law to safely dispose of…
A: THE ANSWER IS AS BELOW:
Q: The Chineke Group of Company manufactures two products, namely product B and product P, and provides…
A: COnvert the given costs into quantity to make constraints for labour hours, and material used…
- Property Data
Answer the following questions about property data:
- Briefly describe how STR obtains raw property data.
- Identify the various metrics used by the hotel Industry, both the raw values, the KPIs, and the Percent Changes.
- Explain how metrics are calculated when it comes to multiple time periods.
- Compare the differences between how monthly and daily data is treated
- Identify “hints” that should be remember when working with the various metrics.
Step by step
Solved in 2 steps
- Seas Beginning sells clothing by mail order. An important question is when to strike a customer from the companys mailing list. At present, the company strikes a customer from its mailing list if a customer fails to order from six consecutive catalogs. The company wants to know whether striking a customer from its list after a customer fails to order from four consecutive catalogs results in a higher profit per customer. The following data are available: If a customer placed an order the last time she received a catalog, then there is a 20% chance she will order from the next catalog. If a customer last placed an order one catalog ago, there is a 16% chance she will order from the next catalog she receives. If a customer last placed an order two catalogs ago, there is a 12% chance she will order from the next catalog she receives. If a customer last placed an order three catalogs ago, there is an 8% chance she will order from the next catalog she receives. If a customer last placed an order four catalogs ago, there is a 4% chance she will order from the next catalog she receives. If a customer last placed an order five catalogs ago, there is a 2% chance she will order from the next catalog she receives. It costs 2 to send a catalog, and the average profit per order is 30. Assume a customer has just placed an order. To maximize expected profit per customer, would Seas Beginning make more money canceling such a customer after six nonorders or four nonorders?If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60 per unit. a. How can the monopolist maximize her profit? b. If the monopolist must pay a sales tax of 5% of the selling price per unit, will she increase or decrease production (relative to the situation with no sales tax)? c. Continuing part b, use SolverTable to see how a change in the sales tax affects the optimal solution. Let the sales tax vary from 0% to 8% in increments of 0.5%.The cost data for Evencoat Paint for the year 2019 is as follows: Month Gallons ofPaintProduced EquipmentMaintenanceExpenses January 110,000 $70,700 February 68,000 66,800 March 71,000 67,000 April 77,000 68,100 May 95,000 69,200 June 101,000 70,300 July 125,000 70,400 August 95,000 68,900 September 95,000 69,500 October 89,000 68,600 November 128,000 72,800 December 122,000 71,450 A. Using the high-low method, express the company’s maintenance costs as an equation where x represents the gallons of paint produced. Then estimate the fixed and variable costs. Fixed cost $ Variable cost $
- XYZ Corporation manufactures two products, Simple and Complex. The following annual information was gathered: Simple Complex Selling price per unit P47.00 P26.00 Variable cost per unit 42.00 22.00 Total annual fixed costs are P18,000. Assume XYZ Corporation can produce and sell any mix of Simple or Complex at full capacity. It takes 1.5 hours to make one unit of Complex. However, Simple takes 50% longer to manufacture when compared to Complex. Only 120,000 hours of plant capacity are available. How many units of Simple and Complex should XYZ Corporation produce and sell in a year to maximize profits?Sales representatives sell two products A and B. Based on historical data there is an average 20 euro commission for every call on product A and a 10 euro commission for every call on product B. Data also shows that sales representatives spend about 3 hours per call for product A and 2 hour for product B. The company requires at least 25 calls per month for each product and not more than 100 calls per month on any one product. How should the sales representatives allocate their monthly 165 working hours between making calls selling products A and B if they want to maximize their commission? a) Mathematically formulate the LP model for maximizing commissions (=primal problem) b) Mathematically formulate the dual problem of the primal problem. Implement both LP models (primal and dual) using Excel Solver. c) Report the optimal objective functions, decision variable values and the shadow prices of both the primal and dual problems. d) Confirm that these numbers are in line with…XYZ Corporation manufactures two products, Simple and Complex. The following annual information was gathered: Simple Complex Selling price per unit P47.00 P26.00 Variable cost per unit 42.00 22.00 Total annual fixed costs are P18,000. Assume XYZ Corporation can produce and sell any mix of Simple or Complex at full capacity. It takes one hour to make one unit of Complex. However, Simple takes 50% longer to manufacture when compared to Complex. Only 120,000 hours of plant capacity are available. How many units of Simple and Complex should XYZ Corporation produce and sell in a year to maximize profits?
- Chris LeBlanc estimates that if he does five hours of research using datathat will cost $175, there is a good chance that he can improve hisexpected return on a $10,000, one-year investment from 6% to 9%. Chrisfeels that he must earn at least $30 per hour on the time he devotes to hisresearch.a. Find the cost of Chris’s research.b. By how much (in dollars) will Chris’s return increase as a result ofthe research?c. On a strict economic basis, should Chris perform the proposed reserach?Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion? C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above they should use. Justify your…Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?
- The following data pertain to Aurora Electronics for the month of February. Static Budget Actual Units Sold 10,000 9,000 Sales revenue $120,000 $103,500 Variable manufacturing cost $40,000 $36,000 Fixed manufacturing cost $20,000 $20,000 Variable Selling and administrative cost $10,000 $9,000 Fixed selling and administrative cost $10,000 $10,000 Compute the sales-price and sales-volume variances for February.Under Fundamental analysis the intrinsic value of the stock is meassured by analysing economic and financial factors. This method analysis the stock's real and fair market value. According to this analysis if the market price of the stock is lower than its fair market value then the stock is deemed to be underpriced, which means the stock price is going to rise in future. On the other hand if the fair market value of the stock is lower than its market price then it is assumed that the future prices of stock are going to decline. BASED ON THE STATEMENT ABOVE PLEASE DRAW THE GRAPH AND EXPLAIN IT ON U.S. SITUATIONIntegrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect). B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above…