Need Answer for only Question 7 Question 6The City Seasons Towers Hotel Bur Dubai is a luxury place that accommodates guests from aroundthe world, both business and leisure. One third of the guests checking in each day are leisure travelersand two thirds are business travelers. Leisure travelers stay for an average of 3.6 nights, which istwice as long as the average business customer's stay. In an average day, a total of 135 customers(business or leisure) check in to the hotel.If we assume that each customer rents one room, how many rooms are occupied in the hotel on anaverage day? (keep your decimals in the intermediate calculations but round your final answer to zerodecimals).Question 7For the City Seasons Towers Hotel Bur Dubai in the previous question, what is the number of inventoryturns per month for the total clientele, assuming 30 days in one month? (round your final answer to twodecimals).

Given - Total customer in an average day = 135 Leisure travelers stay for an average = 3.6 nights

Answered: Question 6 The City Seasons Towers…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question 4Consider a birth death model with birth rates in states n = 0, 1, . . . and death rates in states n = 1, 2, . . (a) Give the detailed balance conditions for the equilibrium probability of being in state n, for n = 0, 1, . . . and explain how they are derived. (b) Using the detailed balance conditions derive an expression and state any condition needed to ensure that the equilibrium distribution exists. (c) i Now consider the M/M/1 queue with arrival rate λ and service rate µ and explain how it can be modelled as a birth death model. ii. For the M/M/1 queue derive the form of , the equilibrium distribution of the number of customers present, and give any conditions needed to ensure the existence of the equilibrium distribution. Derive the mean value of the equilibrium distribution
Question : One way for a manager of a property to increase the net operating income of a retail store is to increase the flow of customer traffic into the store. If the increased traffic results in increased sales, then the net operating income of the store will increase. If this can be sustained then the manager has increased the value of the property. True or False
Question 2 A particular road is used by N drivers each day. Each driver obtains a benefit v from the journey and incurs a cost c(N ) that increases with the number of drivers on the road due to congestion. Suppose that the cost incurred is given by c(N) = a+bN, for some positive numbers a, b. If the agent decides not to use the road, they receive 0. You may assume throughout that the number of drivers N can be any real number (rather than an integer). Each driver uses the road at most once. the number of drivers that join the road is Ne = (v−a)/b (iv) Suppose that the government charges a toll t (a congestion charge) for each journey. Find the optimum toll. Interpret your answer in terms of the externality that each driver imposes on others.
Question #5: If the restaurant runs a sale and the customer arrival rate increases by 20%, how would this change the total time expected to serve a customer? How would this change the average number of cars in the drive thru-line?
Question 4 CWD Business systems maintains a successful Telecom sales department for Top up call credit in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the department are answered automatically by an answering machine and asked to wait. As soon as the clerk is free, the party that has waited the longest is transferred and answered first. Calls come in at a rate of about 15 per hour. The clerk is capable of taking an order in an average of 3 minutes. Calls tend to follow a Poisson distribution, and service times tend to be exponential. The clerk is paid $15 per hour, but because of lost goodwill and sales, CWD loses about $30 per hour of customer time spent waiting for the clerk to take an order. Part A a. What is the probability that no customers are in the system (Po)? b. What is the average number of customers waiting for service ( Lq)? c. What is the average number of customers in the system (L)?d. What is the average time a…
Question 3) Waiting Line Analysis Helen runs a small shop where she provides a service. She is able to process an average of 8 customers per hour. An average of 5 customers per hour seek this service at her shop. What is: a) the probability that Helen will not be working with a customer (no customers) when the shop phone rings? b) the probability of 4 customers in the system? c) the average time a customer spends waiting in line (in minutes)?
Which of the following is not true? Question 6 options: 1) Climate involves statistics (e.g., long-term averages) but weather considers conditions at a particular time and place (e.g., one week of this summer). 2) The current weather at a location can be characterized by a single measurement, but climate requires many years of measurements (typically around 30) to characterize. 3) Both weather and climate can vary regionally (e.g., from one side of a mountain range to another). 4) Climate only refers to temperatures, but weather also includes other factors like wind, rain, and snow.
Question #4: On average, how many cars do you expect to have in the drive-thru line? (Include those waiting to place orders and those waiting for food.)
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Question 2: Consider the network below with distances (shown in rectangles) in miles between the nodes (shown in circles). 1. Briefly describe if it is possible to develop an LP formulation of the above problem and how the the bigger instances of such problems can be solved. 2. Let us suppose you are working as an operations manager at a supermarket responsible for delivery of online orders of grocery items. Briefly describe how you will make use of the Shortest Route problem in the daily efficient delivery operations with given customer orders receiving times.
Question Primer Inc. offers plumbing and air conditioning services to customers in Kumasi, Ghana. The company’s product strategy is to solve the customer’s problem irrespective of what it takes, at the time the customer needs it solved. The company provides same day service for customers, and theaim is to make the customer happy before leaving.The services of the company are available 24 hours a day, 7 days a week for customers. There is no extra charge for requests made on holidays, odd hours of the day, or in festive seasons. The company aims to be available at the call of customers without charging a pesewa extra, even at times when rival firms won’t get out of bed. The company fixes the price of the service before it begins, and customers can be assured of no extra charges. Irrespective of the customer’s location in the city, Primer Inc. does not charge additional fees for transportation. For all services, the company provides a one year guarantee on all parts and labour used,…
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