What should be the price of the spa services

Assignment Help Operation Management
Reference no: EM131400060

Harrison hotel is considering adding a spa to its current facility in order to improve its list of amenities. operating the spa would require a fixed cost of $25000 a year. Variable cost is estimated at $35 per customer. the hotel wants to break even if 12000 customers use this spa facility. what should be the price of the spa services. rounder answer to 2 decimal places eg. 15.25.

Reference no: EM131400060

Questions Cloud

Improve business performance and decision making : What are the principal tools and technologies for accessing information from databases? How do these tools and technologies provide information to improve business performance and decision making?
Company manufactures two products for irrigation system : The Caterpillar Company manufactures two products for irrigation system, called Product A and Product B. Profit from each product A is $13 and product B is $22.Every product requires a certain amount of metal and plastic; the company has available a ..
Small firm take on the challenge of the triple bottom line : Some large multinational organizations eclipse the size of countries. They receive pressure to be good global citizens. But what about the entrepreneurial venture? How does the small firm take on the challenge of the triple bottom line?
Use the graphical procedure to find the optimal solution : Use the graphical procedure to find the optimal solution. Assume that the objective function coefficient for X changes from 8 to 6. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution.
What should be the price of the spa services : Harrison hotel is considering adding a spa to its current facility in order to improve its list of amenities. operating the spa would require a fixed cost of $25000 a year. Variable cost is estimated at $35 per customer. the hotel wants to break even..
Chest pain portable chest : Ancillary Chart 2 Chest X-Ray Reason for exam: Chest pain Portable chest, AP, One View: Comparisons are made with previous study. The cardiac silhouette is not grossly enlarged. The mediastinum is not widened. Lung fields are clear. Cardiac monitors ..
What should be the primary objective of managers : Assume that you recently graduated and have just reported to work as an investment advisor at the brokerage firm of Balik and Kiefer Inc. One of the firm’s clients is Michelle Dellatorre, a professional tennis player who has just come to the United S..
Researched influences compensation strategies : From the e-Activity, determine how the law you researched influences compensation strategies for all companies directly affected by the law in your state. Provide specific examples to support your response. Some people say that unions make it more di..
Codes and acts regarding discretionary employee benefits : Analyze the various codes and acts regarding discretionary employee benefits discussed in Chapter 2 and determine which code or law has had the greatest impact on the largest number of organizations. Explain your rationale. Building on the same analy..

Reviews

Write a Review

Operation Management Questions & Answers

  Should the structure of an organization change over time

Should the structure of an organization change over time? What other factors might influence the change of the structure of an organization?

  Compute the total variable inventory cost with the optimal

Compute the total variable inventory cost with the optimal Q* and R*. a. $400 b. $200 c. $800 d. $600 e. $1000

  Report early childhood obesity prevention policies

You are the director of marketing for a regional hospital. The board of directors at your hospital has studied the 2011 Institute of Medicine (IOM) report Early Childhood Obesity Prevention Policies. How long will the campaign last? How long would yo..

  Illustrate what is its final kinetic energy

A proton is initially at rest at a point where potential is 501 V. Sometime later proton is at a point where potential is 218 V. If no force or than electrostatic force acts on proton, illustrate what is its final kinetic energy.

  Define each component of an information system

Discuss each of the different components of an information system, and then explain how you can use the five-component model to guide your learning and thinking about information systems. Define each component of an information system

  Kinds of organic liquid soap-regular-lavender and citrus

Sarah’s Organic Soap Company makes four kinds of organic liquid soap- “regular”, “lavender”, “citrus” and “tea tree”. Demand for the four scents are 150, 120, 75 and 50 kgs per hour respectively. Sarah’s production process can produce any soap at the..

  Understand the procurement management process

Why is it important for a project manager to understand the procurement management process? Describe a common project risk, and the methods that can be used to monitor and control it.

  Identify the channels of communication

Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following- Define the purpose.

  Determination of the economic order quantity

A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,500 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order.

  Illustrate what information systems of the business

illustrate what the philosophical differences between the two are also explain how it effects the operation of the two operating systems. Please use proper APA format. Illustrate what information systems of the business will you use to conclude the..

  Products that comprise customer order

A, B, C, and D are products that comprise a customer's order. They must all be completed before the order can be shipped. The circles represent operations that must be performed tomake each product. Assume the customer has ordered 50 units of each pr..

  Motivate and communicate a vision

One of your main goals will be to motivate and communicate a vision while connecting to the firm's mission for all stakeholders, including your Board of Directors. A brief profile of the organization is as follows:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd