Write a memo rejecting an idea to shorten wait lines

Assignment Help Finance Basics
Reference no: EM131284379

Write a memo rejecting an idea to shorten wait lines.

You're new to the management staff of Cedar Point, a large amusement park in Sandusky, Ohio. Cedar Point is renowned for its 14 roller coasters and dozens of other exciting rides. Each ride can accommodate many people at once, so the lines don't stand still for very long.

Even so, on summer holidays and weekends, the wait for Cedar Point's most popular rides, such as the Millennium Force roller coaster, can be lengthy. In fact, when Wall Street Journal reporters sampled the midday waiting time at parks around the United States, they waited one hour for the two-minute Millennium Force ride. At the other end of the spectrum, the reporters waited only 11 minutes or less to jump on rides at Coney Island in Brooklyn, New York, an old-fashioned park where the lines lengthen after dark.

Your boss, Cedar Point's top operational offi cer, has asked all employees to submit ideas for a system that would make the wait less onerous for customers. One employee suggests that parents with strollers be allowed to go to the front of the line, on the theory that this policy reduces the likelihood of noisy scenes with fussy kids.

You believe that other customers would resent this system; you also don't believe that it would dramatically affect either the wait or customers' perceptions of it. You decide to reject this idea. Write this memo, using your knowledge of bad-news replies (making up any details you need).

Reference no: EM131284379

Questions Cloud

Write an email refusing a customer''s request for a refund : As a representative for Whole Foods, you find this tweet and send the customer a direct message (DM) to obtain his email address. In your email to the customer, reject his request for a refund. You may invent your own rationale for the decision. A..
Write the heat equations and boundary conditions : A shaft of radius rotates inside a sleeve of thickness or G.- Write the heat equations and boundary conditions for the temperature distribution in the shaft and sleeve.
Expenditure multiplier related to the marginal propensity : Suppose the economy has no income taxes or imports. How is the size of the expenditure multiplier related to the marginal propensity to consume? What is the multiplier if the MPC equals 0.25? If the MPC equals 0.50? If the MPC equals 0.90?
How many pounds of cargo will you need to carry to achieve : How many pounds of cargo will you need to carry to achieve this maximum? How much do the medical care expenses need to be (at least) for the employee to have to pay the maximum figure, as in the question above?
Write a memo rejecting an idea to shorten wait lines : You're new to the management staff of Cedar Point, a large amusement park in Sandusky, Ohio. Cedar Point is renowned for its 14 roller coasters and dozens of other exciting rides. Each ride can accommodate many people at once, so the lines don't s..
Law of demand and the law of supply : State and explain the difference between the law of demand and the law of supply. What does the phrase ‘other things equal" mean? Why do we need that?
Write two dimensional steady state heat equation : A rectangular plate of length L and height H slides down an inclined surface with a velocity U.- Write the two-dimensional steady state heat equation and boundary conditions.
Should juanita attempt to reduce voluntary and involuntary : Should Juanita attempt to reduce voluntary and involuntary turnover?
Forecast the values of sales : Apply Holt-Winters Double exponential smoothing (without seasonality) to forecast the values of sales X for periods 13 and 14, using α = 0.2 and β = 0.3. Assume 12 months of sales data, as shown in the table below:

Reviews

Write a Review

 

Finance Basics Questions & Answers

  What are advantages and disadvantages to a taxpaying entity

What are the advantages and disadvantages to a taxpaying entity in issuing debt as opposed to equity? Explain the difference between subordinate debentures and debentures.

  Construct and solve the dupont and modified dupont equations

Construct and solve the DuPont and Modified DuPont equations for Saratoga Farms. What would be the impact on ROE if the debt to TA ratio were 80%? What would be the impact on ROE if the debt to TA were 20%

  We obtain the following values approximately for d1 and d2

you are valuing the equity in a firm with 800 million face value in debt with an average duration of 6 years and

  If the market price of a share is currently 100 and you

the risk-free rate of return is 8 the expected rate of return on the market portfolio is 15and the stock of xyrong

  Personal ethics and leadership statement

The objective of this assignment is to encourage you to explore your personal ethical perspectives and how those perspectives will fit into a career in business, as well as to consider your preferred leadership styles and goals.

  Challenges for practitioners to utilize expected return

1. Why is expected return considered forward-looking? What are the challenges for practitioners to utilize expected return?

  What will the customer be charged

A customer places 9 orders with a total direct cost of $2,800, orders 282 separate items, and makes 3 returns. What will the customer be charged?

  Explain the functions of the foreign exchange market

Discuss the differences between translation, transaction and economic exposure and what managers can do to manage each type of exposure. Write your paper in 4-5 double-spaced pages.

  The loan in five equal annual installments of 416100 the

your bank has offered you a 15000 loan. the terms of the loan require you to pay back the loan in five equal annual

  Problems on present value and bonds

A bond with an yearly coupon of $100 originally sold at par for $1,000. The current market interest rate on this bond is 9 percent.

  Hydra has 113 billion in debt outstanding a market

hydra multinational is a vast conglomerate firm involved in a wide array of business ventures ranging from satellite

  Avanti corporation had beginning inventory 50000 cost of

avanti corporation had beginning inventory 50000 cost of goods purchased 350000 and ending inventory 100000. what was

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