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Armando is the revenue manager at the 500 room Toro hotel. Tonight he forecast 300 stay-over and 200 arrivals. Assume Armando is accurate in forecasting a 5% no-show rate. How many additional reservations could he accept before he would require to be walk an arrival guest?
Assume the role of Nick and write an email to your uncle explaining why you think the company needs to get out of chemicals. You think the chemicals division could be sold for around half a million dollars. You currently have about $740,000 in debt r..
so the RFP is very sketchy providing little detail. In today's depressed economy, your small consulting company is "scratching" for survival. You have been charged to prepare an initial response that will attract the interest of the company that p..
What are the three critical measurements for achieving "The Goal"? How is the description of inventory different from the traditional definition?
a customer service center has customers call with questions about the use of a product. the mean arrival rate of
Using PERT, Adam Munson was able to determine that the project completion time for his home is 32 months with a project variance of 25 months. A) What is the probability that the project will be completed in 40 months? B) What is the probability that..
What is the public policy exception to employment at will? Give one example of a termination that may be construed as an exception to employment at will based on public policy.
Blimka v My Web Wholesalers, LLC case. Blimka is Suing My Web Company due to receiving bad merchandise. Blinka is an Idaho resident who found the My Wed when surfing in the internet, this company is in Maine. the Idaho high court held that Idaho cour..
Illustrate what is the logic in the least squares method of linear regression analysis. Overall the logic of least squares method is used to forecast the next quarterly sales of the organization.
Draw a complete decision tree for this problem. Clearly present the decision and event nodes, the associated probabilities, and the payoffs.
A piano manufacturer wants to track all pianos it makes. Each piano has a unique serial number and a manufacturing completion date. Each instrument represents exactly one piano model, all of which have an identification number and model. Identify the..
Assume four row vectors named Prod10, Prod11, Prod12, and Prod13 contain data on production of various electronic devices at your company during the four years 2010, 2011, 2012, and 2013, respectively. Create a new vector TotalProd that contains the ..
Jim is a CFO of a mid-sized construction company. One of his key tasks is to ensure that the company has sufficient cash to pay its daily and hourly workers who are hired whenever need arises. The company operates all 365 days a year and Jim estima..
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