A hotel has 300 available rooms. On Tuesday night the hotels revenue manage forecasts 50 stay overs,
Question:
A hotel has 300 available rooms. On Tuesday night the hotel’s revenue manage forecasts 50 stay over’s, 125 arrivals, 15 no-shows, 10 walk-ins, and 5 early departures. What will be this revenue manager’s occupied rooms forecast for Tuesday night?
a. 165
b. 175
c. 145
d. 155
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays and leisure customers during the weekend. However, the...
-
Comfort Plus, Inc., has a hotel with 300 rooms in a metropolitan city. Its main competitor, Connors Hotel, has a hotel with 350 rooms in the same city. The following operating data are available for...
-
Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays, and leisure customers during the weekend. However, the...
-
In the conversion of a-ketoglutarate to glucose, which of the following compounds are not obligatory intermediates in this pathway? * Oxaloacetate O Fructose 1,6 bisphosphate O Malate O 1,3...
-
1. How does the technological innovation can lead to a competitive performance of a business? 2. As an operation manager, how would you promote and facilitate improvements and innovation?
-
On June 30, Rioux Management Company purchased land for $400,000 and a building for $600,000, paying $500,000 cash and issuing a 6% note for the balance, secured by a mortgage on the property. The...
-
Spensers Stores carried out the following transactions relating to a single product in October. Required (a) Prepare general journal entries to record the transactions, assuming that a perpetual...
-
Shetland Inc. had pretax financial income of $154,000 in 2010. Included in the computation of that amount is insurance expense of $4,000 which is not deductible for tax purposes. In addition,...
-
In the video below, critique the introduction and conclusion that was delivered in a speech on "Cyber Security." What are the speaker's weaknesses?
-
Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands): Required a. Prepare a common-size analysis for 2020 for Cool Brewery...
-
In the hotel industry, which type of forecast may often exceed 100%? a. Demand forecast b. Occupancy forecast c. Revenue forecast d. Variable expense forecast
-
A hotel has 400 available rooms. On Monday night the hotels revenue manager forecasts 80 stay overs, 175 arrivals, 10 no-shows, 25 walk-ins, and 10 early departures. What will be this revenue...
-
Acme Corporation has $100,000 of common shares outstanding and $200,000 of retained earnings at December 31, 2016. The board of directors passes a resolution at that date to restrict $80,000 of...
-
The Garden Company began the accounting period with a $43,000 credit balance in its Accounts Payable account. During the accounting period, Garden Company incurred expenses on account of $122,000....
-
3. Better Products Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are...
-
Change -making problem. Assume a given country has four-coin denomination types, namely, d =1, d = 5, d3=10, d4 = 25. a) What is the minimum number coins needed for the exchange of 48 cents using...
-
River Company began the accounting period with a $79,500 debit balance in its Accounts Receivable account. During the accounting period, River Company earned revenue on account of $349,600. The...
-
(b) (4 points) A non-pipelined processor takes 60ns to process an instruction. A pipelined processor with 6 stages can process the same instruction taking 10ns in each of the 6 stages. Answer each of...
-
If we visit the zoo, then we see a zebra. We visit the zoo. ´ We see a zebra. (a) Translate the argument into symbolic form (b) Determine if the argument is valid or invalid. You may compare...
-
If there is an unrealized holding gain on available-for-sale investments, it is reported as?
-
The following items may appear on a bank statement: 1. EFT payment 2. Note collected for company 3. Bank correction of an error from recording a $7,200 deposit as $2,700 4. Service charge Using the...
-
The following items may appear on a bank statement: 1. EFT payment 2. Note collected for company 3. Bank correction of an error from recording a $7,200 deposit as $2,700 4. Service charge Using the...
-
The following items may appear on a bank statement: 1. EFT payment 2. Note collected for company 3. Bank correction of an error from recording a $7,200 deposit as $2,700 4. Service charge Using the...
-
Find all the complex numbers z such that z += 0. Is the set open or closed? {zC: z*+i=0}
-
For each of the following matrices A Maxn (R), test A for diagonal- izability, and if A is diagonalizable, find an invertible matrix Q and a diagonal matrix D such that Q-1AQ = D. (a) (63) 2 1 3 (b)...
-
A summary of two stocks is shown. 52W high 52W low Name of Stock Symbol High Low Close 37.18 29.39 Zycodec ZYO 11.76 7.89 Unix Co UNX 39.06 32.73 34.95 16.12 12.11 15.78 Last year, a stockholder...
Study smarter with the SolutionInn App