DROP DOWNS

Req 7: Less/more & less/more

Req 8: Does/Does not & less/more

Req 9: Both the housekeeping and laundry/ the housekeeping/ the laundry & both are/the housekeeping program is a/the laundry program is a

OTHER PARTS OF QUESTION

Requirement 5. Using regression analysis, calculate the cost per guest of laundry per day. (Again, the volume should be the number of room days, which you would have calculated for Requirement 1.) (Round your answer to the nearest cent.) The variable cost per guest of laundry per day is $ Requirement 6. Using regression analysis, calculate the cost per guest of housekeeping per day. (Again, the volume should be the number of room days, which you would have calculated for Requirement 1.) (Round your answer to the nearest cent.) The variable cost per guest of housekeeping per day is $ Requirement 7. Using regression analysis, evaluate the proposal to give guests a $0.80 per day credit for reusing their room linens. Does it appear to be cost effective to offer this program? This v appear to be a cost effective program as the credit for reusing room linens is than the variable cost of laundering the linens Requirement 8. Using regression analysis, evaluate the proposal to give guests a $0.90 per day credit for skipping housekeeping services. Does it appear to be cost effective to offer this program? This appear to be a cost effective program as the credit for skipping housekeeping services is V than the variable cost of laundering the linens. Requirement 9. Regarding the two programs, what is your recommendation to management about which program(s) to implement? Provide rationale for your recommendation. credit program(s) should be implemented; cost effective and environmentally conscious program(s) that stakeholders are likely to appreciate. - X Data Table Total Housekeeping Costs Month Monthly Occupancy Percentage 83 % 81 % 72 % 66 % Total Laundry Costs $ 41,470 $ 41,032 $ 36,814 $ 31,435 $ 27,449 $ 26,943 $ 29,745 $ 26,739 January February March April May June July August September October November December 55 % 51 % 59 % $ 150,051 $ 144,096 $ 141,097 $ 127,202 $ 109,858 $ 96,271 $ 113,977 $ 91,000 $ 83,891 $ 81,500 $ 111,099 $ 118,646 53 % 48 % 39 % $ 25,797 55 % $ 19,700 $ 28,336 $ 33,572 64 % To satisfy investors, management only wants to implement programs which are cost effective; that is the benefits of the program must exceed the costs of the programs. Sustainability projects are expected to be cost effective. Print Done Requirements -X 1. Using the high-low method, calculate the cost per guest of laundry per day. (The volume should be the number of room days, which you will have to calculate for each month.) 2. Using the high-low method, calculate the cost per guest of housekeeping per day. (Again, the volume should be the number of room days, which you would have calculated for Requirement 1.) 3. Using the high-low method, evaluate the proposal to give guests a $0.80 per day credit for reusing their room linens. Does it appear to be cost effective to offer this program? 4. Using the high-low method, evaluate the proposal to give guests a $0.90 per day credit for skipping housekeeping services. Does it appear to be cost effective to offer this program? 5. Using regression analysis, calculate the cost per guest of laundry per day. (Again, the volume should be the number of room days, which you would have calculated for Requirement 1.) 6. Using regression analysis, calculate the cost per guest of housekeeping per day. (Again, the volume should be the number of room days, which you would have calculated for Requirement 1.) 7. Using regression analysis, evaluate the proposal to give guests a $0.80 per day credit for reusing their room linens. Does it appear to be cost effective to offer this program? 8. Using regression analysis, evaluate the proposal to give guests a $0.90 per day credit for skipping housekeeping services. Does it appear to be cost effective to offer this program? 9. Regarding the two programs, what is your recommendation to management about which program(s) to implement? Provide rationale for your recommendation. Print Done