How might minimum stays (2 nights, 3 nights) help maximize revenue in a hotel?
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- QUESTIONS: 1. A refiner in city Q serves four customers near city W and maintains consignment inventory (owned by the refiner) at each location. Currently, the refiner uses TL (truckload) transportation to deliver separately to each customer. Each truck costs $(759) plus $(309) per stop. The refiner is considering aggregating deliveries to city W on a single truck. The demand of the first customer is 75 tons a year, the demand of the second customer is 30 tons per year, and the demand of the third and fourth customers is 10 tons per year. The product cost is $8,000 per ton, and it uses a holding cost of (24)%. The truck capacity is 20 tons. a. What is the optimal delivery policy to each customer if the refiner ships separately to each of them? What is the annual total inventory-related cost? b. What is the optimal delivery policy to each customer if the refiner aggregates shipments to each of the four customers on every truck that goes to city W? What is the annual total…Practice example. Please shoow solution.The Johnsons do not have a reservation with the hotel, but they do need accommodations for the night. Which of the following describes this type of guest? Question 20 options: a) Walk-in b) Leisure c) Transient d) Nongroup
- Problem 2: Suppose you observe the following arrivals and departures from a single-server queueing system. Observations begin at time 100.0 (with no one in the queue) and end at 120.0. Customer Time Customer # Arrives to Queue 83 84 85 86 87 88 89 90 91 100.4 101.5 105.1 106.8 108.1 113.5 117.9 118.0 119.9 Time Customer Departs from Queue and Goes Into Service 102.3 108.3 109.5 110.6 112.9 114.2 117.9 119.2 After 120.0 Time Customer Departs From Server 108.3 109.5 110.6 112.9 114.2 116.3 119.2 After 120.0 After 120.0 1) What is the sample mean, sample standard deviation, minimum, and maximum of the waiting time in the queue observed for the customers who arrived at, and departed from, the queue during the time interval [100.0, 120.0]?Article: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…Article: Harry Hartfield was looking over some recent travel brochures while consulting his recent Google search. Retirement is only 5 days away and he could not wait to see the Fiji Islands. He and his wife thought they would start with a restful break before they started their travels in earnest. Harry is the head aero engineer at Global Delivery Direct and has been in charge of purchasing the planes and maintenance for the last 15 years after being an employee with GDD 25 years before. Harry had worked up in the company to his current position and has seen a lot of initiatives come and go when it came to eco-friendly flying machines. In the last four weeks, Harry has been breaking in his replacement, Imogine Farthing, who is coming from their London branch. Harry likes Imogine and thinks that she will do well. However, she is keen to purchase the new Boeing 777 cargo plane. She thinks it will go a long way to improving their fuel consumption and air emissions in the long-run…
- Problem 7-13 In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an analyst found that loaders were idle in 5 of the 45 observations. a. What is the estimated percentage of idle time? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Estimated percentage of idle time % b. Based on the initial results, approximately how many observations would you require to estimate the actual percentage of idle time to within 4 percent with a confidence of 95 percent? (Round your z value to 2 decimal places. Do not round any other Intermediate calculations. Round UP your final answer to the next whole number.) Number of observationsPlease help to solve question d.What would the ROI be when using a room service robot in a hotel?