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3 years ago

The three commonly used terms to describe levels of service are self-service, limited-service, and full-service.

1 answer:

3 0

These three terms should not be interchanged in a Hospitality and Recreation Management Business. These are the meanings of each:
a. self-service - the customer does all the work on his own (i.e. get water, spoon and fork)
b. limited-service - a usual scenario seen in fast-food chains
c. full-service - hotel services and recreational amenities offer this kind of service.

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How unemployment is impacting on the south africa economy?

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Unemployment continues to rise to unacceptable level. As David Lipton said if the government are to navigate this dangerous period. Government must respond concretely to all of these challenges. Despite of political obstacles. This is important to all countries specially South Africa.

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2 years ago

Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty

eimsori [14]

Answer:

both companies should invest because the NPV of both companies are positive

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = - $8.4 million

Cash flow in year 1-7 = $2.2 million

NPV of Lester with I of 15.8% = 0.54 million

NPV of Med Inc with I of 13.7% = 1.12 million

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

0.54

1.12

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2 years ago

Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom

vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

$frac\ {{30} +{60}} {2}$

⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

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2 years ago

Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c

gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

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Customer orders ($ 320.00 × 1) $320.00

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Selling ( $ 1,090.00 × 2) $2,180.00

Total $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

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2 years ago

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Answer:

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