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r-ruslan [8.4K]
3 years ago
10

If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel ne

ed at 50 percent occupancy?
Business
1 answer:
elixir [45]3 years ago
4 0

So first, you need to determine how many rooms will be used. We are told that there is a total of 100 rooms, but we are running at 50% capacity. So we will use 50 rooms for this calculation.

Next, we need to find how many rooms 1 housekeeper can clean in their 8 hour shift. We are told that it takes them 25 minutes per room. This means they can clean 2.4 rooms per hour. So, 2.4 X 8 hours = 19.2 per shift.

Then we would take the total number of rooms that need to be cleaned (50) and divide by how many rooms 1 housekeeper can clean (19.2) = 2.6 and since you can't have .6 of a person, you should round up to 3.

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Answer:

Explanation:

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If the price of good X increases by 2%, and that causes the quantity demanded of good Y to decrease by 15%, then the cross elast
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Answer:

-7.5%

Explanation:

Cross elasticity of demand is the degree of responsiveness of the quantity of a commodity, Y in this case, to the change in the price of another commodity, X in this case.

Cross elasticity of demand is measured as a percentage change in the quantity of commodity Y divided by the percentage in the price of commodity Y. This can be written mathematically as follows:

Ec = % Change in the quantity of commodity Y divided by the percentage in the prie of commodity X.

Where Ec denoted cross elasticity.

Applying the formula to this question, we have

Ec = -15%/2% = -7.5%

Note that under cross elasticity of demand:

1. Two goods are substitute if the value of their cross elasticity of demand is positive. That is, an increase in the price of good one, good X, will lead to an increase in the quantity demand of the second, good Y.

2.  Two goods are complimentary if the value of their cross elasticity of demand is negative.That is, an increase in the price of good one, good X, will lead to an decrease in the quantity demand of the second, good Y.

Therefore in this question, goods X and Y are complimentary because the value of their cross elasticity of demand is -7.5% which is negative.

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4 0
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Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it tells the story of your service or product by emphasizing your entire brand.

Distribution, financing, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing world.

Properly researched and targeted marketing will bring in new and returning customers.

Current and former customers' feedback can help identify areas for improvement.

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6 0
2 years ago
Carlton Soup Company makes crackers, bread, and soup. Presented here are the items listed on a simplified version of its recent
Mademuasel [1]

Answer:

Carlton Soup Company

Classified Balance Sheet as of July 31 (dollars in millions)

Assets

Current Assets:

Cash and cash equivalents                 $300

Accounts receivable                              595

Inventories                                             958

Other current assets                               70

Total current assets                         $1,923

Non-current assets:

Property, plant, and equipment, net 2,397

Other assets                                          132

Intangible assets                               3,023

Total non-current assets                $5,552

Total assets                                     $7,475

Liabilities and Equity

Current Liabilities:

Accounts payable                             $ 668

Accrued expenses                               599

Other current debt                            1,080

Total current liabilities                    $2,347

Other noncurrent liabilities             3,806

Total liabilities                                $6,153

Equity:

Common stock, $0.0375 par value  386

Retained earnings                             936

Total equity                                   $1,322

Total liabilities and equity            $7,475

Explanation:

a) Data and Calculations:

Cash and cash equivalents                  300

Accounts receivable                             595

Inventories                                            958

Other current assets                              70

Property, plant, and equipment, net 2,397

Other assets                                         132

Intangible assets                               3,023

Accounts payable                            $ 668

Accrued expenses                             599

Other current debt                           1,080

Other noncurrent liabilities             3,806

Common stock, $0.0375 par value  386

Retained earnings                             936

4 0
2 years ago
Prior to being banned in 2002 by the McCain-Feingold Act, unlimited monetary contributions that were earmarked for party-buildin
nordsb [41]

Answer:

B.

Explanation:

Soft money can be defined as a money raised by party or committees that's not been regulated by the federal campaign finance. Such campaign contributions are not made within the federal law and thus are illegal to raise. These monetary contributions are used for party building activities such as electoral registration programmes. The origin of soft money dates back to the Watergate reforms.

<u>In the given case, the monetary contributions were used for party-building expenses or generic party advertising. Thus this monetary contribution is known as soft money.</u>

So, the correct answer is option B.

7 0
3 years ago
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