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frutty [35]
3 years ago
7

Type i rooms do not have high-speed wireless internet access and are not available for the business rental class. round tree's m

anagement makes a forecast of the demand by rental class for each night in the future. a linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. the demand forecast for a particular night is 120 rentals in the super saver class, 65 in the deluxe class, and 50 in the business class. round tree has 100 type i rooms and 110 type ii rooms.
Business
1 answer:
True [87]3 years ago
8 0
Ur response would be 25 thats the colsest hint i can give
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slega [8]

Answer:

universal

Explanation:

3 0
3 years ago
Philadelphia Company has the following information for March: Sales $450,000 Variable cost of goods sold 240,000 Fixed manufactu
borishaifa [10]

Answer:

a.$210,000

b. $158,000

c. $53,000

Explanation:

Calculation to determine the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Philadelphia Company.

A)Calculation to determine the March manufacturing margin

Using this formula

Manufacturing Margin =(Sales – Cost of Goods Sold)

Let plug in the formula

Manufacturing Margin=450,000 – 240,000

Manufacturing Margin= $210,000

(B)Calculation to determine contribution margin,

Using this formula

Contribution Margin =(Gross Manufacturing Margin – Variable Expenses)

Let plug in the formula

Contribution Margin=210,000 – 52,000

Contribution Margin= 158,000

(C)Calculation to determine the March income from operations for Philadelphia Company

Using this formula

Income from Operations= (Sales – All expenses)

Let plug in the formula

Income from Operations= 450,000 – 397,000

Income from Operations = 53,000

Therefore the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Philadelphia Company are:

a.$210,000

b. $158,000

c. $53,000

3 0
3 years ago
Evaluate the suitability of an overdraft compared to the other three products detailed in the case study and recommend, with rea
navik [9.2K]

I think it was just the same thing that I had to make real things I was not sending it is telling me to go abroad and get a good job in the future I would have you got to do something I am sure you would be able for that I see you have to ask question time and how you can send you after classes to be host in a way that you are looking forward to and your relationship will send you back from your experience with a new relationship and a government that needs a good job to

Explanation:

hope I help

3 0
3 years ago
A recent study on enrollment at a liberal arts college concluded that demand elasticity is 0.91. The administration is consideri
Julli [10]

Based on the fact that the demand elasticity is 0.91, the revenue-maximizing decision would be to d. increase tuition, which would generate more revenue.

<h3>Why is this the revenue-maximizing decision?</h3>

When the demand elasticity is below 1 as is the case here, it means that demand is inelastic.

When demand is inelastic, an increase in price will lead to a lower decrease in demand. This means that increasing prices for enrollment in this college will bring in revenue because there won't be much change in demand.

In conclusion, option D is correct.

Find out more on demand elasticity at brainly.com/question/6791468.

6 0
2 years ago
The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar
Zina [86]

Answer:

E. Skimming Pricing.

Explanation:

This method or strategy is mainly used in marketing strategy for a new market entry especially because of its uniqueness and also when the value of the commodity to be sold is of a very high qualities and importance.

It is also seen as a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. As the demand of the first customers is satisfied and competition enters the market, the firm lowers the price to attract another, more price sensitive segment of the population. The skimming strategy gets its name from "skimming" successive layers of cream, or customer segments, as prices are lowered over time.

7 0
4 years ago
Read 2 more answers
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