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mestny [16]
2 years ago
13

The revenue manager at the 133-room Big Bluff Bunkhouse Hotel noticed that, based on information from the past several years, th

ere was a trend in the first week of September: it was quite common on Monday, Tuesday, and Wednesday nights for four or five guests to cancel at the last minute or just not show up. Therefore, this year the revenue manager made a decision to accept 138 reservations to ensure filling every guest room. This business approach is referred to as _____________, fill in the blank,.
Business
1 answer:
mezya [45]2 years ago
6 0

Answer: Selective overbooking

Explanation:

From the information given in the question, we can denote that the business approach is referred to as selective overbooking.

Selective overbooking can also be referred to as capacity management and it simply refers to ensuring that a particular company maximizes both its output and its potential activities.

This strategy is usually used by hotel businesses as they measure how much they'll make within a particular period of time.

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. In the context of sourcing, multiple suppliers: a. often provide the ability to form close partnerships. b. often provide econ
Galina-37 [17]

Answer:

c. lower the risk of supply disruption

Explanation:

Having multiple suppliers is always a good sourcing strategy, as it <u>minimizes the risk of supply disruption</u>. If one of the suppliers fails to maintain the contract due to various reasons (bad business operating), the risk is dispersed among a few suppliers, so there is the contingency principle applied.

This way, the supply chain never gets disrupted.

6 0
3 years ago
Paci Restaurants accepts credit and debit cards as forms of payment. Assume Paci had $14, 000 of credit and debit card sales on
vivado [14]

Answer:

1) assuming that the credit card company's payments are immediate (1 business day)

April 30,2015, net credit and debit card sales

Dr Cash 13,580

    Cr Sales revenue 13,580

2) assuming that the credit card company's payments are immediate (1 business day)

April 30,2015, gross credit and debit card sales

Dr Cash 13,580

Dr Credit card fees 420

    Cr Sales revenue 14,000

8 0
3 years ago
Starling Company purchased machinery at the beginning of Year 1 at a cost of $86,100. The machinery has an estimated life of fiv
Alja [10]

Answer:  $10,906

Explanation:

Given that,

Purchased machinery at the beginning of Year 1 = $86,100

machinery has an estimated life of five years,

Estimated residual value = $4,305

Accumulated depreciation = $49,077 at the end of Year 2

Year 3 Depreciation expense:

= \frac{Cost\ of\ machinery - Estimated\ residual\ value - Accumulated\ depreciation}{3}

= \frac{86,100 - 4,305 - 49,077}{3}

= $10,906

5 0
3 years ago
Chocoheaven processes cocoa beans into cocoa powder at a processing cost of $ 10,100 per batch. Chocoheaven can sell the cocoa p
sp2606 [1]

Answer:

No, it is not the right decision. The best decision that will bring maximum profit to the company is to sell chocolate syrup.

Explanation:

Profit = Sales revenue - Processing Cost

1-The Cocoa powder result in $3,900 profit ($14,000 - $10100) to the Choco Heaven company

2- If the company makes Chocolates syrup it will get profit of $34,000 ($104,000 - $70,000)

3- f the company makes Boxed assorted Chocolates it will get profit of $26,000 ($202,000 - $176,000)

5 0
3 years ago
Trent is a skilled sketch artist who wants to create images for his online portfolio. He is even
serious [3.7K]

Answer:

A digital tablet

Explanation:

3 0
3 years ago
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