b. A study done by the largest hotel in the village has shown that skiers spend on average $50 per person on the first day and $30 per person on each additional day in local restaurants. The study also forecasts that--due to increased hotel prices-the average length of stay for the 2003/2004 season will be reduced to five days. What will be the percentage change in revenues of local restaurants compared to last year (when skiers still stayed for 1 0 days)? Assume that hotels continue to be fully booked !
Ans:-
a. 1200 / 10 = 20
b. 2002/2003 year revenue:- 1500 * 50 + 1500 * 30 * 9 = 75000 + 4,05,000 = 4,80,000 $
2003/2004 anticipated revenue:- 1500 * 50 + 1500* 30 * 4 = 75000 + 180000 = 2,55,000 $
Percentage change compared to Last year: 100 - (255000/480000) * 100 = 100 - 53.125 = 46.87
3.5) Bagel Store: Given :- Demand of 180 Bagels a day. 30 grilled veggie,110 veggie only, and 40 cream cheese. 10 hours of work per day. Each person in each resource.
Ans:-
| Activity time per bagel | No.of persons assigned | Capacity per hour | Grilled veggie workload/hour | Veggie workload/hour | Cream cheese workload/hour | Utilization | cut | 3 | 1 | 20 | 3 | 11 | 4 | 18/20 = 90% | Grilled on Bagel | 10 | 1 | 6 | 3 | 0 | 0 | 3/6 = 50 % | Veggie on Bagel | 5 | 1 | 12 | 3 | 11 | 0 | 14/12= 116.66 % | Cream cheese | 4 | 1 | 15 | 0 | 0 | 3 | 3/15 =20% | Wrap | 2 | 1 | 30 | 3 | 11 | 4 | 18/30 = 60 % |
a. The bottle neck lies in the veggies on bagel process. b. 15 Bagels
quicksourcing
a) “First, a shorter supply chain means that a