President Starr‚ Here are the calculations for the five areas of concern that you mentioned to me earlier. 1. Total fixed cost that must be covered at each of the games: Fixed costs per game include $20‚000 food service salaries‚ $4‚800 to cover costs of 6 booths $1‚260 hourly wages for 36 booth employees Total fixed costs per game: 20‚000 + 4‚800 + 1‚260 = $26‚060 2. The portion of the fixed cost allocated to each of the items: Soft drink sales need to cover 25% of fixed costs‚ or $6
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constructed. More and more cars are being bought. The municipality has done little more than talk about building more parking lots. This issue is not only affecting public streets‚ but also private institutions. A case in point is the American University of Beirut‚ where finding a parking place can be a mission impossible. Abed Shaar‚ 22‚ once spent an hour and a half driving around the AUB campus in Hamra in search of an available parking spot. Not surprisingly‚ he ended up missing his Engineering
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Americans are faced with several problems on a daily basis. Traffic is atrocious. Anywhere you go‚ be it work‚ school or just to visit a friend or realative‚ you are surrounded by traffic. The average American commuter spends 50 hours per year in traffic (1). If you live to be 70 years old that is 3500 hours in traffic‚ that is almost 5 months of your life stuck in traffic. Imagine what you could do with 5 months of your life back‚ spend time with your family or simply extra time to relax‚ it
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Case Study: Southwestern University: F The recent success of Southwestern University’s football program is causing SWU’s president‚ Joel Wisner‚ more problems than he faced during the team’s losing era in the early 1990s. For one thing‚ increasing game-day attendance is squeezing the town of Stephenville‚ Texas and the campus. Complaints are arising over parking‚ seating‚ concession prices‚ and even a shortage of programs at some games. Dr. Wisner‚ once again‚ turns to his stadium manager‚ Hank
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Food and Beverages at Southwestern University Football Games The total fixed cost per game includes salaries‚ rental fees‚ and cost of the workers in the six booths. These are: Salaries $20‚000 Rental fees 2‚400 $2 $4‚800 Booth worker wages 6 6 5 $7 $1‚260 Total fixed cost per game $20‚000 $4‚800 $1‚260 $26‚060 The cost of this allocated to each food item is shown in the table: Percent Allocated fixed Item revenue cost Soft drink 25% $6‚515 Coffee 25% $6‚515 Hot dogs 20%
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depending on the traffic. But now‚ only God knows. Even if you are fortunate enough to thrust into a bus‚ it is quite impossible to reach motijheel before 1 hour and a half‚ and if the destination is Uttara‚ sometimes it would take almost 2 hours. And if you need to go to Ghazipur or Mirpur‚ you can easily take the whole day’s fuel with you‚ prepared to take a nap too‚ may be you will reach there by evening. Now‚ who‚ or what are responsible? The reason is obviously “traffic congestion”. And the
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1. Fixed costs per game include $20‚000 food service salaries‚ $4‚800 to cover costs of 6 concession stands (this includes electricity‚ hot water‚ and security)‚ $1‚260 in hourly wages for 36 concessionaires. Total fixed costs per game: 20‚000 + 4‚800 + 1‚260 = $26‚060 2. Soft drink sales need to cover 25% of fixed costs‚ or $6‚515 Coffee sales need to cover 25% of fixed costs‚ or $6‚515 Hot dog sales need to cover 20% of fixed costs‚ or $5‚212 Hamburger sales need to cover 20% of fixed
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Operations Analysis Week 7 Case Study 2: Southwestern University A (pp. 94-95). See the Case Studies Assignment Rubric in Doc Sharing for assignment details. * Complete the three questions at the end of the case on page 95. Case Studies Southwestern University: (A)* Southwestern University (SWU)‚ a large state college in Stephenville‚ Texas‚ 30 miles southwest of the Dallas/Fort Worth metroplex‚ enrolls close to 20‚000 students. In a typical town-gown relationship‚ the school is
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Situation Analysis The implications of whether we decide to sponsor Matworks’s sales event or not‚ are manifold and need to be explored from the point of view of various stakeholders of Southwestern Ohio Steel LP (SOSLP). To analyze the situation before us‚ I will look at the industry and major stakeholders in our decision in turn. Analysis of the Industry The steel service industry has two major characteristics; costs of transportation over long distances are prohibitive and suppliers are
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Solution Essay 11/24/13 College Writing 111-052 Since childhood we are told that a person must obtain a college degree in order to get a good job. We are reassured that this is the way that we will achieve all of our dreams. That all we have to do is learn. But now a days‚ in order to obtain that degree we must work. This is not as easy as it sounds. When a mere 18 year old tries to tackle a “standard college load of fifteen hours” whilst working a part-time or full-time job‚ problems will
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