Cutie's Cruise Lines realized that they lose money every time they sail with even one empty cabin. The company VP of Operations has asked you, the company analyst, to calculate some metric to measure productivity for the last 5 sailings. Use the following data to determine your company's process yield as a percentage. Cabins Cabins Available Occupied Ship Anna 1940 Betty Charlie 1860 2083 1810 2150 1900 Don Eben 1930 1630 1310 1228 (Keep two decimal places in your answer)

Cutie's Cruise Lines realized that they lose money every time they sail with even one empty cabin. The company VP of Operations has asked you, the company analyst, to calculate some metric to measure productivity for the last 5 sailings. Use the following data to determine your company's process yield as a percentage. Cabins Cabins Available Occupied Ship Anna 1940 Betty Charlie 1860 2083 1810 2150 1900 Don Eben 1930 1630 1310 1228 (Keep two decimal places in your answer)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

QWE Inn has recorded the following number of rooms sold for the first quarter of the year: January 2100 February 2500 March 2550 What is the 3-month moving average forecast of rooms sold equal to for the month April?
B. The owner of a small hardware store has noted a sales pattern that seems to parallel the number of break-inns reported each week in newspaper. The 08 02 05 Sales: 50 22 24 18 35 42 13 Break-inns: 9 04 04 06 08 03 7 Estimate sales when break-inns is 7
A ski resort has recorded its recent sales as follows (in $$). Season 2 years ago Last year This year Spring 700 950 900 Summer 450 500 400 Fall 1,150 1,100 1,350 Winter 1,400 1,500 1,600 The resort estimated that the annual demand for the next year will be 4,800. What would be the forecast for next Fall? Answer: _______
Required: Calculate the arithmetic mean and the geometric mean over the three-yearperiod for the investments made.
State and explain what is meant by the concept of time series ?
Why forecasting is vital to operation management?
Residents in one housing development were asked a series of Residents in one housing development were asked a series of questions by their homeowners’ association. Identify the type of data for each question. a. Did you play golf during the last month on the development’s new golf course? b. How many times have you eaten at the country club restaurant during the last month? c. Do you own a camper? d. Rate the new security system for the development (very good, good, poor, or very poor). Residents in one housing development were asked a series of
Executive Summary for trainting in idustry in logistic company
What are quality standards and how to guarantee your company has reached them? QUESTION 2:What are the four flows within the corporate environment, which are tried to optimize through logistics? QUESTION 3:Describe supplier selection and evaluation process. QUESTION 4:What are the differences between local and global sourcing? Explain also in which situations either of the options are preferable. QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations? QUESTION 6:Explain the purpose, methods and the outcome of good customer service process. Your answer must be at least 1-2 pages.
what are the primary uses of forecasting in operations management ?
difference between order statistics and quantile?