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- Calculate number of years until book value of boat is $45000|At the Pleasant Haven Hotel there are 36 rooms. The profit earned when a room is sold for a night is $53. If Pleasant Haven overbooks, by selling more reservaitions than they have rooms and they end up having a customer whose reservation cannot be fulfilled, the loss to Pleasant Haven is $30 for that customer. Regardless of the number of rooms booked, the probability of one no show is 60% and the probability of 2 no shows is 20%. There is zero probability of more than 2 no shows. For a night when requests are exceeding the 36 rooms, what is the optimal number of reservations to accept? Assume there is no penalty for a customer who does not show up, i.e., Pleasant Haven does not make $53 on a customer that is a no show. What is the expected net for booking each of the following: (Net means profit minus any overbooking loss.) 36 customers 37 customers 38 customers What is the best number of book?Marcus Johnson has a life insurance policy that allows him to change his policy to fit his changing needs. He can change either the premium he pays or the period of coverage. What type of insurance does Marcus likely have? Multiple Choice Ordinary whole life Limited payment life Variable life Adjustable life Universal life E
- Determine the optimum preventive maintenance frequency for each of the pieces of equipment if breakdown time is normally distributed: (Round "Probability Ratio" to 4 decimal places, and all other answers to 2 decimal places. Negative values should be indicated by a minus sign.) Use Table. Equipment. A201 B400 C850 Equipment A201 B400 CB50 Equipment Average Time (days) between Breakdowns A201 B400 C850 20 30 45 Preventive Maintenance Cost Click here for the Excel Data File: $330 $230 $580 Probability Ratio Standard Deviation 3 Breakdown Cont $2,230 $3,530 $4,825 Interval (days)A machine that costs $8,000 is expected to operate for 10 years. The estimated salvage value at the end of 10 years is $0. The machine is expected to save the company $1,554 per year before taxes and depreciation. The company depreciates its assets on a straight-line basis and has a marginal tax rate of 35 percent. What is the internal rate of return on this investment?When a choice is communicated in terms of potential losses, most people choose the option with less risk. -True -False
- The higher the price, the fewer goods or services consumers will demand. Conversely, the lower the price, the more goods or services they will demand. Select one: True FalsePlease help me understand the problem Problem Intro: Cold-Chain in health care is defined as a temperature control supply chain involving a system of transporting and storing vaccines and drugs. It consists of three major components: transport and storage equipment, training personnel, and efficient management procedures. The majority of the vaccine in the cold chain is typically maintained at a temperature of 2-8°C. Maintaining cold chain integrity is extremely important for healthcare product manufacturers. Especially for the vaccines, improper storage, and handling practices that compromise vaccine viability prove a costly, time-consuming affair. Vaccines must be stored properly from manufacture until they are available for use. Any extreme temperatures of heat or cold will reduce vaccines potency; such vaccines, if administered, might not yield effective results or could cause adverse effects. Case Description link : http://bit.ly/2hRAgYE answer the following questions based on…Which statement regarding Time-Cost Models tradeoffs is true? Crashing a project reduces the duration of noncritical activities Projects with multiple critical paths cannot be crashed The crash time of an activity exceeds the normal time of the activity To crash a project, costs are increased on critical activities to reduce their duration Noncritical activities cannot become critical after crashing
- The maximum that a consumer is willing to pay for a product or service is called his/herA 5-dozen egg from Costco costs $10.19, how much does it cost per dozen and how much does it cost for each?A conflict of interest can occur when a decision maker’s personal interests interfere to the extent that he or she makes decisions that adversely affect customers or employees. True False