Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 5, Problem 12HMP
Explanation of Solution
Determining costs of each airline tickets and creating a budget:
Understanding the scenario, we can calculate for The Foremost Composite Materials Company as follows:
Number of sales representatives is 120 & 16 managers.
We can consider the representatives quantity of 120 as the determining number for the budget.
Total nights on stay = 2
Budget = $ 195,000
- In case of Marriot, hotel selected is Marriot, Miami Airport west.
- The Rate provided per night of stay is $133, which includes taxes comes to an amount of $266 per person.
- Total is equal to $31,920 for 120 people.
- For Hilton hotel, offered with Doubletree near Miami Airport, the cost per head comes around $100, after taxes comes to $227.81 per head, that is a total of $27,338 for the 120 sales representatives.
Considering the Covid-19 situation, we can consider a normal scenario of flight rates. So, brining in the last year rates will lead to the following:
City | One-way cost / person (a) | Total number of people (b) |
Total cost (a*b*2) |
Los Angeles | &... |
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionChapter 5 Solutions
Management Information Systems: Managing The Digital Firm (16th Edition)
Ch. 5.3 - Prob. 1.1CQCh. 5.3 - Prob. 1.2CQCh. 5.3 - Prob. 1.3CQCh. 5.3 - Prob. 2.1CQCh. 5.3 - Prob. 2.2CQCh. 5.3 - Prob. 2.3CQCh. 5 - Prob. 1IQCh. 5 - Prob. 2IQCh. 5 - Prob. 3IQCh. 5 - Prob. 4IQ
Ch. 5 - Prob. 5IQCh. 5 - Prob. 1RQCh. 5 - Prob. 2RQCh. 5 - Prob. 3RQCh. 5 - Prob. 4RQCh. 5 - Prob. 5RQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQCh. 5 - Prob. 8DQCh. 5 - Prob. 9HMPCh. 5 - Prob. 10HMPCh. 5 - Prob. 11HMPCh. 5 - Prob. 12HMPCh. 5 - Prob. 14CSQCh. 5 - Prob. 15CSQCh. 5 - Prob. 16CSQCh. 5 - Prob. 17CSQCh. 5 - Prob. 18MLMCh. 5 - Prob. 19MLM
Knowledge Booster
Recommended textbooks for you
- Database System ConceptsComputer ScienceISBN:9780078022159Author:Abraham Silberschatz Professor, Henry F. Korth, S. SudarshanPublisher:McGraw-Hill EducationStarting Out with Python (4th Edition)Computer ScienceISBN:9780134444321Author:Tony GaddisPublisher:PEARSONDigital Fundamentals (11th Edition)Computer ScienceISBN:9780132737968Author:Thomas L. FloydPublisher:PEARSON
- C How to Program (8th Edition)Computer ScienceISBN:9780133976892Author:Paul J. Deitel, Harvey DeitelPublisher:PEARSONDatabase Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781337627900Author:Carlos Coronel, Steven MorrisPublisher:Cengage LearningProgrammable Logic ControllersComputer ScienceISBN:9780073373843Author:Frank D. PetruzellaPublisher:McGraw-Hill Education
Database System Concepts
Computer Science
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:9780134444321
Author:Tony Gaddis
Publisher:PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:9780132737968
Author:Thomas L. Floyd
Publisher:PEARSON
C How to Program (8th Edition)
Computer Science
ISBN:9780133976892
Author:Paul J. Deitel, Harvey Deitel
Publisher:PEARSON
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781337627900
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning
Programmable Logic Controllers
Computer Science
ISBN:9780073373843
Author:Frank D. Petruzella
Publisher:McGraw-Hill Education