Reference no: EM131760189
Question: Captain John's Seagoing Vessel Dilema
Captain John's Yachts, Inc., located in Fort Lauderdale, Florida, rents three types of ocean- going boats: sailboats, cabin cruisers, and Captain John's favorite, the luxury yachts. Captain John advertises his boats with his famous "you rent - we pilot" slogan, which means that company supplies the captain and crew for each rented boat. Each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. The crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. Ten employees are captains, and an additional 18 employees fill the various crew positions. Currently, Captain John has rental requests for all of his boats: four sailboats, eight cabin cruisers, and three luxury yachts. If Captain John's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?
1) Discuss Captain John's dilemma. Advise him.
2) Explain to him the basis for your advice. After all, the 'ol C'pmum wants to make as much moolah' as possible!
Identify a business problem or opportunity at a walmart
: Identify a business problem or opportunity at a Walmart.Identify a research variable within the problem/opportunity that could be measured by data collection.
|
What is the basis of each asset
: Martin Company bought land with an FMV of $20,000, a building with an FMV of $70,000, and equipment with an FMV of $ 10,000 at an estate auction for a lump sum.
|
State fiscal responses to changes in federal grant highway
: Gamkhar’s research into state fiscal responses to changes in federal grant highway funding relies on aggregate data from 45 states to make her claims.
|
Important for a service business
: Discuss the benefits of quality control for a service business and the methods a company might use for controlling quality?
|
Briefly discuss the captain johns dilemma
: Captain John's Yachts, Inc., located in Fort Lauderdale, Florida, rents three types of ocean- going boats: sailboats, cabin cruisers, and Captain John's.
|
Describe the system you have selected in terms of processes
: Describe the system you have selected in terms of its processes, organization, management, and technology features.
|
When shall we use one over the other
: Provide an example of classification & regression being put to work at a workplace. When shall we use one over the other?
|
Encourage innovation in a team
: Describe how diversity amongst team members contributes to a team becoming and remaining innovative. (100 125 word)?
|
Compute income tax expense for each year
: Mansfield Corporation purchased a new warehouse at the beginning of Year 1 for $1,010,000. The expected life of the asset is 25 years with no residual value.
|