Determine annual number of room sales and revenue requird

Assignment Help Operation Management

Reference no: EM131041013

A 200 room hotel has an annual fixed cost of $1,050,000 and a net income goal of 12% return on investment $5,000,000. With an average room rate of $78 and average variable cost of $34, determine the annual number of room sales and revenue required (tax rate is 20%).

Reference no: EM131041013

Questions Cloud

Maintains inventory of fishing rods : A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics: Average demand = 100 units per day, with a standard deviation of 12 units Av..

Draw flowchart of the sales or purchasing process : Part 1 of the Final Project, due at the end of this unit, requires you to describe and draw a flowchart of the sales or purchasing process at your organization (or MCDONALDS). Conclude with a description of the business process in narrative form, exp..

Company strategies to prevent occupational accidents : How might a company’s strategies to prevent occupational accidents differ from a program to prevent occupational disease? In what ways might the programs be similar?

Calculate revenue level that will provide operating income : A motel has 70 rooms it usually rents out, in the following proportions: 45% singles at: $48.00 per night 35% doubles at: $62.00 per night 20% triples at: $72.00 per night The motel has annual fixed costs of $365,000 and variable costs averages $12.0..

Determine annual number of room sales and revenue requird : A 200 room hotel has an annual fixed cost of $1,050,000 and a net income goal of 12% return on investment $5,000,000. With an average room rate of $78 and average variable cost of $34, determine the annual number of room sales and revenue required (t..

Calculate the motel’s breakeven level : A motel has 70 rooms it usually rents out, in the following proportions: 45% singles at: $48.00 per night 35% doubles at: $62.00 per night 20% triples at: $72.00 per night The motel has annual fixed costs of $365,000 and variable costs averages $12.0..

What do you think about case studies : What do you think about case studies? Do you enjoy them? Could you see yourself writing a case study, perhaps as a learning tool in your organization, for your direct reports, etc.?

Attributed to traditional control system : The problems of many firms may be attributed to a "traditional" control system that failed to continuously monitor the environment and make necessary changes in their strategy and objectives. What companies are you familiar with that responded approp..

Network security policy section-information security policy : Write the Network Security Policy section of the Information Security Policy of the bank. Include the following: Network access, Network security control devices. Compile all sections of Information Security Policy. Write the conclusion to the Inform..

User Account

All Pages