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Problem - Occupancy rate - Stay-4-Ever is a small motel chain with locations in the northeastern United States. The chain has a total of 200 rooms. The following operating data are available for July:
Number of Guests
Nights per Visit
Guest Nights
1,600
1
750
2
1,500
275
3
825
80
4
320
19
5
95
Required -
a. Determine the guest nights for July.
b. Determine the available room nights for July.
c. Determine the occupancy rate for July.
d. Assume that the occupancy rate for July of the prior year was 75%. Has the utilization rate for Stay-4-Ever improved or declined?
Refer to the Jones Manufacturing information below. Calculate the total required production of water fountains for the first quarter of 2009
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