The decision of which IDS to be considered and how many rooms to be provided to the IDS to be sold on behalf of the Hotel comes under Select one a. Channel Management O b. IDS Management c Distribution Management O d Profit and Loss Management e Revenue Management
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- A revenue center manager should be reposponsible for these costs, except:A. Costs for volume deliveries B. Return on assets invested C. Costs enhancing customer services D. Advertising and promotional activities costs E. Buying costs of the product or service soldUse the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 000י7 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000Please explain all the options that why its correct and incorrect 14. What significant challenge do the IHIP service characteristic present to service provider? a. Ensuring customer satisfaction b. Delivering consistent service quality c. Achieving operations efficient d. Managing supply and demand e. All of the above 15. A “customer centric” approach has an impact on: a. All internal activities of a company b. The way a company interacts with its customers c. All of the company’s operations d. A company focus and strategy e. All of the above 16. Organisational culture is an important concept for service businesses because: a. It helps staff know what to do and how to do it, even without direct supervision b. It provides clues about behaviour norms c. It fills the gap between training and unforeseen cirucmstances d. All of the above
- 61) Which is NOT a condition necessary for the successful application of RM to a service business: A. Low fixed and high variable costs B. Perishable inventory C. Relatively fixed capacity D. Segmentable marketsA how many copies of San Pedro Times should you buy each morning? B Based on A, what is the probability that you will run out of stock?39) Why is cost information stored in several relational tables? 40) Identify the business activity below that cannot be modeled using an REA diagram. A) purchase requisitions B) rental transactions C) intangible assets D) All of the above can be modeled by an REA diagram. 41) In which entity would an item's standard cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 42) In which entity would an item's actual cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 43) Identify the inventory valuation method below that cannot be calculated in a database created using an REA modeling approach. A) LIFO B) FIFO C) Weighted Average D) none of the above 44) If the actual cost of an inventory item is maintained as an attribute in the Inventory table,…
- Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. ITI Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 7'000 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000 Select one: a. None of the above b. 106.67 c. 108.00 / d. 92.59How might different organizational functions havedifferent inventory management objectives?need (e) and (f) solutions
- The last two weeks of December are usually slow for room sales, but a local Snow and Ice Festival will attract visitors who may request reservations for single overnight accommodations. What policy should the hotel develop for accepting such room reservationsPrepaid charges include which of the following iterns A) Origination fee B) Credit report fee C) Conveyance tax D) Per diem interestMichael’s Offi ce Supply (MOS) sells offi ce furniture,equipment, and supplies. Th is week the company has received 50customer orders. Each order has an average of fi ve line items. Th eaverage dollar amount of each order is $1200. MOS was able toship 47 of the 50 orders on schedule.(a) Using the percentage of orders shipped on time, calculatethe customer service level.(b) If Michael’s calculates customer service level by using thepercentage of line items shipped on schedule, how manyline items must be shipped to achieve the same customerservice level calculated in part (a)?(c) If Michael’s calculates customer service level by thepercentage of dollar volume shipped, how many dollarsof product must be shipped to achieve the same customerservice level calculated in part (a)?(d) What factors determine the customer service levelmeasure that MOS should use?