John Beckett Beckett is the managing partner of a business that has just finished building aâ 60-room motel. Beckett Beckett anticipates that he will rent these rooms for 12 comma 500 12,500 nights next yearâ (or 12 comma 500 12,500 âroom-nights). All rooms are similar and will rent for the same price. Beckett Beckett estimates the following operating costs for nextâ year: Variable operating costs $3 per room night
Fixed costs
Salaries and wages $182,000
Maintenance of building and pool 50,000
Other operating and administration costs 153,000
Total fixed costs 385,000

Required:
What price should Beckett charge for a room-night? What is the markup as a percentage of the full cost of a room-night?

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1

Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?