Register
The Pinkerton Hotel has an occupancy rate of 97% during busy season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the
155k views
20 votes
The Pinkerton Hotel has an occupancy rate of 97% during busy season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the year. After covering it’s $4M in annual fixed costs, the total profit for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel?

User Nathan Breit
by
8.2k points

1 Answer

12 votes

Answer:

400

Step-by-step explanation:

(0.97) X x X 80 X (0.3 X 365)] + [(0.62) X x X 80 X (0.7 X 365)] = 4000000 + 4468000

Solve for x

x = 400

User Boombox
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.8m questions

10.4m answers

Other Questions

4. Which of the following is the first thing you should do when attempting to park? A. Securing the parking spot by standing in it B. Turning on your hazard lights C. Confirming the space can fit your
A water towers lowest point is 405 ft and the main line is 6 feet below the ground. The ground elevation is at 276 ft. The main line travels 2.9 miles. The pipe will travel through the following flanged
An activated sludge plant is being designed to handle a feed rate of 0.438 m3 /sec. The influent BOD concentration is 150 mg/L and the cell concentration (MLVSS) is 2,200 mg/L. If you wish to operate the
The bulk modulus of a fluid if it undergoes a 1% change in volume when subjected to a pressure change of 10,000 psi is (a) 0.01 psi (b) 0.001 psi (c) 0.00001 psi (d) 0.000001 psi (e) none of these
In solid motors, HTPB and PBAN are two common types of plasticizers. a) True b) False
Link Copied!