Roi formula Study guides, Class notes & Summaries
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Hospitality Revenue Management final exam review Questions And Answers With Complete Solutions
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What is the industry term used to describe the sum of prices paid by a business's customers? - 
Answer-total revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - 
Answer-costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer-profit=sales-costs 
What is the name for the net value achieved by both parties in a business transaction? - Answerprofit 
What element is not present in a barter economy? - Answer-...
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Hospitality Revenue Management final exam review Questions and Answers
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What is the industry term used to describe the sum of prices paid by a 
business's customers? 
Ans- total revenues 
Historically, what concept have hospitality managers chiefly used to calculate 
their selling prices? 
Ans- costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? 
Ans- profit=sales-costs 
What is the name for the net value achieved by both parties in a business 
transaction? 
Ans- profit 
What element is not present in a barter economy? 
Ans- money 
Wha...
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Hospitality Revenue Management final exam review | Questions with 100% Correct Answers | Verified | Updated 2024
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What is the industry term used to describe the sum of prices paid by a business's customers?: total revenues 
Historically, what concept have hospitality managers chiefly used to calcu- late their selling prices?: costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit?: prof- it=sales-costs 
What is the name for the net value achieved by both parties in a business transaction?: profit 
What element is not present in a barter economy?: money 
What is the formula used to ca...
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SCM 300 Exam 1 DAVILA ASU SCM 300 Arizona State University - Question and answers correctly solved
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SCM 300 Exam 1 DAVILA ASU SCM 300 Arizona State University - Question and answers correctly solved Goal of operations - correct answer Create high quality products and services using the fewest resources possible 
 
Reverse logistics - correct answer The management of products that flow backward in the supply chain, away from the consumer and back in the direction of manufacturers. (The management of materials moving upstream in the supply chain) 
 
Downstream - correct answer Direction t...
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HFT 4468 Dr Altin Final Exam 2023
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HFT 4468 Dr Altin Final Exam 2023 
Revenue formula - ANS-number of units sold x unit price 
Accounting profit formula - ANS-Profit= Revenue - Expenses 
Owner ROI forumlar - ANS-owner investment return / owner original investment 
ADR formula - ANS-total room revenue / total rooms sold 
RevPAR formula - ANS-ADR x Occupancy % 
-orTotal Revenue / total rooms available 
Occupancy % formula - ANS-Total rooms sold / total rooms for sale 
RevPOR formula - ANS-Total (rooms + Non-rooms) Revenue / Total ...
Too much month left at the end of the money?
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INF3708 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED.
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Well-structured INF3708 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).....Case 
After Sarita Chatterjee graduated with a BSc in Information Systems from the University of South Africa, she was appointed as a Business Analyst at Culinary Bargain. Culinary Bargain sells coupons for use at popular South African restaurants and earns a 25% commission on each sale. For example, if Culinary Bargain sells a R200.00 meal coupon discounted by 20%, they...
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Revenue Management 180 Final Exam Questions with 100% Correct Answers | Verified | Latest Update
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What is the industry term used to describe the sum of prices paid by a business's customers? - ️️Total Revenues 
 
Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - ️️Costs 
 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - ️️Profit = Sales - Costs 
 
What is the name for the net value achieved by both parties in a business transaction? - ️️Profit 
 
What element is not present in a barter economy? - ...
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SCM 300 exam 1 DAVILA ASU SCM 300 Arizona State University - Question and answers verified to pass
- Exam (elaborations) • 18 pages • 2024
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SCM 300 exam 1 DAVILA ASU SCM 300 Arizona State University - Question and answers verified to passGoal of operations - correct answer Create high quality products and services using the fewest resources possible 
 
Reverse logistics - correct answer The management of products that flow backward in the supply chain, away from the consumer and back in the direction of manufacturers. (The management of materials moving upstream in the supply chain) 
 
Downstream - correct answer Direction tha...
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SCM 300 EXAM 1 MODULES 1-4 (DAVILA) LATEST| 2024
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SCM 300 EXAM 1 MODULES 1-4 (DAVILA) LATEST| 2024 
 
 
Supply Chain Management	the management of the chain of supplies 
 
buy it -> make it -> move it -> sell it -> service it	SCM Flows/Strategy 
 
1. cost 
2. quality 
3. speed/time 
4. flexibility	Competitive Priorities 
 
value (what i get/price)	customers perspective 
 
productivity (what i make/cost)	organization perspective 
 
1. Procurement 
2. Operations 
3. Logistics	SCM Key Components 
 
Procurement (buy it)	process of obtain...
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Revenue management final
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Revenue management final 
ADR formula - ANS->>Total Rooms Revenue / Total Rooms Sold 
Value proposition - ANS->>when a seller communicates to a buyer a description of a 
product to be sold and the price at which that product will be sold 
Owners ROI formula - ANS->>Owners Investment Return/ Owner's Original Investment 
Profit - ANS->>net value achieved by both parties in a business transaction 
GOPAR formula - ANS->>Total revenue - Management Controllable Expenses...
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