How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask linda_us Your Own Question
linda_us, Master's Degree
Category: Business and Finance Homework
Satisfied Customers: 852
Experience:  A tutor for Business, Finance, Accounts and other related topics.
Type Your Business and Finance Homework Question Here...
linda_us is online now
A new question is answered every 9 seconds

You have been recently employed as the director of

Customer Question

You have been recently employed as the director of operations of a hotel. The hotel is in a relatively large city with many other comparable hotels in its vicinity. As part of your job, your responsibilities include:
•Establishing a sound data and information infrastructure to support ongoing hotel operations.
•Determining what data you should collect on an ongoing basis and how you should use that data to make effective decisions aimed at balancing high occupancy with high per-room profitability
•Determining what information you will need to be able to effectively market your hotel
•Establishing a basic monthly reporting infrastructure that will enable you to keep track of the key performance metricsCreate a Microsoft Word document listing three different operational functions for your hotel. Examples of hotel functions include setting daily room rates, attracting events (meetings, conferences, etc.), managing hotel material, etc. For each function, specify what data you would need to help you manage the function better, how you would analyze the data (using one or more of the descriptive techniques), what type of data individual variables represent (e.g., interval), and how you would tabulate or graph the data you collected for each function. For example, to set daily room prices, you can use historical sales data to compute average daily prices, a measure of dispersion to estimate up-and-down volatility, and histograms to graphically illustrate occupancy rates associated with different price levels.Your description of each of the three operational functions should include a clear specification of the function (e.g., setting daily room prices), a description of the data source (e.g., historical sales data), the data type, a specific descriptive technique to convert data into information pertinent to each function, and a description of tabular and graphical results, including examples generated using a Microsoft Excel spreadsheet.Submit your 3- to 4-page Microsoft Word documentBy the end of the week, use this Discussion Area to critique the answers posted by at least two of your peers. Post comments discussing the following:
•Did the response cover a diverse spectrum of operational functions, or was it narrowly focused? The broader the spectrum of operational functions covered, the clearer it is that the respondent has a good command of the subject matter.
•Is the answer technically accurate? Are the individual functions, data type, statistical technique, and business insight correct?Cite any sources using the APA format on a separate page.Assignment 3 Grading CriteriaMaximum Points
Described three operational functions, including a clear specification of each function.
Described the data source, data type, and specific descriptive technique to be used to convert data into information pertinent to each function.
Described the tabular and graphical result presentation, including examples generated using a Microsoft Excel spreadsheet.
Participated in the discussion by asking a question, providing a statement of clarification, providing a point of view with rationale, challenging a point of discussion, or making a relationship between one or more points of the discussion as well as responding to at least two other posts.
Presented a structured document free of spelling and grammatical errors.
Properly cited sources using the APA format.
Submitted: 1 year ago.
Category: Business and Finance Homework
Customer: replied 1 year ago.
Ok when can u have this done
Expert:  GLENN replied 1 year ago.
please check your email. Thanks
Customer: replied 1 year ago.
I responded
Customer: replied 1 year ago.
Expert:  GLENN replied 1 year ago.
I replied
Customer: replied 1 year ago.
can you please do this assignment it is due soon
Customer: replied 1 year ago.
so will u do it
Expert:  GLENN replied 1 year ago.
when is the deadline?
Customer: replied 1 year ago.
Customer: replied 1 year ago.
Customer: replied 1 year ago.
Customer: replied 1 year ago.
can you tell me something
Expert:  GLENN replied 1 year ago.
I am sorry, due to time constraint (and some emergency right now) I will just opt out. (so that other experts can immediately help you on these).
Customer: replied 1 year ago.
can you do any of my assignments
Expert:  F. Naz replied 1 year ago.
Please accept the offer so the answer may be provided by the end of this week.

Related Business and Finance Homework Questions