## What is the corresponding number of meals to be sold?

Imagine you are head of the food and beverage department in a large Los Angeles hotel complex. One of the hotel’s restaurants currently generates an ROI of 11%, based on a value of € 400,000 in total activities attributable to the restaurant itself. The percentage ebit is on average 30%. The restaurant manager believes that by reducing prices by 5%, the restaurant’s profitability would increase. Currently, the average revenue per meal served is €50. a. What is the asset turnover ratio of the restaurant? (10 points) b. If the price cut is adopted, what is the new level of revenues required in order not to reduce ROI? (10 points) C. What is the corresponding number of meals to be sold? (5 points)

### What is the optimal profit and what are the optimal number of Top Lathes and Big Presses?

King City Inc. manufactures machine tools. The production planner who oversees the production of two of King City’s machines needs to determine how many of each to produce this month…..

### Formulate and solve the nurse scheduling problem as an integer program for one day for the data given below.

Hospital administrators must schedule nurses so that the hospital’s patients are provided adequate care. At the same time, careful attention must be paid to keeping costs down. From historical records,….

### Solve the model formulated in part a. What is the minimal amount of trim loss?

STAR Co. provides paper to smaller companies with volumes that are not large enough to warrant dealing directly with the paper mill. STAR receives 100-feet-wide paper rolls from the mill….