Tim urban, owner/manager of urban’s motor court in key west, is considering outsourcing the daily room cleanup for his motel to duffy’s maid service. tim rents an average of 50 rooms for each of 365 nights (365 3 50 equals the total rooms rented for the year). tim’s cost to clean a room is $12.50. the duffy’s maid service quote is $18.50 per room plus a fixed cost of $25,000 for sundry items such as uniforms with the motel’s name. tim’s annual fixed cost for space, equipment, and supplies

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.

Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?

Match each economic concept with the scenarios that illustrates it