HBM Revenue management

Quiz
•
Business
•
11th Grade
•
Medium
Aung Zaw Zaw Win
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The statement below is_________
Balance sheet statement
Profit and loss statement
Cash flow statement
Operational cost statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your housekeeping department hire 1 part-time staff for every ten-occupied room to help permeant staff. The salary of that additional staff is …
Semi-variable cost
Fixed cost
variable cost
additional cost
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
"Following data are the information taken from XYZ Hotel for a month:
Average room price ( P ) = $85
Cost per one sold room ( V ) = $15
Number of room sold ( X ) = 2800
Total fixed-cost (TFC) = $50,000/month
Start up cost (SC) = $15 million
What is break even point?
$50,841
$70,452
$48,751
$60,714
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Following data are the information taken from XYZ Hotel for a month:
Average room price ( P ) = $85
Cost per one sold room ( V ) = $15
Number of room sold ( X ) = 2800
Total fixed-cost (TFC) = $50,000/month
Start up cost (SC) = $15 million
How many rooms must sell to reach break-even point?
714 rooms
640 rooms
833 rooms
792 rooms
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Average room price ( P ) = $85
Cost per one sold room ( V ) = $15
Number of room sold ( X ) = 2800
Total fixed-cost (TFC) = $50,000/month
Start up cost (SC) = $15 million
Nearly how long will need to payback?
8.5 years
7 years
6 years
10 years
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Hotel Shwe Pyi is newly built hotel and you are asked to draw a budget from a scratch. What budgeting methods will you use?
Goal-based budgeting
Zero-based budgeting
Historical budgeting
Referral budgeting
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Study table and answer question?
RevPAR of the hotel when occupancy is 60% and room rate is $80 is …
55$
38$
48$
53$
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