1
\nMid-term Project
\n(Due date: March 8, Monday)
\nTotal Points: 20 points
\nBenefit of Sustainability: Cost saving approach
\nMarriott’s environmental commitments are aiming to further reduce energy and water consumption
\nby 20%. To meet the goals, Marriott Marquis initiated a long-term project ( help with nursing paper writing from experts with MSN & DNP degrees) to reduce waste by 20%.
\n(We here refer that maximum conversion rate, . is 20%)
\nConsiderations for cost analysis
\n1. Annual cost of waste for Marriott Marquis (per hotel): The following table is to illustrate
\nMarriott Marquis\u2019s average monthly weights for recycling, trash, compost for recent years.
\nAll weights are marked in tons. Recycling and trash amounts are measured in 35-yard
\ncompactors. It costs $150 to haul a 35-yard compactor plus $59 per tonnage. Compost
\namount is measured based on a 35-gal container. 22.5 containers are required for tonnage.
\nIt costs $6.66 per a recycled container with delivery costs of $59 per tonnage. The 35-yard
\ncompactor can be shared for recycling and trash. (Assume that recycling and trash &
\ncompost treatment process is implemented once a month.)
\nTable: Marriott Marquis\u2019 weights for recycle, trash, and compost
\nMonth Recycle Trash Compost Total
\nJuly – 95.52 – 95.52
\nAugust – 86.5 – 86.5
\nSept 2.89 84.93 – 87.82
\nOct 9.33 110.57 – 119.9
\nNov 17.47 74.41 – 91.88
\nDec 5.38 59.93 – 65.31
\nJan 17.82 70.69 – 88.51
\nFeb 9.85 85.21 – 95.06
\nMarch 19.83 96.82 6.35 123
\nApril 11.89 87.33 19.31 118.53
\nMay 26.11 91.61 6.85 124.57
\nJune 17.53 85.93 16.05 119.51
\nTotal 138.1 1029.45 48.56 1216.11
\n2
\n2. Expected Cash Flows: Let\u2019s denote total annual cost savings (recycling, trash and compost)
\nfor Marriott Marquis as , discount rate as , and maximum conversion rate is
\n\u03b3max ( ) .
\nSuppose annual conversion rate, ( ), is increasing linearly each year over 10 years.
\nThat is, = 0.1 in the first year, 0.2 in the second year, \u22ef, in the last (10th)
\nyear.
\nThe expected cash flow ( ) is \u00d7 ( \u00d7 0.1) in the first year, \u00d7 ( \u00d7 0.2) in
\nthe second year, \u22ef, \u00d7 ( \u00d7 1) in the last (10th) year.
\n3. Discount rate: According to the effective yield of the Bank of America Merrill Lynch US
\nCorporate 7-10 Year Index that compiles all securities with a remaining term to maturity
\nof greater than or equal to 7 years and less than 10 years, 10-year corporate bond yield is
\n3.85%.
\n4. Typical project ( help with nursing paper writing from experts with MSN & DNP degrees) length: Many of Marriott\u2019s hotels have a form of committees or
\nindependent CSR work groups. Each work group has launched and is currently working on
\nrelevant project ( help with nursing paper writing from experts with MSN & DNP degrees)s as part of enhancing business sustainability with typical project ( help with nursing paper writing from experts with MSN & DNP degrees) lasting
\nabout 10 years.
\n5. Net Present Value (NPV) and Internal Rate of Return (IRR): NPV determine the sum of
\nthe present values of cash inflow and outflows over the period of project ( help with nursing paper writing from experts with MSN & DNP degrees). NPV calculate
\nan estimate of the profitability of a project ( help with nursing paper writing from experts with MSN & DNP degrees) or investment. The formula can be written as
\ni. = \u2212 0 + 1
\n1+ + 2
\n(1+ )2 + \u22ef +
\n(1+ ) = \u2212 0 + \u2211
\n(1+ ) <\/p>\n
=1
\nii. \u210e \u2212 0 + \u2211
\n(1+ ) <\/p>\n
=1 = 0
\nwhere \u2212 0 is initial cost (investment), is cash flow, r is discount rate, and T is time.
\nThe NPV method is a direct measure of the dollar contribution to the investors,
\nwhile the IRR method provides the return on the original money invested. NPV and IRR
\nmethod can give a conflicting ranking of project ( help with nursing paper writing from experts with MSN & DNP degrees)s when IRR method is compared to NPV<\/p>\n","protected":false},"excerpt":{"rendered":"
1 Mid-term Project (Due date: March 8, Monday) Total Points: 20 points Benefit of Sustainability: Cost saving approach Marriott’s environmental commitments are aiming to further\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8867,8870,8866,8868,8869],"tags":[8849,8851,142,8839,8852,8654,8848,147,636,7877,8850,8847,8846,8842,8844,8845,8840,8838,8841,8843,7630],"class_list":["post-100664","post","type-post","status-publish","format-standard","hentry","category-criminal-justice-paper-writing-service","category-custom-dissertation-writing-service","category-law-essay-writing-service-with-the-most-experienced","category-nursing-essay-writing-service-for-efficient-studying","category-top-rated-essay-writing-service","tag-assignment-writing-homework-help","tag-best-essay-writing-website","tag-best-online-essay-writing-services","tag-capstone-project-writer","tag-college-application-essay-writing-service","tag-dissertation-writer","tag-do-my-homework-assignment","tag-essay-online-essay-writer-buy","tag-essay-writer","tag-free-help-with-homework-assignments","tag-help-me-with-my-homework","tag-help-with-assignments-online","tag-homework-assignment-help-online","tag-my-write-writing-service-essay-custom","tag-need-help-with-homework-assignments","tag-online-writing-homework-assignment-help","tag-research-paper-writer","tag-term-paper-writer","tag-us-based-essay-writing-service","tag-write-essays-for-money-online","tag-write-my-essay-online-free"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/100664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=100664"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/100664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=100664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=100664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=100664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}