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Running Head: FRIENDLY ASSISTED LIVING FACILITY –I 1

Friendly Assisted Living Facility -I

Institutional Affiliation

Date
FRIENDLY ASSISTED LIVING FACILITY –I 2

Question #1:

Question #2:

Question #5:

Question #5: 1 Best alternative cost

Question #5: 2. Alternatives worst outcomes possible

Exercises 1 & 2 bid price (total), sessions price and break even session

1. Bid price (total), session’s price and break even session

2. Learning rate

Learning rate calculations:

Labor hours (for each contract and the average)

First & second contacts profitability

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