The Grossinger’s Catskill Resort Hotel in the Catskill Mountains in Liberty, New York, was the inspiration for screenwriter Eleanor Bergstein when writing the “Dirty Dancing” movie screenplay. Her fictional Kellerman’s was a family resort, full of activities such as swimming, tennis, and dancing. Opened in 1919, Grossinger’s contained 35 buildings and attracted up to 150,000 […]
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Tag Archives: net present value
What costs would the New England Patriots have considered when analyzing the purchase of team planes and when pricing the rental of its team planes?
August 29, 2017 
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The New England Patriots recently became the first National Football League (NFL) franchise to buy its own team aircraft. The Patriots purchased two Boeing 767 planes for a total of about $10 million. Both planes have been painted with the team’s logo and colors. The Patriots will use the planes for the ten round trips […]
Continue readingWhat information is relevant when deciding whether to laser tattoo fruits and vegetables instead of using paper or plastic stickers?
February 14, 2017 0 Comments
Every piece of fruit and vegetables sold in U.S. grocery stores has a small sticker on it. These stickers include food type, origin, and whether it was grown organically. Laser Food is a company based in Spain that makes laser marking machines. These Laser Mark machines tattoo every piece of fruit and vegetable with identifying […]
Continue readingWhat information and tools would Delta Air have used when it decided to invest in an RFID-based luggage tracking system for preventing lost bags?
November 27, 2016 0 Comments
On average, it costs an airline $70 to get a lost bag back to its owner. The airline industry as a whole lost $2.3 billion to mishandled luggage in 2015. Currently, when you check at bag with an airline, a barcode sticker is printed out and stuck on your bag. On a good day, only […]
Continue readingWhat would the payback period be for a robotic arm used by McDonald’s for food preparation?
June 14, 2016 0 Comments
A variety of robots were featured at the 2016 National Restaurant Show that could be used for a variety of tasks in restaurants. These robots are being introduced at the same time that we are experiencing an on-going debate in the U.S. about the merits of a national minimum wage of $15 per hour for […]
Continue readingHow does Washington Township analyze its potential equipment purchases?
September 5, 2013 0 Comments
Washington Township in Franklin County, Pennsylvania, operates a Transfer Station and Recycle Center that individuals and businesses can use to recycle a variety of items, including electronics, bottles, and cardboard. At the township’s Transfer Station and Recycle Center, a baler is used to compress and bale certain recyclable items for transport. Typically, balers might produce […]
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Accounting in the Headlines 