Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PR 7 - 4 ( LO 7 - 5 , 7 - 6 ) Beach Cities Rentals rents almost anything. [ Connect Only ] Beach

PR 7-4(LO 7-5,7-6) Beach Cities Rentals rents almost anything. [Connect Only]
Beach Cities Rentals rents almost anything. They rent tools, equipment, trucks for everything from home remodeling
projects to major construction projects. They also rent office equipment, such as desks, file cabinets, chairs, tables, and
office dcor items. Finally, they rent furniture for short term home staging or long-term use. They have become well known
in the area for having what their customers want. Construction companies, contractors, real estate agents, office
managers, and individual homeowners and renters all rely on Beach Cities to have what they need in stock. The following
case describes Beach Cities' processes for renting its inventory to customers:
Rental inventory and inventory categories
Beach Cities categorizes its inventory by the type of inventory. Each inventory item is identified internally by the inventory
number (retail inventory ##) and categories are tracked by inventory category number (inventory category ##). The inventory
category # serves as Beach Cities catalog number for its catalog and website. For example, Beach Cities catalog could list
executive desk chairs (category number 420), but internally it tracks each individual desk chair in inventory
Contracts
Because Beach Cities is so popular with a variety of organizations, such as construction companies, major contractors
real estate agents, office managers, and others in the area, it regularly negotiates contracts for equipment rental. The
contracts give customers special considerations, such as delivery of equipment to the customer's location, waiver of the
requirement for advance deposit, and priority reservations. Contracts can specify that the customer will pay a premium
over the regular rental prices to receive special services or they can specify whether the customer will receive volume
discounts over the regular rental prices. Contracts don't apply to specific inventory items or categories of inventory items. Instead, they obligate the customer to a minimum dollar commitment for rentals over the period of the contract as well as
the percentage premium or discount on the standard rental costs. Some customers negotiate multiple contracts
depending on their needs, but each contract is established separately.
Reservations, rental tickets, and delivery
Beach Cities' customers must make rental reservations in advance. Each reservation applies to one or more categories of
items to be rented on some future date or dates. Customers under contract must specify which contract number applies
when they make the reservation. At the time of each specific rental, a Beach Cities employee prepares one rental ticket
for each item that the customer rents. The rental ticket notes the time that the rental started and the amount of deposit on
the item (if the rental is not under contract). Generally. Beach Cities requires a 25% deposit at the time of the rental, but
that amount is negotiable and is usually waived for customers with contracts (depending on the specific terms of the
contract). For an extra charge, Beach Cities delivers the items to the customer's location, using its own delivery trucks. It
tracks which truck is used for each rental ticket. It tracks its inventory of delivery trucks separately from its rental inventory
When the customer returns the rental items (or Beach Cities picks them up), a Beach Cities employee updates the rental
tickets with the rental end time and calculates the charges applicable to each rental ticket. The customer must pay for the
remainder of the charges at that time, including delivery charges and contract premium charges. If the customer rented
multiple items, the customer can pay for all rental tickets with one check.
Other information
Beach Cities classifies its customers by customer type for planning purposes. Beach Cities records information about all
agents, resources, and type images before they are linked to other entities. It tracks all employee information in one
employee class.
Required:
Use the information above and a list of attributes below to develop UML class models and a corresponding table listing for
Beach Cities sales process. Then, fill in the missing information on the model and tables provided.
PR 7-4 Part 2: Identify the appropriate attribute for each blank in the table listing below. [Connect Only]
Required:
Use the following information from the UML class diagram to identify the appropriate attribute for each bank in the table listing
below.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematics Of Finance An Intuitive Introduction

Authors: Donald G. Saari

1st Edition

3030254429, 978-3030254421

More Books

Students also viewed these Accounting questions

Question

6.5 Identify at least 10 methods used for external recruitment.

Answered: 1 week ago

Question

6.6 Explain two strategies used to recruit nonpermanent staff.

Answered: 1 week ago