Question: ( 2 - 1 ) suppose 8 0 rooms are protected for full - price rooms.what is the booking limit for the discount rooms? (

(2-1)suppose 80 rooms are protected for full-price rooms.what is the booking limit for the discount rooms?
(2-2) What is the hotel's overage cost and underage cost when determining the optimal protection level for next season?
(2-3) What is the hotel's critical ratio when determining the optimal protection level for next season?
(2-4) Find the optimal protection level for full-price rooms that maximizes the hotel's expected revenue.
(2-5) If the hotel did not choose to protect any rooms for the full-price customers, then what would the hotel's expected revenue be?

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