Question: ( 2 - 1 ) suppose 8 0 rooms are protected for full - price rooms.what is the booking limit for the discount rooms? (
suppose rooms are protected for fullprice rooms.what is the booking limit for the discount rooms?
What is the hotel's overage cost and underage cost when determining the optimal protection level for next season?
What is the hotel's critical ratio when determining the optimal protection level for next season?
Find the optimal protection level for fullprice rooms that maximizes the hotel's expected revenue.
If the hotel did not choose to protect any rooms for the fullprice customers, then what would the hotel's expected revenue be
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