Question: A hotel manager is applying Yield Management to solving a new promotion plan. Now they can sale 50 rooms at the price $160/day. In the

  1. A hotel manager is applying Yield Management to solving a new promotion plan. Now they can sale 50 rooms at the price $160/day. In the new promotion plan, they plan to give 2 prices based on different views of the room: $200/day for a sea view room and $100/day for a garden view room. The forecast based on a market survey shows that they may sale 30 sea view rooms and 60 garden view rooms. Given the variable cost $20/day /room, how many profits more they will earn under the new promotion plan?

    3200

    8100

    1350

    6700

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