Question: Below is a room overbooking model spreadsheet for Metze, a hotel chain. The hotel has 3 0 0 ?rooms priced at $ 1 8 0
Below is a room overbooking model spreadsheet for Metze, a hotel chain. The hotel has ?rooms priced at $ ?per day each and is usually fully booked. Reservations can be canceled any time before : ?pm with no penalty. The hotel estimates an average overbooking cost of $ ?Metze sets a reservation limit of ?and estimates an average customer demand of ?with a cancellation rate of ?Which of the following is the Excel formula used to estimate the number of overbooked customers in cell B ?
?A B
?Data
?Rooms available
?Price per room
?Overbooking cost
?Reservation limit
?Estimated customer demand
?Average cancellation
?
?Model
?Reservation # made
?Cancellation #
?Customer arrivals
?Overbooked customers
?
?
Group of answer choices
IF B B ?B B
B B
IF B B ?B B
IF B B ?B B
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