Question: Below is a spreadsheet for a hotel overbooking model. A B C D E 1 Hotel Overbooking Model Demand Probability 2 2 9 0 0
Below is a spreadsheet for a hotel overbooking model.
A B C D E
Hotel Overbooking Model Demand Probability
Data
Rooms available
Price $
Overbooking cost $
Model
Reservation limit
Customer demand
Reservations made
Cancellations
Customer arrivals
Overbooked customers
Net revenue
Assume that each reservation has a constant probability p of being cancelled. Answer the questions using the Risk Solver Platform.
With respect to B what is the range of weights given in the Parameters section in the Discrete dialog?
Group of answer choices
$D$:$D$
$E$:$E$
$D$:$D$
$E$:$E$
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