Mathematics, 19.12.2019 01:31 chy2313
The harriet hotel in downtown boston has 100 rooms that rent for $150 per night. it costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. for each reservation accepted, there is a 5% chance that the guest will not arrive. if the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored. a. how many reservations should the hotel accept if it wants to maximize the average daily profit? you may use microsoft excel with aspe or r statistical programming to solve.
Answers: 2
Mathematics, 21.06.2019 15:30
Adepartment store purchases screen-printed t-shirts at a cost of $5 per shirt. they mark up the price 150% (making the selling price 250% of the store's purchase price) and put them on the sales floor. every month that a t-shirt doesn't sell, the store reduces the selling price by 25%.
Answers: 3
Mathematics, 21.06.2019 19:00
Abarbecue sold 26 hamburgers and hot dogs. hamburgers sell for $3.50 each and hot dogs sell for $2.00 each. if the barbecue made $70 in sales, determine and state the number of hot dogs sold.
Answers: 1
The harriet hotel in downtown boston has 100 rooms that rent for $150 per night. it costs the hotel...
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