Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 19 Jul 2017 My Price 3.00

Yield Management

Yield Management

Problem Statement

A ski resort is planning a year-end promotion by offering a weekend special for $159 per person based on double occupancy. The high season rate for these rooms, which includes lift tickets, normally is $299. Management wants to hold some rooms for late arrivals who are willing to pay the season rate. If the proportion of skiers who are willing to pay full rate is approximately 20 percent and their average weekend demand has a normal distribution with a mean of 50 and a standard deviation of 10, how many rooms should be set aside for full-paying skiers?

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Jul 2017 01:07 PM My Price 3.00

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