Solution-Develop a simulation model

Develop a simulation model

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Reference no: EM131054500

An airport hotel has 100 rooms. On any given night, it takes up to 105 reservations, because of the possibility of no-shows. Past records indicate that the number of daily reservations is uniformly distributed over the integer range [96, 105]. That is, each integer number in this range has an equal probability, .1, of showing up. The no-shows are represented by the distribution in Table.

Number
of No-Shows	Probability
0	.10
1	.20
2	.25
3	.30
4	.10
5	.05

Develop a simulation model to find the following measures of performance of this booking system: the expected number of rooms used per night and the percentage of nights when more than 100 rooms are claimed.

Reference no: EM131054500

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Develop a simulation model

Reference no: EM131054500

Reference no: EM131054500

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