Discounted rates yields the highest revenue

Assignment Help Operation Management
Reference no: EM132741240

A hotel chain uses yield management to increase its profits.

The regular rate is $200 and the demand curve is demonstrated below. Which of the following discounted rates yields the highest revenue and what is the resulting revenue?

A: $50 per night

B: $100 per night

C:$125 per night

- C, $38,750

- C, $51,250

- A , $35,000

- B, $40,000

- B, $50,000Please show steps

Reference no: EM132741240

Questions Cloud

Various solutions to remain competitive : and profitable. Current financials for the firm are shown in the table below. In the first option, marketing will increase sales by 50%. There is also an OM opt
What is the consolidated net income : Entity B sold inventory to Entity A at a selling price of P400,000 with gross profit rate of 30% based on sales during 2020. What is the consolidated net income
Show the effect of each of the transactions : Show the effect of each of the above transactions [Plus sign (+) for increasing effect, Minus sign (-) for decreasing effect] in the transaction analysis
Prepare simple cash book : Prepare Simple Cash Book : RM Cash in hand 32,500 Cash paid to Rohan 8,000 Goods Purchased 3,000 Cash received from Tanaya 2,000 Cash Sales 4,000
Discounted rates yields the highest revenue : The regular rate is $200 and the demand curve is demonstrated below. Which of the following discounted rates yields the highest revenue
Would holding period return on the investment be and why : Assume that you bought an 8% coupon bearing bond with 4 years. Would your holding period return (HPR) on the investment be necessarily the same as 8%?
Developing a sustainable steel production process : This case is about XYZ company, a new steel production technology developed as an alternative to the existing steel production technologies
Does disney debt load suggest trouble paying creditors : Does Disney manage assets effectively compared to peers? Does Disney's debt load suggest trouble paying creditors? Is Disney liquid compared to its peers?
What are the three positives you will emphasize : What are the three positives you will emphasize, and the three negatives you will remove or reduce from within your professional toolbox?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd