### Find the ideal discount

Assignment Help Operation Management
##### Reference no: EM13221768

A hotel chain is considering using yield management to increase profits. Its plan is to sell unsold rooms at a discounted rate very close to the night of stay. For example, an unsold Friday night room would be discounted early in the week. It estimates that the percentage of sold rooms (total) would be equal to 50+X, where X is the % discounted off of regular price. Meanwhile the % of rooms sold for full price compared to the discount would be 100-2X (some people would wait to book gambling a discount would happen). Find the ideal discount %.

#### Questions Cloud

 Explain what is the wavelength of this signal in m : A typical frequency used by GSM cell phones is 759.0 MHz. What is the wavelength of this signal in m? Compare and contrast the operational and managerial impacts : Compare and contrast the operational and managerial impacts of the aggregate planning decisions in terms of customer satisfaction. Explain combusting one palmitic acid molecule : Assuming that the combustion of palmitic acid gives off 10126.9 kJ/mol what is the maximum number of ATP molecules that can be generated from ADP and Pi, by combusting one palmitic acid molecule? What is the reorder point : What is the inventory position immediately after an order has been placed? Find the ideal discount : Meanwhile the % of rooms sold for full price compared to the discount would be 100-2X (some people would wait to book gambling a discount would happen). Find the ideal discount %. Explain two simillar reactions have the same rate constant : two simillar reactions have the same rate constant at 25 degress, but at 35 one of the reactios has a higher rate constant than the other. Account for these observations. Compute the composite rating for each location : compute the composite (weighted average) rating for each location. Define what is the balanced reaction : When 2 mole of A is reacted with 2 moles of B, 3 moles of C are formed. When 1 mole of A is reacted with 3 moles of B, 3 moles of C are again formed. Based on this, what is the balanced reaction? What should the coordinates of the new factory be : The expected annual volumes expected to be shipped through the three warehouses is forecast to be 20 million units through A, 100 million through B and 50 million through C. Using the centroid method, approximately what should the coordinates of ..

### Write a Review

#### Illustrate what range of volumes is proposal lesser cost

You need to increase capacity of your manufacturing operation by adding new equipment. Two vendors have presented proposals.

#### What you have researched and studied throughout modules

Using what you have researched and studied throughout Modules 1 - 7, write a report addressing a quantitative analysis (QA) project

#### Explain the cultural differences and what you would need

Explain the cultural differences and what you would need to adapt to and why in order to connect with the Egyptian market. Discuss how you would adapt these branding ad photos to the Egyptian market.

#### What do we mean by the term bounded rationality

What do we mean by the term " bounded rationality," and what is its significance with regards to decision making in organizations?

#### Demand and inventory control

Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days

#### R illustrate what range of demand would mechanized process

Over illustrate what range of demand would manual process be preferred over mechanized process. Over illustrate what range of demand would mechanized process be preferred over manual process.

#### Examine the subsequent rules also write a report to jeff

Examine the subsequent rules also write a report to Jeff Baker summarizing your Find outings also advise him on which rule to use.

#### Elucidate what the upper also lower control limits

the sampling results say to do so when the machine is actually functioning properly, Elucidate what the upper also lower control limits should be on this chart.

#### Discuss factors about the corporate culture

Discuss factors about the corporate culture that were at play, and suggest central reasons why the executive staff waited as long as they had to consider the development of an enterprise project management methodology (EPM).

#### Describe which dimension of e-commerce technology

The integration of video, audio also text marketing messages into a single marketing message also consumer experience describes which dimension of e-commerce technology.

#### Raw material dell has on hand at the end of the year

Do you think four days supply is a valid representation of the amount of raw material Dell has on hand at the end of the year? Why or why not?

#### Explain how to minimize total prices

A total of 2,000 units of the product must be produced. Formulate an IP whose solution will tell us explain how to minimize total prices.