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Night of thanksgiving at hotel fancyname

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You have 50 rooms left to be sold on the night of Thanksgiving at Hotel Fancyname. There are two fares: the discount fare of $100 and a regular fare of $200. Let V(s) denote my optimal expected revenue from s available rooms from today until the night of Thanksgiving. Suppose that you have calculated V(50) = 5000, V(49) = 4920, V(48) = 4820, and V(47) = 4700. Suppose you get 3 customer requests for a discount fare room. How many of these requests will you accept?

Reference no: EM133252132

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