ABC Inn, a 150 room hotel with an average occupancy rate of 70% and ADR of $60 has two types of rooms: singles and doubles. The price difference between a single room and a double room is $15. Double occupancy rate is 35%. Find the rate for single rooms.
ABC Inn, a 150 room hotel with an average occupancy rate of 70% and ADR of $60 has two types of rooms: singles and doubles. The price difference between a single room and a double room is $15. Double occupancy rate is 35%. Find the rate for single rooms.
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter11: Linear Optimization Models
Section: Chapter Questions
Problem 5P: Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver,...
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ABC Inn, a 150 room hotel with an average occupancy rate of 70% and ADR of $60 has two types of rooms: singles and doubles. The price difference between a single room and a double
room is $15. Double occupancy rate is 35%. Find the rate for single rooms.
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