Assume Sandra's forecasted ADR for the night is $1600.99. What would be her estimated total room revenue for this day?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

Assume Sandra's forecasted ADR for the night is $1600.99. What would be her estimated total room revenue for this day?

ADR = Total room revenue / Number of rooms sold

1. Sandra Patel prepares a daily Rooms Forecast Report that is shared with front desk,
housekeeping, food and beverage managers of the 300-room Comfort Inn she both owns and
manages. Today is Monday. Help Sandra compete Tuesday's Rooms Forecast Report using
the following information she has compiled from historical records, current PMS data, and her
own insight into rooms sales-related events likely to occur today. When you have completed
the forecast, answer the questions that follow.
Rooms Forecast Report for:
Date: December 18th
Total rooms available
Out-of-order (000) rooms
Net Availability
Stayovers
Reservations (Arrivals)
Rooms Sold or Reserved Adjustments:
Overstays
Early departures
No-shows
Total Forecast Sold or Reserved After Adjustments
Tuesday (This week)
Day: Tuesday
450
0
450
170
120
30
20
10
Transcribed Image Text:1. Sandra Patel prepares a daily Rooms Forecast Report that is shared with front desk, housekeeping, food and beverage managers of the 300-room Comfort Inn she both owns and manages. Today is Monday. Help Sandra compete Tuesday's Rooms Forecast Report using the following information she has compiled from historical records, current PMS data, and her own insight into rooms sales-related events likely to occur today. When you have completed the forecast, answer the questions that follow. Rooms Forecast Report for: Date: December 18th Total rooms available Out-of-order (000) rooms Net Availability Stayovers Reservations (Arrivals) Rooms Sold or Reserved Adjustments: Overstays Early departures No-shows Total Forecast Sold or Reserved After Adjustments Tuesday (This week) Day: Tuesday 450 0 450 170 120 30 20 10
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.