The restaurant of a 165-room year-round resort hotel depends entirely on its room guests for its revenue. Average annual room occupancy is 77%. On average, 3.6 people occupy each room in use. We know from past experience that 82% of the guests will eat breakfast, 27% will eat lunch, and 55% will eat dinner in the resort's dining room. The average checks per meal are: Breakfast Lunch Dinner $8.50 $12.25 $19.87 The restaurant is open every day of the year. Calculate the annual (for 365 days) food revenue for a non-leap year, showing your calculations.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Problem:
The restaurant of a 165-room year-round resort hotel depends
entirely on its room quests for its revenue. Average annual
room occupancy is 77%. On average, 3.6 people occupy each
room in use.
We know from past experience that 82% of the guests will eat
breakfast, 27% will eat lunch, and 55% will eat dinner in the
resort's dining room.
The average checks per meal are:
Breakfast
Lunch
$8.50
$12.25
$19.87
Dinner
The restaurant is open every day of the year.
Calculate the annual (for 365 days) food revenue for a non-leap
year, showing your calculations.
*ensure all calculations are rounded to two decimal places to
arrive at the correct answer
18 C Cloudy
hp
Transcribed Image Text:Problem: The restaurant of a 165-room year-round resort hotel depends entirely on its room quests for its revenue. Average annual room occupancy is 77%. On average, 3.6 people occupy each room in use. We know from past experience that 82% of the guests will eat breakfast, 27% will eat lunch, and 55% will eat dinner in the resort's dining room. The average checks per meal are: Breakfast Lunch $8.50 $12.25 $19.87 Dinner The restaurant is open every day of the year. Calculate the annual (for 365 days) food revenue for a non-leap year, showing your calculations. *ensure all calculations are rounded to two decimal places to arrive at the correct answer 18 C Cloudy hp
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