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Concept explainers
Refer to Exercise 38. Determine the average occupancy rate of the hotel over a 1-year period from June 1 through May 31 of the following year.
38. HOTEL OCCUPANCY RATE The occupancy rate (in percent) of a large hotel in Maui in month t is described by the function
where t = 0 corresponds to the beginning of June. When is the occupancy rate highest? When is the occupancy rate increasing most rapidly?
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Chapter 12 Solutions
Applied Calculus for the Managerial, Life, and Social Sciences
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