Please do fast ASAP fast Q2. You are in charge of the revenue management department at the Richardson's Days OutHotel, which has a total of 200 rooms. Xpedia (a travel fare aggregator company) is offering tobuy your rooms for Valentine's Day at a rate of $200. On the other hand, you can book therooms through your own website (which is far less popular than Xpedia) at a rate of $300. Thedemand on your own website follows a normal distribution with mean 20 and standarddeviation 5, and all the rooms that you did not sell to Xpedia nor booked through your websiteresult unoccupied.How many rooms should you sell to Xpedia?а.

The demand on website follows normal distribution with mean 20 and standard deviation 5. Xpedia is…

Answered: Q2. You are in charge of the revenue…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CM: Cumulative Review Problem Set

Problem 114CM

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Similar questions

At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at least 4.80 from the sale of each pizza. If the pizza will be sold by the slice and each pizza is cut into 6 pieces, what is the minimum charge per slice?
If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
Parent Volunteer Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the end of the school year. She didn’t remember how many boys had paid the $24 full-year registration fee and how many had paid a $16 partial-year fee. She knew that the number of boys who paid for a full-year was ten more than the number who paid for a partial-year. If $400 was collected for all the registrations, how many boys had paid the full-year fee and how many had paid the partial-year fee?
Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the end of the school year. She didn’t remember how many boys had paid the $15 full-year registration fee and how many had paid the $10 partial-year fee. She knew that the number of boys who paid for a full-year was ten more than the number who paid for a partial-year. If $250 was collected for all the registrations, how many boys had paid the full-year fee and how many had paid the partial-year fee?
Kenneth currently sells suits for company A at a salary of $22,000 plus a $10 commission for each suit sold. Company B offers him a position with a salary of $28,000 plus a $4 commission for each suit sold. How many suits would Kenneth need to sell for the options to be equal?
Brenda’s best friend is having a destination wedding and the event will last three days. Brenda has $500 in savings and can earn $15 an hour babysitting. She expects to pay $350 airfare, $375 for food and entertainment and $60 a night for her share of a hotel room. How many hours must she babysit to have enough money to pay for the trip?

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