Use the Table Below to Answer the Following Question(s) -Calculate the Customer Arrivals at the Metza
Use the table below to answer the following question(s) .
Below is a room overbooking model spreadsheet for the Metza, a hotel chain. The hotel has 425 rooms priced at $180 per day each, and is usually fully booked. Reservations can be cancelled any time before 5:00 p.m. with no penalty. The hotel estimates an average overbooking cost of
$150. Customer demand is set at 400 with an average cancellation of 20.
-Calculate the customer arrivals at the Metza.
A) 425
B) 405
C) 400
D) 380
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