Overbooking can be done on the basis of all the following techniques except
A) the manager's experience
B) using the newsvendor model
C) expected cost analysis
D) the average number of no-shows

Question

Quizplus · Accepted Answer

Overbooking can be done on the basis of techniques such as using the newsvendor model, expected cost analysis, and the average number of no-shows. However, it should not be solely based on the manager's experience as it may not be a reliable or data-driven approach. Therefore, Option A is the correct answer.

Overbooking Can Be Done on the Basis of All the Following