A hotel manager must decide how many rooms to overbook.Room rates are $125 per night and each room costs $45 to maintain.A bumped customer is sent to another hotel at a cost of $75.Given the distribution of no-shows below,how many rooms should the manager overbook?
A) 9 rooms.
B) 10 rooms.
C) 11 rooms.
D) 12 rooms.
Correct Answer:
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