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Business, 27.08.2021 19:20 jaylen2559

which are sold at two rates: a full price of $150/night and a discount price of $90. A room must be reserved at least two weeks in advance in order to receive the discount price. The demand for full-price reservations is Poisson-distributed with a mean of 100. What is the optimal protection level for the full-price rate

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which are sold at two rates: a full price of $150/night and a discount price of $90. A room must be...

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