A hotel has 500 rooms. During a typical week in the holiday season, the hotel is busy on Monday, Tuesday, Wednesday, and Thursday nights, primarily with business people, but there is generally space available on Friday, Saturday, and Sunday nights.
Hotel management provided the following demand estimates, as shown in Table 8.1:
Assume linear demand functions over the range of all non-negative room rates and demands (Bell) Bell, Peter C. Analytics for Managers. Routledge, 20130104. VitalBook file. The citation provided is a guideline. Please check each citation for accuracy before use.