Use the table below to answer the following question(s).
Below is a spreadsheet for a hotel overbooking model.

Answer the following question(s)using multiple parameterized simulations.The range of the historical data is 400-430.
-If there are 425 reservations and 5 overbooked customers, what is the net revenue generated?
A)$ 58,000
B)$ 58,500
C)$ 59,000
D)$ 59,500

Question

Use the table below to answer the following question(s).
Below is a spreadsheet for a hotel overbooking model.
  
Answer the following question(s)using multiple parameterized simulations.The range of the historical data is 400-430.
-If there are 425 reservations and 5 overbooked customers, what is the net revenue generated?
A)$ 58,000 
B)$ 58,500 
C)$ 59,000 
D)$ 59,500

Quizplus · Accepted Answer

With 425 reservations and 5 overbooked customers, the total number of customers is 430, which is within the historical data range. Using the table, we can see that the net revenue generated for this scenario is $59,500. Therefore, the best choice is D.

Use the Table Below to Answer the Following Question(s)