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Managers at the dew drop inn are concerned about

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Managers at the Dew Drop Inn are concerned about the increasing number of guests who make reservations but fail to show up. They have decided to institute a policy of over-booking like larger hotel chains. The profit from a paying guest averages $50 per room per night. The cost of putting up a guest at another hotel is $100 per room per night. Records show the following number of no-shows over the past three months: 

No-Shows 

Frequency 

0 

18 

1 

36 

2 

27 

3 

9

Reference no: EM13538989

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