Value of protecting 25 rooms for customers

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Customers willing to pay the high fare of $200 at the Hotel Fancyname are expected to arrive close to the night of Thanksgiving. The demand distribution is as follows: it is 30 with probability .25, 15 with probability 0.5, and 10 with probability 0.25. What is the value of protecting 25 rooms for these customers?

Reference no: EM133252129

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