subject
Business, 13.05.2021 21:10 npellot123

Regarding the solution approaches to the Network Management problem in the hotel industry, which of the following statement is NOT true? For the same length of stays, the Greedy heuristic will always choose a high fare consumer over a low fair consumer. As long as there is/are resource constrain(s), the Greedy heuristic will never generate the optimal profit for the decision-maker. With the demand uncertainty, even the linear programming-based approach may not generate the optimal profit for the decision-maker. Under the strict fare-class-based approach, the decision-maker will not choose a low-fare consumer over a high-fare consumer, even if the low fare consumer books a long-term stay and generates more profit for the decision-maker.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
Answers: 1
question
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
question
Business, 22.06.2019 19:50
Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
question
Business, 23.06.2019 01:00
Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.
Answers: 1
You know the right answer?
Regarding the solution approaches to the Network Management problem in the hotel industry, which of...
Questions
question
English, 07.09.2020 08:01
question
Mathematics, 07.09.2020 08:01
question
Mathematics, 07.09.2020 08:01
question
Mathematics, 07.09.2020 08:01
question
Mathematics, 07.09.2020 08:01
question
Chemistry, 07.09.2020 08:01
question
World Languages, 07.09.2020 08:01
Questions on the website: 13722362