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Scott is a revenue manager in a 600 room hotel. for tomorrow he forecasts that 10 rooms will be ooo and that there will be 80 stayovers with 300 arrivals. he also forecasts 30 no-shows, 10 early departures and 20 over-stays. what is scott's forecast for the number of rooms occupied tomorrow?

Respuesta :

Scott's forecast for the number of rooms that will be occupied tomorrow is 360 ROOMS.
According to the data given above,  80 stay overs and 300 arrivals are expected that add up to make 380 rooms. Out of this number, Scott expect 30 no shows; that reduces the number of rooms to 350. Out of the 350 rooms, 10 early departure are expected, that further reduces the number to 340. According to Scott forecast, 20 stay overs are expected; 20 added to 340 gives the sum of 360. Thus, 360 rooms are expected to be occupied.

Scott’s forecast for the number of rooms occupied tomorrow is 360.

Further Explanation:

Calculate the number of room that will be occupied:

According to the data that is given, there are 80 stay overs and 300 arrivals are expected that will be added up and make to 380 rooms. Out of this number, he expects that there are 30 no shows and 10 early departures that will be reduced from the total number of rooms. Further, Scott expected 20 over-stays that will be added.

Compute the total rooms to be occupied:

[tex]\begin{aligned}\text{Rooms occupied}&=(\text{Stayovers}+\text{Arrivals}+\text{Over - Stays}-\text{No shows}-\text{Early Departures}\\&=(300+80+20)-30-10\\&=360\end{aligned}[/tex]

Therefore, the number of rooms that will be occupied is 360.

Learn more:

1. Learn more about the variable cost

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3. Learn more about the costing

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Answer details:

Grade: High School

Subject: Business Studies

Chapter: Cost and Revenue

Keywords: Scott, revenue manager, 600 room hotel, 10 rooms, 80 stay overs, 300 arrivals, 30 no-shows, 10 early departures and 20 over-stays, Scott's forecast, number of rooms occupied tomorrow, compute the total rooms to be occupied, business studies, cost and revenue, profit, loss, income, expenses, business model, revenue system, business model.

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