Assume Marriott International just opened a new hotel in Bethesda, MD. The hotel has 245...
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Assume Marriott International just opened a new hotel in Bethesda, MD The hotel has rooms, or roomnights per year equal to x The hotel was built with the aim that it would be occupied during the spring and summer months, and it would be at a much lower capacity of during the remaining portion of the year. The cost of the building cleaning and maintenance is estimated to be $ per year. Calculate the cost of excess capacity for the year. Note: Use rounded answer from part b to calculate the answer to this question. Note: Round final answer to the nearest dollar.
Assume Marriott International just opened a new hotel in Bethesda, MD The hotel has rooms, or roomnights per year equal to x The hotel was built with the aim that it would be occupied during the spring and summer months, and it would be at a much lower capacity of during the remaining portion of the year. The cost of the building cleaning and maintenance is estimated to be $ per year.
Calculate the cost of excess capacity for the year. Note: Use rounded answer from part b to calculate the answer to this question. Note: Round final answer to the nearest dollar.
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