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Answer key
Apply lA. Apply
An Clttendee of the conference sponsored by CC would pCly , for reg istrCltion Cl nd Cl room in the conference b lock, $620 + 2($110) = $840 . By emp loy ing the ROB strCltegy , Cln Clttendee would pCly $720

+ 2($70)

= $860 .

Therefore the Clttendee would not SClve money by emp loy ing the ROB strCltegy . The correct answer is No.

lB. Apply
An Clttendee of the conference sponsored by FFNA would pCly , for reg istrCltion Clnd Cl room in the conference b lock, $275 + 2($140) = $555 . By emp loy ing the ROB strCltegy , Cln Clttendee would pCly $325

+ 2($70)

= $465 .

Therefore the Clttendee would SClve money by emp loy ing the ROB strCltegy . The correct answer is Yes.

lC. App ly
An Clttendee of the conference sponsored by HMHPA would pCly , for reg istrCltion Clnd Cl room in the conference b lock, $575 + 2($104) = $783 . By e mploying t he ROB strCltegy , Cl l) Clttendee would PCly $600

+ 2($79) = $758 .

Therefore the Clttendee would SClve money by employ ing the ROB strCltegy . The correct answer is Yes.

Apply
For Cl hote l to lose room revenue in th is scenClrio, the lowest rClte must be less thCln 75% of the b lock rClte . Th is will occur when the rCltio of the lowest rClte to the b lock rate is less thCln 0 .75 .

2A. Apply
For the conferences hosted by the As iCl w est Center, the rCltios Clre the conference sponsored by CDA Clnd The correct answer is No .

~: = 0 .97

for

~~; = 0 .95

for the conferences sponsored

by QRTA Clnd RCD . Therefore the As iCl w est Center would not lose room revenue .

2B. Apply
For the one conference hosted by BClrd Inn - sponsored by PNDA- the rCltio is

g;

= 1; thus the BClrd Inn would not lose room revenue .
The correct answer is No.

2C. Apply
For the conference sponsored by CC , for eXClmp le , the rCltio is 110

70

= 0 .64

, which

ind icCltes thClt the host hote l, Hil ton , would lose room revenue. Note thClt Hilton will Cl lso lose revenue w ith its other two sponsors . The correct answer is Yes.

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Strategize 3. For Cl n Clttendee emp loy ing the RO B strCltegy , the sCl v ings on room fees is $X - $Y pe r n ight . Over t wo n ights , then, the Clttendee wou ld SCl ve 2($X - $ Y} . Accord ing t o the study cited in the Cl rticle, Cl registrCltion discoun t equCl I t o hCl lf of th e sCl v ings of Cl n Clttendee 's cost-sCl v ing strCltegy wou ld be suffic ient t o defe r the use of thClt 2(X - y) strCltegy . Therefore the registr Cltion discoun t shou ld be set Clt 2 = X - y. The correct answer is C.

Apply 4A. Apply
For the confer ence sponsored by CC,