The revenue manager at the 133-room Big Bluff Bunkhouse Hotel noticed that, based on information from the past several years, there was a trend in the first week of September: it was quite common on Monday, Tuesday, and Wednesday nights for four or five guests to cancel at the last minute or just not show up. Therefore, this year the revenue manager made a decision to accept 138 reservations to ensure filling every guest room. This business approach is referred to as _____________, fill in the blank,.

Answers

Answer 1

Answer: Selective overbooking

Explanation:

From the information given in the question, we can denote that the business approach is referred to as selective overbooking.

Selective overbooking can also be referred to as capacity management and it simply refers to ensuring that a particular company maximizes both its output and its potential activities.

This strategy is usually used by hotel businesses as they measure how much they'll make within a particular period of time.


Related Questions

What is a tagline?

(Principles Of Business Management)

Answers

A tagline is a catchphrase or slogan used to advertise a brand. It is a short phrase or a series of phrases,often presented in conjunction with a brand logo,that is intended to add meaning to a brand

Answer:

Explanation:

A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.

Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan

Answers

Answer: skill-based pay systems

Explanation:

A special type of project team that focuses on the verse in designing a implement a new product is a

Answers

Answer:

Product development team.

Explanation:

Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.

In an effort to address the troubled economy, ..."For the ninth time in just over a year, the Federal Reserve is expected to cut interest rates, quite possibly its last reduction in this downturn." Rates have not been this low "... since 2003, when the economy was growing at a snail's pace." www.csmonitor, 10/28/2008 The Fed's rate cuts will ________ bank reserves and ________.

Answers

Answer:

decrease bank reserves; decrease the exchange rate and real GDP

Explanation:

The Federal reserve uses various monetary policies to regulate cash flow in the economy with a view of managing various indices like inflation, GDP, deflation, and so on.

Interest rate is one of the monetary policies that can be used to.vonttol the economy.

When interest rate is high cost of borrowing cash from commercial banks will be high so people are discouraged from borrowing. There is higher reserve in banks, and cash flow is restricted.

However in a situation where the economy is troubled the Federal Reserve will reduce interest rate.

This results in cheaper cost of borrowing funds, commercial bank reserves will reduce because of increased outward flow of cash.

As the cash in the economy is in excess the rate at which it exchanges for foreign currencies will fall.

This in turn results in more money being spent on foreign goods and will reduce real GDP

Which of these choices shows the smartest thinking?
ОА.
I use my credit card very carefully and I always pay my credit card bill the
minute I get it.
I use my credit card very carefully and I always pay my credit card bill the
day it is due.
Ов,
Oc. I use my credit card for impulse shopping.
OD. I use my credit card to help my friends buy stuff they cannot afford,

Answers

Ob is the smartest thinking I think

Someone broke into your apartment and stole all of your stuff. Luckily, you
have renter's insurance. How do you request that your insurance pay for
the lost items?
A. file a claim
B. Write a deductible
C. Submit a powerpoint presentation
D. Prepare a lease

Answers

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer: A, file a claim

Explanation:

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer:

A. file a claim

Explanation:

The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%

50 points pls give good answer
What do you think you'd like best about working as a hospitality manager?

Answers

Answer:

What I would like best as working as a hospitality manager, is to make sure my establishment/place of work is running smoothly. Whether that requires me to keep up with finances, or just general peace keeping. I would ensure that my customers were 100% satisfied and felt welcome their entire stay.

Explanation:

Explanation:

I Like To Keep My Patients Healthy And Safe..

Other Questions
If half the K-40 of a rock hasdecayed into Ar-40, how old isthe rock? A new law requires all citizens to havehealth insurance. Many of your familymembers do not have insurance. What levelof government should be contacted to findout specific requirements of this law?Federal, State, Local The measure of arc BC is ___ degrees. How does Holly save herself from the troll . Artemis fowl NEED HELP WILL GIVE 10 POINTS NEED IT NOW AND CORRECT PLSSS TYSMWhat two types of government are the best examples of autocracy? An oligarchy and representative democracy A Representative democracy and communism A republic and monarchy A dictatorship and monarchy i would search this up myself but i type really slow Use the following balanced reaction to solve 1-3:P4 (s) + 6H2 (g) 4PH3 (g) How many grams of phosphorus trihydride will be formed by reacting 60 L of Hydrogen gas with an excess of P4? Which of these would associated with obesity? Atilio Pelossi is best remembered for being A. asustado B. muerto C. valiente D. vivo WILL MARK B!Please I need help I have a quiz ASAP. According to the text, why are justices selected for life?a. Justices are selected for life so they can make decisions without worrying about being fired.b. Justices are selected for life so they can learn more over time about the U.S. Constitution. c. Justices are selected for life so they can serve as part of the judicial branch of the government.d. Justices are selected for life so they can have extraordinary experiences. Compare and contrast gradualism and punctuated equilibrium. Provide at least one comparison and one difference in your answer. You may use examples for each if that helps you with answering the question. Receiving constructive criticism with andis the professional response to the situation.A.gratitudeB.an open mindC.suspicionD.reluctance WILL GIVE BRAINLIEST!The length of a side of a square is (6x + 6) km. Find the area of the square in terms of the variable x. km2 Explain how women have taken up new roles in society post World War 2.Since I am mega dvmb and can't lift a single braincell rn, again, help me out. No trolls. which of the following compromises or acts did NOT try to address the slavery issues in our country during the mid-1800's?1. Missouri Compromise 2. Compromise of 18503. Kansas-Nebraska Act4. Texas-Mexican Act Assume you gave up a $60,000 per year job at an accounting firm to start your own tax preparation business. To simplify, assume your tax personal obligations are the same whether you run your own firm or work for another firm. If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit HELP ME PLS ITS URGENT .. !The commuting distances, in miles, of 10 employees were used to make the box plot shown above. Which of the sets of distances below matches the given box plot?A.Commuting Distances: 10, 15, 15, 20, 20, 20, 30, 30, 45, 45B.Commuting Distances: 10, 15, 15, 20, 20, 30, 30, 30, 45, 45C.Commuting Distances: 10, 15, 20, 20, 20, 20, 30, 30, 45, 45D.Commuting Distances: 10, 15, 15, 20, 20, 20, 30, 45, 45, 45 1. Which is correct?(5 Points)"It was years before the law's effects could be seen" (Mitchell "The Lost Law 210)."It was years before the law's effects could be seen" (Mitchell 210). is "whoever heard the parrot" a phrase or clause