The Phoenix is an upscale restaurant and banquet facility that has some profitability issues. The property was renovated and reopened, but still is generating a loss. There are major problems with the financial health wh
Please refer to Forecasting.Xls file posted on Blackboard site (under course documents folder excel file sub-folder). I. Use the following methods to forecast demand for room-nights for the month of October 2006. a. b. c. d.
Challenge1 Afterrunningchallenge1withandwithoutbatching,itbecameimmediatelyclearthatBenihana mustusebatchingtoproducethemostprofitableresults.Inoursimulationwithbatchingthe averageprofitwas360.00.Withoutbatchingprofitwasintheredat139.00.Fromthetableyou ca