Home / Questions / If you are not familiar with check out its website Assume that an individual names a pric...
If you are not familiar with Inc. (PCLN), check out its website. Assume that an individual "names a price" of $85 on for a room in Nashville, Tennessee, on August 22. Assume that August 22 is a Saturday with low expected room demand at a Marriott International, Inc. (MAR), hotel in Nashville, so there is excess room capacity. The fully allocated cost per room per day is assumed from hotel records as follows:
Should Marriott accept the customer's $85 bid? Why or why not?
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