Revenue Management Exam Answer Key
Revenue Management Final Exam, 2010-11, Block C
Dr. Lily Lin, MBA, Mr. P. Griep, Dr. M. Lewison, & Dhr. F. de Vries
Student Name: __________________________________ Student ID: __________________
Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils:
* Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given..
* All necessary information is included in the case. If the information is not given, there is NO mistake. You are expected to use other given data in the case to make the calculation(s) in order to derive the needed information.
* Round up to one decimal at the end of your calculation.
* For convenience, all currency values are converted into either US$ or Euro.
* Points per question are stated at the end of each question. Total points: 100
* Keep your answers to the point. Long & vague answers will not earn you any point.
* If you really have no clue, leave the question blank.
* Credit will be given for correct supportive arguments when using your own data
* Correct method of calculation but with the wrong result earns no point.
* Use the blank space below each question or the back side of your exam paper to do the calculations.
* ------------------------------------------------- Answer all questions in English. Write in “readable” print letters. Anything cannot be read will not be given credit, regardless of the actual content.
Hotel Beaux Arts is a 83 year old 580 room Hotel located on the left bank (Rive Gauche) of Paris. Hotel Beaux Arts used to be one of the most fashionable Hotels of Paris in the 1930’s attracting the rich and famous from all over the world. Hotel Beaux Arts has undergone many changes and renovations. As of the 1980’s the Hotel was not performing so great anymore and slowly became an old “run down”
Dr. Lily Lin, MBA, Mr. P. Griep, Dr. M. Lewison, & Dhr. F. de Vries
Student Name: __________________________________ Student ID: __________________
Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils:
* Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given..
* All necessary information is included in the case. If the information is not given, there is NO mistake. You are expected to use other given data in the case to make the calculation(s) in order to derive the needed information.
* Round up to one decimal at the end of your calculation.
* For convenience, all currency values are converted into either US$ or Euro.
* Points per question are stated at the end of each question. Total points: 100
* Keep your answers to the point. Long & vague answers will not earn you any point.
* If you really have no clue, leave the question blank.
* Credit will be given for correct supportive arguments when using your own data
* Correct method of calculation but with the wrong result earns no point.
* Use the blank space below each question or the back side of your exam paper to do the calculations.
* ------------------------------------------------- Answer all questions in English. Write in “readable” print letters. Anything cannot be read will not be given credit, regardless of the actual content.
Hotel Beaux Arts is a 83 year old 580 room Hotel located on the left bank (Rive Gauche) of Paris. Hotel Beaux Arts used to be one of the most fashionable Hotels of Paris in the 1930’s attracting the rich and famous from all over the world. Hotel Beaux Arts has undergone many changes and renovations. As of the 1980’s the Hotel was not performing so great anymore and slowly became an old “run down”