For this week’s discussion, consider the following:
if you are not familiar with Priceline.com Inc., go to its website. Assume that an individual “names a price” of $85 on www.priceline.com (Links to an external site.) for a room in Nashville, Tennessee, on August 22. Assume that August 22 is a Saturday, with low expected room demand in Nashville at a Marriott International, Inc. hotel, so there is excess room capacity. The fully allocated cost per room per day is assumed from hotel records as follows:
For your initial post, discuss if Marriott should accept the customer bid for a night in Nashville on August 22 at a price of $85? Why or why not?
INITIAL POST: Your initial post must be a minimum of 100 words, and it must be your original work. Do not plagiarize. Cite your sources when appropriate. Record your word count at the bottom of your initial post. You will not be able to see your classmate’s posts until you have submitted your initial post. Your initial post is due by Friday, 11/19.
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