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Business, 06.04.2021 03:10 yol123

a. The Center for Business Analytics is considering a refund policy for no-shows. No refund would be given for free admissions who do not attend, but nonmembers who do not attend will be refunded 50 percent of the price. Extend the model you developed in Assignment 4 for the Business Intelligence Symposium to account for the fact that, historically, 25 percent of registered free admissions do not show, and 10 percent of registered nonmembers do not attend. The Center pays the caterer for breakfast and lunch based on the number of registrants (not the number of attendees). However, the Center pays for parking only for those who attend. What is the profit if each corporate member registers their full allotment of tickets, and 127 nonmembers register

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