$

3
0

###
773
0
0

0
0

0
0
1

1 GF1_rK0qD
1 GF1_rK0qD
1 GF1_rK0q

13440
13440
13440
13440
13440

6215
6215
6215
6215
6215

7050
7050
7050
7050
7050

100
500
1000
1500
2000

10

0.95

1
1
2

0
0
0

0
0
0

>75%
>75%

<25%
<25%

>90%
>90%

###
773

1
2
3

1
1
1

1
0

0
0
1

#NAME?

773

#NAME?

Hotel Reservations
Inputs
Six Month before reservation cost per room - Marriot discounted rate
First day of the conference cost per room - Marriot full price
First day of the conference cost per room - Days Inn
Local Hotel Voucher Cost
Mean number of doctors attending
Std dev of doctors attending
Number of Rooms Reserved at the Marriot 6 months before the conference
Number of Doctors at the conference
Number of Doctors at the conference needing hotels rooms
Marriot Reservation cost - Discounted Rate
Number of extra rooms available on the first day at the Marriot
Number of extra rooms available on the first day at the Days Inn
Number doctors still needing a room on the first day of the conference
Cost of extra rooms needed on the first day of the conference from the Marriot
Number of rooms still needed after Marriot is Full
Cost of extra rooms needed on the first day of the conference from the Days Inn
Number of hotel vochers needed
Hotel Voucher cost
Total cost

Distributition of Extra Rooms available on the first day of the

Conference
$150

Marriot

$250

Min.

$300

Most likely

400

Most likely

$325

Max.

750

Max.

5000
1000
4000

5000
4250
600,000.00
383
773
250
62,500.00
0
0
-

662,500.00

$
$

Days Inn

Min.

20
800
1500

Correlation Maxtrix
Marriot
Marriot
Days Inn

Days Inn
1

0.8

0.8