The Rack Rate Is

question 52

Multiple Choice

The rack rate is:

• A)the published rate that the hotel would like to get for a room
• B)the price a room is sold for
• C)a discounted rooms rate
• D)the rate set for convention attendees

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Definitions:

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Factor Weighting Approach

A decision-making technique where various factors are given weights according to their importance to evaluate different alternatives.

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An overall score that combines multiple individual metrics or scores to provide a summary measure.