Because of Late Cancellations, Neptune Lines, an Operator of Cruise

question 165

Short Answer

Because of late cancellations, Neptune Lines, an operator of cruise ships, has a policy of accepting more reservations than there are accommodations available. From experience, 8% of the bookings for the 90-day around-the-world cruise on the S.S. Drion, which has accommodations for 2,000 passengers, are subsequently canceled.
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If the management of Neptune Lines has decided, for public relations reasons, that a person who has made a reservation should have a probability of 0.97 of obtaining accommodation on the ship, determine the largest number of reservations that should be taken for a cruise on the S.S. Drion.
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Round your answer to the nearest integer.
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__________ reservations

Acknowledge the effectiveness of various appeal strategies in business communication.

Understand the key elements of effective claim messages.

Recognize the value of learning to write sales and persuasive messages for professional communication and consumer awareness.

Identify the structure and focus of effective sales messages, including the number of selling points to maintain reader interest.

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