11APPLY WHAT YOU KNOW 1. Joel Lib erman is the RM at the City Center Plaza, a 300-room franchised bote guest r evaluating alternative options regarding the allocation of 100 unsold rd weekend of next month. His property's group room sales department bel (but is not positive) that it can sell 80 group rooms for that date at a rate of $185 re m 7 he hotel's FOM believes that if the 100 rooms are listed on the Deals tTer Hotel" page of the franchisor opcrated property the hotel's normal $229.99 rack rate, 90 rooms might sell through the CRS would apply only to buyers willing to agree that the room would be billed to the at the time of purchase and could not be canceled. web site, with a 25 percent discount off . T e sale Uberhothotels.com, a third-party merchant model operator, is willing to pay th hotel $160.0 it would be able to buy and then resell up to 100 rooms. It believes it can do so if it lists the rooms as open to all buyers and at a rate of $172.99 per night 0 for each room it purchases but wants a commitment from the hotel that locl already has 200 rooms sold for this specific night at the hotel's rack rate. Assume omplete the following revenue that each distribution channel produces as projected. C estimate report and answer the questions that follow