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BID PRICING The Pyramid Hotel has 6 BAR rates: $120,$145,$170,$195,$225 and $260. Guests stay for 1,2,3,4,5,6, or 7 nights at the property.Below are the bid

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BID PRICING The Pyramid Hotel has 6 BAR rates: $120,$145,$170,$195,$225 and $260. Guests stay for 1,2,3,4,5,6, or 7 nights at the property.Below are the bid prices for May 1 through 31. 1. Calculate bid-prices by length of stay. Note: develop formlea in Excel to automate this process. 2. Derive the the minimum rates by length of stay for May 1 through May 25 . Note: develop formlae in Excel to automate this process. Hint: use a Lookup function for this

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