You are the co-owner of a full-service restaurant. It is approaching Valentine's Day which is a popular day for couples to have a special dinner. You put together a special fixed menu which includes a 3 course dinner (appetizer, entree and dessert) for the fixed price of $35 per person (plus taxes and gratuity). You have 2 seatings available one at 5.00PM and one at 7:30 PM and you can accommodate 50 people in each seating. You notice that the 7:30 PM time slot is more popular than the 5:00 PM slot. You have a 24 hour cancellation policy. Should a couple need to cancel, if they do not cancel within 24 hours they will be charged the value of one dinner ($35) If you own the restaurant with one other person - what are the ownership structure options you have? Briefly explain. How are the concepts of demand and revenue management evident here? Explain your answer. What is an example of a "rate fence" in this situation? Explain What can you do to reach capacity for the 5.00 PM timeslot? Explain your