A car rental company rents three different types of cars in 4 locations. The profit made per day for each car type at each location is listed below. Car Type Location Type 1 Type 2 Type 3 A $25 $40 $15 B $30 $35 $45 C $28 $34 $25 D $22 $30 $35 The demand forecast is 140 for Type 1, 200 for Type 2, and 200 for Type 3. The company has 110 cars in Location A, 130 cars in Location B, 140 cars in Location C, and 160 cars in Location D. Use linear programming to determine how many reservations to accept for each car type at each location. What is the optimal maximum profit?
A car rental company rents three different types of cars in 4 locations. The profit made per day for each car type at each location is listed below. Car Type Location Type 1 Type 2 Type 3 A $25 $40 $15 B $30 $35 $45 C $28 $34 $25 D $22 $30 $35 The demand forecast is 140 for Type 1, 200 for Type 2, and 200 for Type 3. The company has 110 cars in Location A, 130 cars in Location B, 140 cars in Location C, and 160 cars in Location D. Use linear programming to determine how many reservations to accept for each car type at each location. What is the optimal maximum profit?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A car rental company rents three different types of cars in 4 locations. The profit made per day for each car type at each location is listed below.
| Car Type | |||
| Location | Type 1 | Type 2 | Type 3 |
| A | $25 | $40 | $15 |
| B | $30 | $35 | $45 |
| C | $28 | $34 | $25 |
| D | $22 | $30 | $35 |
The demand
The company has 110 cars in Location A, 130 cars in Location B, 140 cars in Location C, and 160 cars in Location D.
Use linear programming to determine how many reservations to accept for each car type at each location.
What is the optimal maximum profit?
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