Problem 8-21 (Algorithmic) Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows: Room Type 1 Type II Rental Class Super Saver $37 $18 Deluxe $40 $33 Variable SuperSaver rentals allocated to room type I SuperSaver rentals allocated to room type Deluxe rentals allocated to room type 1 Deluxe rentals allocated to room type II Business rentals allocated to room type II Business Type 1 rooms do not have wireless Internet access and are not available for the Business rental class. Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 125 rentals in the Super Saver class, 50 rentals in the Deluxe class, ando rentals in the Business class. Round Tree has 110 Type 1 rooms and 120 Type II rooms. a. Use linear programming to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types. of reservations Is the demand by any rental class not satisfied? $35 Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor. b. How many reservations can be accommodated in each rental class? Previous New
Problem 8-21 (Algorithmic) Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows: Room Type 1 Type II Rental Class Super Saver $37 $18 Deluxe $40 $33 Variable SuperSaver rentals allocated to room type I SuperSaver rentals allocated to room type Deluxe rentals allocated to room type 1 Deluxe rentals allocated to room type II Business rentals allocated to room type II Business Type 1 rooms do not have wireless Internet access and are not available for the Business rental class. Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 125 rentals in the Super Saver class, 50 rentals in the Deluxe class, ando rentals in the Business class. Round Tree has 110 Type 1 rooms and 120 Type II rooms. a. Use linear programming to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types. of reservations Is the demand by any rental class not satisfied? $35 Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor. b. How many reservations can be accommodated in each rental class? Previous New
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 8-21 (Algorithmic)
Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows:
Room
Type 1
Type II
Rental Class
Super Saver
$37
$18
Explain.
Deluxe
$40
$33
Variable
SuperSaver rentals allocated to room type I
SuperSaver rentals allocated to room type II
Deluxe rentals allocated to room type I
Deluxe rentals allocated to room type II
Business rentals allocated to room type II
Is the demand by any rental class not satisfied?
Business
Type 1 rooms do not have wireless Internet access and are not available for the Business rental class.
Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 125 rentals in the Super Saver
class, 50 rentals in the Deluxe class, and 40 rentals in the Business class. Round Tree has 110 Type I rooms and 120 Type II rooms.
a. Use linear programming to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types.
$35
of reservations
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
b. How many reservations can be accommodated in each rental class?
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