Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Busines
Posted: Wed Jul 06, 2022 6:06 am
Round Tree Manor is a hotel that provides two types of roomswith three rental classes: Super Saver, Deluxe, and Business. Theprofit per night for each type of room and rental class is asfollows:
Type I Room Type II Rental Class Super Saver $38 $16 Yes No Deluxe $43 $28 Type I 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 140 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 110 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. 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 $45 # of reservations
Type I Room Type II Rental Class Super Saver $38 $16 Yes No Deluxe $43 $28 Type I 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 140 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 110 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. 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 $45 # of reservations