Question: please answer only question 4. Round Tree Resort is a hotel that provides two types of rooms Mountain View (Room Type I) and Street View
please answer only question 4.
Round Tree Resort is a hotel that provides two types of rooms Mountain View (Room Type I) and Street View (Room Type II), with three rental classes as follows: Super Saver, Deluxe, and Business Conference. The profit per night for each type of room and rental class is listed in Table A below. Note that all Business Conference customers are assigned street view rooms as these are located next to the conference center of the building. Table A: Profit per Night by Room Type and Rental Class Super Business Saver Deluxe Conference Room Type 1: Mountain View $30 $35 Room Type 2: Street View $20 $30 $40 Round Tree's management makes a forecast of the nightly demand by rental class for each night in the future. An optimization model should be developed to maximize profit and determine how many reservations to accept for each rental class. The average nightly demand forecast for rooms in the Summer Vacation Season is 130 rooms in the Super Saver class, 60 in the Deluxe class, and 50 in the Business class. Round Tree will not make more reservations than the forecasted amounts of each reservation for each rental class. Round Tree has a limited number of each type of room. There are 100 Mountain View Rooms and 120 Street View Rooms. The following decision variables should be used in the analysis, note that there is no B1 variable because all Business Conference attendants are assigned a street view room: Decision Variables S1= number of Super Saver reservations taken for room type I 52= number of Super Saver reservations taken for room type II D1 = number of Deluxe reservations taken for room type I D2 = number of Deluxe reservations taken for room type II B2 = number of Business reservations taken for room type II 4. Assume that the optimization model was solved and indicated the following proposed reservation policy should be used (listed below). If this reservation policy is implemented, what happens if Super Saver Demand ends up being 130 as forecasted? Proposed Solution Under Consideration: $1=100 S2 = 10 D1 = 0 D2 = 60 82=50 Nightly Profit= $7000

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