Question: Problem 1 2 - 0 7 Manson Inn is a 9 6 - room hotel located near the airport and convention center in Louisville, Kentucky.
Problem
Manson Inn is a room hotel located near the airport and convention center in Louisville, Kentucky. When a convention or a special event is in town, Marson increases ta normal room rates and lakes reservations
based on a revenue management system. The Classic Corvette Owners Assocarbon scheduled its annual convention in Louisville for the first weekend in June, Hanson Inn agreed to make at least of its rooms
available for convention attendees at a special convention rate in order to be listed as a recommended hotel for the convention. Although the majority of attendees at the annual meeting typically request a friday and
Saturday tworaght package, some attendees may select a Friday night anty or a Saturday night only reservation. Customers not attending the convention may also request a Friday and Saturday twonight package,
or make a Friday night only or Saturday night only reservation. Thus, six types of reservations are possible: convention customerstwonight package; convention customersFriday night only; convention
customersSaturday night only; regular customerstwcnight package; regular customersFriday night only; and regular customersSaturday night only.
The cost for each type of reservation is shown henk.
TwoNight Package
Regular
Friday Night
Only
$
$
Saturday Night Only
$
The anticipated demand for each type of reservation is as follows:
TwoNight Package
Coevemion
Regulat
Friday Night Only
Saturday Night Only
Manson Inn would like to determine how many rooms to make available for each type of reservation in order to maximize totar revenue.
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