Business, 24.03.2020 19:02, gracie2492
A hotel and conference center at a holiday destination can cater for a maximum of 540 tourists and conference attendees per month but does not open for business in any month in which the number of bookings is less than 300. The number of tourist bookings is always greater than or equal to the number of conference attendees but never more than twice as many. The profit made per tourist per month is $16 while the profit made per conference attendee per month is $19. What mix of conference attendees and tourists should the center aim for to maximize the profit and what is the maximum profit? Formulate an LP model for this problem and report the model in the box below. Your model must include clearly defined decision variables, an objective function, and the required constraints.
Answers: 3
Business, 22.06.2019 14:20, deisyy101
Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?
Answers: 3
Business, 22.06.2019 18:00, mcckenziee
When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?
Answers: 1
A hotel and conference center at a holiday destination can cater for a maximum of 540 tourists and c...
Mathematics, 10.10.2019 03:30