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Tour Package Profit Optimization Case Study by hardikbaweja5446 is a document available to read on EtoBox.
1) A travel agent is planning a charter trip and wants to determine the optimal number of deluxe, standard, and economy packages to maximize profits. 2) There are constraints on the minimum/maximum numbers of each package type and total passengers cannot exceed 200. 3) The problem is modeled as a linear programming problem with the objective of maximizing total profits based on package prices, costs, and a flat aircraft fee. 4) Solving the linear program reveals the optimal solution is 20 deluxe packages,
- Author
- hardikbaweja5446
- Language
- EN