Microsoft Excel 16.

0 Sensitivity Report
Worksheet: [hadm6050_Assignment_Two.xls]Q1
Report Created: 11/11/2022 10:05:52 AM

Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$33 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$33 0 -120 250 120 1E+030
$D$33 0 -185 375 185 1E+030
$E$33 1 0 185 24 0
$F$33 0 0 370 0 1E+030
$G$33 0 -5 555 5 1E+030
$H$33 5 24 209 1E+030 24
$I$33 0 48 418 48 1E+030
$J$33 2 67 627 1E+030 67
$B$34 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$34 0 -125 250 125 1E+030
$D$34 2 0 375 19 5
$E$34 0 0 185 5 0
$F$34 0 -5 370 5 1E+030
$G$34 2 180 555 1E+030 180
$H$34 1 24 209 1E+030 24
$I$34 0 43 418 43 1E+030
$J$34 2 252 627 1E+030 252
$B$35 RESERVATIONS ON HAND 0 -65 125 65 1E+030
$C$35 1 60 250 1E+030 60
$D$35 2 185 375 1E+030 185
$E$35 0 -5 185 5 1E+030
$F$35 1 180 370 1E+030 180
$G$35 2 365 555 1E+030 365
$H$35 1 19 209 1E+030 19
$I$35 2 228 418 1E+030 228
$J$35 0 437 627 437 1E+030
$B$36 RESERVATIONS ON HAND 3 125 125 1E+030 125
$C$36 0 250 250 250 1E+030
$D$36 0 375 375 375 1E+030
$E$36 2 185 185 1E+030 185
$F$36 1 370 370 1E+030 370
$G$36 0 555 555 555 1E+030
$H$36 1 209 209 1E+030 209
$I$36 0 418 418 418 1E+030
$J$36 0 627 627 627 1E+030
$B$37 RESERVATIONS ON HAND 5 125 125 1E+030 125
$C$37 0 250 250 250 1E+030
$D$37 1 166 375 1E+030 166
$E$37 4 185 185 1E+030 185
$F$37 0 370 370 370 1E+030
$G$37 1 346 555 1E+030 346
$H$37 2 209 209 1E+030 209
$I$37 0 418 418 418 1E+030
$J$37 1 418 627 1E+030 418
$B$38 RESERVATIONS ON HAND 9 125 125 1E+030 125
$C$38 2 41 250 1E+030 41
$D$38 0 -43 375 43 1E+030
$E$38 0 185 185 185 1E+030
$F$38 0 161 370 161 1E+030
$G$38 2 137 555 1E+030 137
$H$38 0 209 209 209 1E+030
$I$38 4 209 418 1E+030 209
$J$38 1 209 627 1E+030 209
$B$39 RESERVATIONS ON HAND 0 -84 125 84 1E+030
$C$39 0 -168 250 168 1E+030
$D$39 0 -228 375 228 1E+030
$E$39 0 -24 185 24 1E+030
$F$39 0 -48 370 48 1E+030
$G$39 0 -48 555 48 1E+030
$H$39 0 0 209 0 24
$I$39 6 0 418 1E+030 0
$J$39 2 24 627 1E+030 24
$B$40 RESERVATIONS ON HAND 0 -84 125 84 1E+030
$C$40 0 -144 250 144 1E+030
$D$40 0 -204 375 204 1E+030
$E$40 0 -24 185 24 1E+030
$F$40 0 -24 370 24 1E+030
$G$40 0 -24 555 24 1E+030
$H$40 9 0 209 0 24
$I$40 7 24 418 1E+030 24
$J$40 3 48 627 1E+030 48
$B$41 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$41 0 -120 250 120 1E+030
$D$41 3 5 375 1E+030 5
$E$41 0 0 185 0 1E+030
$F$41 5 0 370 5 0
$G$41 2 185 555 1E+030 185
$H$41 23 24 209 1E+030 24
$I$41 7 48 418 1E+030 48
$J$41 3 257 627 1E+030 257
$B$42 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$42 1 65 250 1E+030 65
$D$42 1 190 375 1E+030 190
$E$42 10 0 185 0 24
$F$42 2 185 370 1E+030 185
$G$42 1 370 555 1E+030 370
$H$42 23 24 209 1E+030 24
$I$42 2 233 418 1E+030 233
$J$42 2 442 627 1E+030 442
$B$43 RESERVATIONS ON HAND 11 125 125 1E+030 125
$C$43 4 250 250 1E+030 250
$D$43 2 375 375 1E+030 375
$E$43 8 185 185 1E+030 185
$F$43 3 370 370 1E+030 370
$G$43 1 555 555 1E+030 555
$H$43 4 209 209 1E+030 209
$I$43 2 418 418 1E+030 418
$J$43 0 627 627 627 1E+030
$B$44 RESERVATIONS ON HAND 12 125 125 1E+030 125
$C$44 2 250 250 1E+030 250
$D$44 1 190 375 1E+030 190
$E$44 8 185 185 1E+030 185
$F$44 1 370 370 1E+030 370
$G$44 1 370 555 1E+030 370
$H$44 5 209 209 1E+030 209
$I$44 1 418 418 1E+030 418
$J$44 1 442 627 1E+030 442
$B$45 RESERVATIONS ON HAND 16 125 125 1E+030 125
$C$45 8 65 250 1E+030 65
$D$45 3 5 375 1E+030 5
$E$45 9 185 185 1E+030 185
$F$45 5 185 370 1E+030 185
$G$45 4 185 555 1E+030 185
$H$45 6 209 209 1E+030 209
$I$45 7 233 418 1E+030 233
$J$45 2 257 627 1E+030 257
$B$46 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$46 0 -120 250 120 1E+030
$D$46 0 -180 375 180 1E+030
$E$46 11 0 185 0 0
$F$46 0 0 370 0 1E+030
$G$46 4 0 555 1E+030 0
$H$46 27 24 209 1E+030 24
$I$46 8 48 418 1E+030 48
$J$46 2 72 627 1E+030 72
$B$47 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$47 0 -120 250 120 1E+030
$D$47 0 -180 375 180 1E+030
$E$47 0 0 185 0 1E+030
$F$47 4 0 370 0 0
$G$47 2 0 555 1E+030 0
$H$47 24 24 209 1E+030 24
$I$47 9 48 418 1E+030 48
$J$47 3 72 627 1E+030 72
$B$48 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$48 0 -120 250 120 1E+030
$D$48 3 5 375 1E+030 5
$E$48 11 0 185 0 5
$F$48 8 0 370 1E+030 0
$G$48 3 185 555 1E+030 185
$H$48 27 24 209 1E+030 24
$I$48 9 48 418 1E+030 48
$J$48 4 257 627 1E+030 257
$B$49 RESERVATIONS ON HAND 0 -60 125 60 1E+030
$C$49 1 65 250 1E+030 65
$D$49 1 190 375 1E+030 190
$E$49 27 0 185 0 60
$F$49 2 185 370 1E+030 185
$G$49 2 370 555 1E+030 370
$H$49 26 24 209 1E+030 24
$I$49 2 233 418 1E+030 233
$J$49 2 442 627 1E+030 442
$B$50 RESERVATIONS ON HAND 13 125 125 1E+030 125
$C$50 5 250 250 1E+030 250
$D$50 2 375 375 1E+030 375
$E$50 9 185 185 1E+030 185
$F$50 4 370 370 1E+030 370
$G$50 1 555 555 1E+030 555
$H$50 5 209 209 1E+030 209
$I$50 2 418 418 1E+030 418
$J$50 0 627 627 627 1E+030
$B$51 RESERVATIONS ON HAND 14 125 125 1E+030 125
$C$51 2 250 250 1E+030 250
$D$51 1 166 375 1E+030 166
$E$51 10 185 185 1E+030 185
$F$51 1 370 370 1E+030 370
$G$51 1 346 555 1E+030 346
$H$51 5 209 209 1E+030 209
$I$51 1 418 418 1E+030 418
$J$51 1 418 627 1E+030 418
$B$52 RESERVATIONS ON HAND 18 125 125 1E+030 125
$C$52 11 41 250 1E+030 41
$D$52 3 166 375 1E+030 166
$E$52 12 185 185 1E+030 185
$F$52 8 161 370 1E+030 161
$G$52 5 346 555 1E+030 346
$H$52 7 209 209 1E+030 209
$I$52 8 209 418 1E+030 209
$J$52 2 418 627 1E+030 418
 $B$53 RESERVATIONS ON HAND 0 -84 125 84 1E+030
$C$53 3 41 250 1E+030 41
$D$53 3 166 375 1E+030 166
$E$53 0 -24 185 24 1E+030
$F$53 12 161 370 1E+030 161
$G$53 5 346 555 1E+030 346
$H$53 29 0 209 41 24
$I$53 10 209 418 1E+030 209
$J$53 3 418 627 1E+030 418

Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$K$33 Part 2: Rooms Sold 8 185 8 3 1
$K$34 Part 2: Rooms Sold 9 185 9 3 0
$K$35 Part 2: Rooms Sold 17 190 17 0 2
$K$36 Part 2: Rooms Sold 21 0 98 1E+030 77
$K$37 Part 2: Rooms Sold 19 0 113 1E+030 94
$K$38 Part 2: Rooms Sold 21 0 73 1E+030 52
$K$39 Part 2: Rooms Sold 20 209 20 19 0
$K$40 Part 2: Rooms Sold 30 209 30 7 9
$K$41 Part 2: Rooms Sold 55 185 55 2 5
$K$42 Part 2: Rooms Sold 65 185 65 17 10
$K$43 Part 2: Rooms Sold 52 0 127 1E+030 75
$K$44 Part 2: Rooms Sold 48 0 131 1E+030 83
$K$45 Part 2: Rooms Sold 70 0 97 1E+030 27
$K$46 Part 2: Rooms Sold 84 185 84 9 11
$K$47 Part 2: Rooms Sold 65 185 65 3 4
$K$48 Part 2: Rooms Sold 89 185 89 12 11
$K$49 Part 2: Rooms Sold 95 185 95 4 27
$K$50 Part 2: Rooms Sold 61 0 143 1E+030 82
$K$51 Part 2: Rooms Sold 55 0 149 1E+030 94
$K$52 Part 2: Rooms Sold 84 0 117 1E+030 33
$K$53 Part 2: Rooms Sold 105 209 105 1 29
 RESERVATIONS ON HAND
125 125 125 185 185 185 209 209
Date 1 2 3 1 2 3 1 2
5/4/2015 46 15 8 22 27 7 29 12
5/5/2015 19 6 3 11 12 4 25 9
5/6/2015 37 2 2 28 2 2 22 4
5/7/2015 14 9 2 8 7 1 4 4
5/8/2015 14 4 1 5 1 0 8 0
5/9/2015 11 16 3 20 19 7 8 7
5/10/2015 15 9 3 25 16 3 22 4
5/11/2015 16 17 3 21 11 3 12 9
5/12/2015 6 12 4 12 6 4 14 6
5/13/2015 18 2 1 14 1 2 26 2
5/14/2015 8 8 2 3 4 1 2 1
5/15/2015 8 6 1 6 1 0 1 0
5/16/2015 9 18 4 14 7 2 9 3
5/17/2015 9 9 1 18 2 2 6 6
5/18/2015 22 8 3 17 6 3 14 6
5/19/2015 9 7 1 9 4 2 14 4
5/20/2015 12 1 1 14 1 1 19 1
5/21/2015 5 2 1 4 3 1 1 2
5/22/2015 5 1 1 4 1 0 1 0
5/23/2015 10 12 2 12 4 2 6 3
5/24/2015 6 7 2 7 6 1 9 5

Decision Variables

125 125 125 185 185 185 209 209

Date 1 2 3 1 2 3 1 2
5/4/2015 0 0 0 1 0 0 5 0
5/5/2015 0 0 2 0 0 2 1 0
5/6/2015 0 1 2 0 1 2 1 2
5/7/2015 3 0 0 2 1 0 1 0
5/8/2015 5 0 1 4 0 1 2 0
5/9/2015 9 2 0 0 0 2 0 4
5/10/2015 0 0 0 0 0 0 0 6
5/11/2015 0 0 0 0 0 0 9 7
5/12/2015 0 0 3 0 5 2 23 7
5/13/2015 0 1 1 10 2 1 23 2
5/14/2015 11 4 2 8 3 1 4 2
5/15/2015 12 2 1 8 1 1 5 1
5/16/2015 16 8 3 9 5 4 6 7
5/17/2015 0 0 0 11 0 4 27 8
5/18/2015 0 0 0 0 4 2 24 9
5/19/2015 0 0 3 11 8 3 27 9
5/20/2015 0 1 1 27 2 2 26 2
5/21/2015 13 5 2 9 4 1 5 2
5/22/2015 14 2 1 10 1 1 5 1
5/23/2015 18 11 3 12 8 5 7 8
5/24/2015 0 3 3 0 12 5 29 10
 FORECASTED DEMA
209 Rooms reserved Rooms available 125 125 125
3 1 2 3
1 167 8 5 0 4
7 166 9 5 1 2
2 158 17 2 1 2
0 77 98 3 0 0
0 62 113 5 0 1
2 102 73 9 2 1
3 155 20 4 1 2
3 145 30 8 4 2
1 120 55 15 3 3
2 110 65 19 1 1
0 48 127 11 4 2
0 44 131 12 2 1
1 78 97 16 8 3
2 91 84 10 2 3
2 110 65 10 6 3
3 86 89 17 4 3
1 80 95 24 1 1
1 32 143 13 5 2
0 26 149 14 2 1
1 58 117 18 11 3
2 70 105 13 3 3
Total Revenue

Part 2: Rooms Part 3: Daily

209 Sold Rooms Avail. Revenue
3
2 8 8 € 2,484
2 9 9 € 3,323
0 17 17 € 3,525
0 21 98 € 1,324
1 19 113 € 3,340
1 21 73 € 5,034
2 20 20 € 3,762
3 30 30 € 6,688
3 55 55 € 13,699
2 65 65 € 10,667
0 52 127 € 7,942
1 48 131 € 6,870
2 70 97 € 16,294
2 84 84 € 14,496
3 65 65 € 13,249
4 89 89 € 19,698
2 95 95 € 14,994
0 61 143 € 9,206
1 55 149 € 7,490
2 84 117 € 20,141
3 105 105 € 21,212
Total Revenue € 205,438
FORECASTED DEMAND to COME
185 185 185 209 209 209
1 2 3 1 2 3
4 3 0 5 0 2
3 1 2 1 0 2
5 1 2 1 2 0
2 1 0 1 0 0
4 0 1 2 0 1
0 0 2 0 4 1
11 5 2 19 6 2
10 5 2 16 7 3
21 7 2 23 7 3
27 2 1 23 2 2
8 3 1 4 2 0
8 1 1 5 1 1
9 5 4 6 7 2
20 10 4 27 8 2
14 7 2 24 9 3
23 8 3 27 9 4
31 2 2 26 2 2
9 4 1 5 2 0
10 1 1 5 1 1
12 8 5 7 8 2
23 12 5 30 10 3
 Marginal 125 125 125 185 185
Date Value 1 2 3 1 2 3 1 2
5/4/2015 185 185 370 560 Closed Closed Closed Open Open
5/5/2015 185 185 375 375 Closed Closed Open Open Closed
5/6/2015 190 190 190 190 Closed Open Open Closed Open
5/7/2015 0 0 0 0 Open Open Open Open Open
5/8/2015 0 0 0 209 Open Open Open Open Open
5/9/2015 0 0 209 418 Open Open Closed Open Open
5/10/2015 209 209 418 603 Closed Closed Closed Closed Closed
5/11/2015 209 209 394 579 Closed Closed Closed Closed Closed
5/12/2015 185 185 370 370 Closed Closed Open Open Open
5/13/2015 185 185 185 185 Closed Open Open Open Open
5/14/2015 0 0 0 0 Open Open Open Open Open
5/15/2015 0 0 0 185 Open Open Open Open Open
5/16/2015 0 0 185 370 Open Open Open Open Open
5/17/2015 185 185 370 555 Closed Closed Closed Open Open
5/18/2015 185 185 370 555 Closed Closed Closed Open Open
5/19/2015 185 185 370 370 Closed Closed Open Open Open
5/20/2015 185 185 185 185 Closed Open Open Open Open
5/21/2015 0 0 0 0 Open Open Open Open Open
5/22/2015 0 0 0 209 Open Open Open Open Open
5/23/2015 0 0 209 209 Open Open Open Open Open
5/24/2015 209 209 209 209 Closed Open Open Closed Open
 185 209 209 209
3 1 2 3
Closed Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Closed Open Open Open
Closed Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
Open Open Open Open
 1. In Course Assignment One you determined Booking Limits for rate classes using marginal analysis. You are
controls in this assignment. Compare and contrast the approaches in Course Assignment One and this assignm

a. How are they similar?

They both need the demand forecast for the rooms and both have certain price levels.
b. How they are different?

- Course Assignment 1: We set the prices differently based on the occupancy rate. The booking limits are then determine
higher as the price goes on, as we want to maximize the revenue by sparing some rooms in case some customers would w
- Course Assignment 2: We now have more detailed information: not only do we know the total forecast of the number o
length of stay. We don't have to do a lot of calculations but can use Solvers to test out the best scenario and maximize the
room type, we decide whether or not to receive bookings based on that, and sometimes the demands for lower cost room
a trend for that, unlike in assignment 1 where the booking limit rises along with the rate.

c. What information they use?

- Course Assignment 1: Forecast, occupancy rate, minimum rate for each occupancy range
- Course Assignment 2: Total rooms, reservations on hand, daily number of rooms available, daily revenue, demands bas
d. Do they incorporate uncertainty?
- Course Assignment 1: The lower the occupancy, the lower the rate, and also the booking limits. They are uncertain abou
they calculate the most likely number of demands at different price rates to make sure that they can offer available room
- Course Assignment 2: This method incorporates less uncertainty as the detailed information allows it to be more precis
calculates the marginal values and only take the bookings of rooms with higher values.

e. What happens to both when demand is less than capacity?

- Course Assignment 1:Different minimum rates will be applied based on the occupancy rate
- Course Assignment 2: Demanded bookings might be accepted or not based on its affect on the next day and the total rev
- Both: There will be unutilized rooms, so the revenues would not reach the highest possible bumber