Mathematics, 12.03.2021 15:30 cody1097

Enterprise Car Company is a local rental car company serving the Santa Ana area. The management team is considering to incorporate the network management framework into its booking system. To begin with, the management team attempts to identify the optimal booking schedule for weekends (i. e., from Friday to Sunday) to maximize its revenue performance. Specifically, Enterprise Car Company has 200 Full-size sedans available for Friday, 250 full-size sedans for Saturday, and 230 full-size sedans for Sunday. The rental prices for Friday, Saturday, and Sunday are $79, $49, and $39 respectively. If a consumer asks for two-consecutive-day booking, then this customer will receive a 10% discount on the total price. For three-consecutive-day booking, the discount will be 30% over the total price. Particularly, demand and prices for all booking periods are as shown in the following table:
Booking Period Price Demand
Friday Only $79 155
Saturday Only $49 112
Sunday Only $39 98
Friday-Saturday $115 155
Saturday-Sunday $79 135
Friday-Sunday $117 207
Enterprise Car Company has hired you as a consultant to identify the optimal booking limits for weekends
Your Task: Use Excel Solver to formulate the network management problem and solve it. Then save your spreadsheet including the formulation and its solution, and submit your spreadsheet onto the Blackboard. The norm table and some formula attached:

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Enterprise Car Company is a local rental car company serving the Santa Ana area. The management team...

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