April 2016
Intermediate to advanced
284 pages
9h 26m
English
book
Practical Spreadsheet Risk Modeling for Management
by Dale Lehman, Huybert Groenendaal, Greg Nolder
Content preview from Practical Spreadsheet Risk Modeling for Management
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Optimization and Decision Making 231
The top solutions do not vary much: Y class prices fall in the range of
(210,230), Q class prices within (120,140), and reserved seats mostly at 70. We
will rene the analysis by using these price ranges, permitting the reserved
seats to vary between 65 and 75, and using smaller steps of one for each
variable. Notice that we could set a Y class price of $160 and have a mean
demand of 100, thereby (on average) lling the plane with Y class passengers.
OptQuest apparently does not nd that to be as protable as charging higher
Y class prices and having both classes of passengers on the plane. ...
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