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The design of the next hotel in our chain will depend on maximizing the revenue for one night while meeting certain market realities. Three types

The design of the next hotel in our chain will depend on maximizing the revenue for one night while meeting certain market realities. Three types of rooms will be offered (suite, kitchenette, and standard). The various rates and range for the number of rooms are given below

Your answer will be the number of Standard rooms in the new hotel.

Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
Suite - max 4 12 18 25 2
Suite - min 1 4 2 6 0
Kitchenette - max 10 12 6 6 40
Kitchenette - min 5 0 0 4 20
Standard - max 60 80 80 155 40
Standard - min 40 60 70 140 40
Max number of total rooms 55 95 99 155 65
Revenue per Suite $135 $140 $135 $149 $119
Revenue per Suite $109 $119 $119 $139 $109
Revenue per Standard $89 $89 $89 $109 $85

Use Scenario 2.

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