CH%205_P2

# CH%205_P2 - Output Variables= 1 Sampling Type= Latin...

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Chap 5 P2 Page 1 Chapter 5 Problem 2 Per room costs Pre-convention reservation cost \$50.00 Post convention reservation cost \$80.00 Rooms Reserved #ADDIN? Attendance #ADDIN? Total Costs Pre-reservation cost #ADDIN? Post Convention cost #ADDIN? Total Cost #ADDIN? Ran a simtable with 4400,4600,4800 etc. rooms reserved indicated around 4600 rooms were needed. Then zeroed in on between 4400 and 4750 room and found 4700 rooms yielded minimum exp Iterations= 100 Simulations= 6 # Input Variables= 2

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Unformatted text preview: # Output Variables= 1 Sampling Type= Latin Hypercube Runtime= 00:00:14 Summary Statistics Cell Name B11 (Sim#1) Total Cost B11 (Sim#2) Total Cost B11 (Sim#3) Total Cost B11 (Sim#4) Total Cost B11 (Sim#5) Total Cost B11 (Sim#6) Total Cost Chap 5 P2 Page 2 pected cost Minimum Mean Maximum 225000 280812.1 480866.1 227500 280583.9 479366.1 230000 280419.2 477866.1 232500 280326.5 476366.1 235000 280318.4 474866.1 237500 280378.9 473366.1...
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## This note was uploaded on 05/09/2010 for the course MD 605 taught by Professor Silks during the Fall '10 term at box.

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CH%205_P2 - Output Variables= 1 Sampling Type= Latin...

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