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Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of vessels: A...

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Basic Math

Deluxe River Cruises operates a fleet of river vessels. Thefleet has two types of

vessels: A type A vessel has 60 deluxe cabins and 160 standardcabins, whereas a type B vessel has 80 deluxe

cabins and 120 standard cabins. Under a charter agreement withthe Odyssey Travel Agency, Deluxe River

Cruise sis to provide Odyssey with a minimum of 360 deluxe and680 standard cabins for their 15-day cruise

in May. It costs $44000 to operate a type A vessel and $54000 tooperate a type B vessel for that period.

A) How many of each type of vessel should be used to keep theoperating costs to a minimum?

B) Find the range of values that the cost of operating a type Avessel can assume without changing the

optimal solution.

C) Find the range of values that the requirement for deluxecabins can assume.

D) Find the shadow price for the requirement for deluxecabins.

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