Please use this identifier to cite or link to this item:
Title: Profit maximization in hotel planning
Authors: Mathur, Krishan 
McGeorge, W.D.
Issue Date: 1989
Citation: Mathur, Krishan,McGeorge, W.D. (1989). Profit maximization in hotel planning. AACE International. Transactions of the Annual Meeting : M.5.1-M.5.6. ScholarBank@NUS Repository.
Abstract: This paper suggests the use of operations research (OK) techniques such as linear programming (LP) as a useful adjunct to the conventional approach of profit maximization. LP allows a decision maker to consider a complex set of conditions in a systematic and structured manner. A given set of constraints, variables and objective function will always produce a result which is the product of the user's assumptions and not the product of the linear programming technique. As far as decision making is concerned, LP is a means of organising thought, not avoiding it. Given the complexity of decisions confronting the hotel planner, LP should prove to be a useful tool.
Source Title: AACE International. Transactions of the Annual Meeting
ISSN: 00657158
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

Page view(s)

checked on Feb 2, 2019

Google ScholarTM


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.