Titanic Cruise Company plans on releasing it’s new “Superliner” cruise ship in time for the peak Spring cruise season. The Superliner is the largest and most expensive cruise ship ever built. The ship will be longer than 4 football fields. The ship has amenities that were never possible before on a commercial cruise ship. Features include rock climbing walls, skydiving simulators, an open air “atrium” version of Central Park, and nearly two dozen specialty restaurants. Sinbad the Sailor, the President and CEO of Titanic, wants to figure out which itinerary for the ship’s 17 day maiden voyage will be most profitable. He began by selecting a list of ports for the ship’s maiden voyage. He then projected 358,000 dollars daily onboard revenue for each port based on the maximum passenger capacity. In addition, he projected daily shore excursion revenue for different ports. Finally, he projected all of the daily expenses for each port including docking fees, local taxes, fuel costs, labor costs, and supplies and raw materials. Sinbad must consider two basic constraints when planning the itinerary. First, the ship must stay at least one day at each of the “target” ports listed because partial-day scheduling is not feasible. Second, the ship cannot spend more than 3 days in any individual target port because maritime regulations and individual port guidelines prevent longer stays. Use the information provided in the next table and help Sinbad find the most profitable itinerary for the ship’s maiden voyage. Port Daily Shore Excursion Revenue Daily Docking Fees Daily Local Taxes Daily Fuel Costs Daily Labor Costs Daily Supplies and materials Aruba $25,897 $14,258 $1,189 $1,237 $98,230 $76,390 Bahamas $41,777 $45,221 $635 $1,587 $107,250 $85,250 Barbados $35,789 $86,254 $526 $1,897 $102,370 $68,730 Jamaica $37,899 $52,899 $428 $2,750 $96,320 $88,220 Miami $25,894 $72,899 $1,199 $1,674 $102,390 $74,380 San Juan $42,879 $88,524 $458 $2,584 $106,450 $73,470 St Croix $32,874 $12,455 $850 $4,125 $104,350 $89,230 St Martin $24,897 $72,158 $254 $1,528 $102,890 $82,760 St Thomas $28,597 $62,548 $1,026 $1,458 $109,370 $78,390 St. John $38,974 $12,685 $899 $1,426 $93,480 $92,650

Titanic Cruise Company plans on releasing it’s new “Superliner” cruise ship in time for the peak Spring cruise season. The Superliner is the largest and most expensive cruise ship ever built. The ship will be longer than 4 football fields. The ship has amenities that were never possible before on a commercial cruise ship. Features include rock climbing walls, skydiving simulators, an open air “atrium” version of Central Park, and nearly two dozen specialty restaurants. Sinbad the Sailor, the President and CEO of Titanic, wants to figure out which itinerary for the ship’s 17 day maiden voyage will be most profitable. He began by selecting a list of ports for the ship’s maiden voyage. He then projected 358,000 dollars daily onboard revenue for each port based on the maximum passenger capacity. In addition, he projected daily shore excursion revenue for different ports. Finally, he projected all of the daily expenses for each port including docking fees, local taxes, fuel costs, labor costs, and supplies and raw materials. Sinbad must consider two basic constraints when planning the itinerary. First, the ship must stay at least one day at each of the “target” ports listed because partial-day scheduling is not feasible. Second, the ship cannot spend more than 3 days in any individual target port because maritime regulations and individual port guidelines prevent longer stays. Use the information provided in the next table and help Sinbad find the most profitable itinerary for the ship’s maiden voyage. Port Daily Shore Excursion Revenue Daily Docking Fees Daily Local Taxes Daily Fuel Costs Daily Labor Costs Daily Supplies and materials Aruba $25,897 $14,258 $1,189 $1,237 $98,230 $76,390 Bahamas $41,777 $45,221 $635 $1,587 $107,250 $85,250 Barbados $35,789 $86,254 $526 $1,897 $102,370 $68,730 Jamaica $37,899 $52,899 $428 $2,750 $96,320 $88,220 Miami $25,894 $72,899 $1,199 $1,674 $102,390 $74,380 San Juan $42,879 $88,524 $458 $2,584 $106,450 $73,470 St Croix $32,874 $12,455 $850 $4,125 $104,350 $89,230 St Martin $24,897 $72,158 $254 $1,528 $102,890 $82,760 St Thomas $28,597 $62,548 $1,026 $1,458 $109,370 $78,390 St. John $38,974 $12,685 $899 $1,426 $93,480 $92,650

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Port	Daily Shore Excursion Revenue	Daily Docking Fees	Daily Local Taxes	Daily Fuel Costs	Daily Labor Costs	Daily Supplies and materials
Aruba	$25,897	$14,258	$1,189	$1,237	$98,230	$76,390
Bahamas	$41,777	$45,221	$635	$1,587	$107,250	$85,250
Barbados	$35,789	$86,254	$526	$1,897	$102,370	$68,730
Jamaica	$37,899	$52,899	$428	$2,750	$96,320	$88,220
Miami	$25,894	$72,899	$1,199	$1,674	$102,390	$74,380
San Juan	$42,879	$88,524	$458	$2,584	$106,450	$73,470
St Croix	$32,874	$12,455	$850	$4,125	$104,350	$89,230
St Martin	$24,897	$72,158	$254	$1,528	$102,890	$82,760
St Thomas	$28,597	$62,548	$1,026	$1,458	$109,370	$78,390
St. John	$38,974	$12,685	$899	$1,426	$93,480	$92,650