← All challenges

Rental Boats

September 2024

optimization

Floataway Tours has $420,000 to purchase new rental boats for the summer, from two manufacturers. Floataway wants to purchase at least 50 boats total, wants to purchase the same number from each manufacturer (to maintain goodwill), and wants a total seating capacity of at least 200. Data about the available boats:

BoatManufacturerCostSeating capacityExpected daily profit
SpeedhawkSleekboat$6,0003$70
SilverbirdSleekboat$7,0005$80
CatmanRacer$5,0002$50
ClassyRacer$9,0006$110

Create a decision model that helps Floataway purchase boats while satisfying the above requirements and maximizing profit.

Send your solutions to DecisionManagementCommunity@gmail.com, or open a pull request to add yours here.

Solutions