1) Holiday Inn hires you to examine three hotel locations that can each use some updating. They have $4 million available for the updates. The future revenue projected for each hotel is tied to how much renovation is done, according to the following table: Renovation Amount Future Revenue (in millions) (in millions) $0 $1 $2 $3 Hotel A Hotel B Hotel C $4 $7 $8 $9 $11 $3 $6 $10 $12 $14 $8 $13 $15 $4 Use dynamic programming to determine how to best allocate the $4 million in renovations between the three hotels (assume you can only use $1 million increments).

Database Systems: Design, Implementation, & Management
12th Edition
ISBN:9781305627482
Author:Carlos Coronel, Steven Morris
Publisher:Carlos Coronel, Steven Morris
Chapter8: Advanced Sql
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Problem 69C: Update the DETAILRENTAL table to set the values in DETAIL_RETURNDATE to include a time component....
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1) Holiday Inn hires you to examine three hotel locations that can each use some updating. They have
$4 million available for the updates. The future revenue projected for each hotel is tied to how
much renovation is done, according to the following table:
Renovation Amount
Future Revenue (in millions)
(in millions)
$0
$1
$2
$3
Hotel A
Hotel B
Hotel C
$4
$7
$8
$9
$3
$6
$10
$12
$14
$3
$7
$8
$13
$4
$11
$15
Use dynamic programming to determine how to best allocate the $4 million in renovations between
the three hotels (assume you can only use $1 million increments).
Transcribed Image Text:1) Holiday Inn hires you to examine three hotel locations that can each use some updating. They have $4 million available for the updates. The future revenue projected for each hotel is tied to how much renovation is done, according to the following table: Renovation Amount Future Revenue (in millions) (in millions) $0 $1 $2 $3 Hotel A Hotel B Hotel C $4 $7 $8 $9 $3 $6 $10 $12 $14 $3 $7 $8 $13 $4 $11 $15 Use dynamic programming to determine how to best allocate the $4 million in renovations between the three hotels (assume you can only use $1 million increments).
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