Ticket Pricing

[Peter Quill]

Hello Everyone, I am attempting to solve a problem using solver that I built to complement a scenario that my students encountered while using a platform called knowledge matters. The long and short of it is that the students were tasked with figuring out the ticket prices for six sections in a stadium to generate $575,000 in profit to pass the simulation. I am trying to figure out the optimal ticket pricing to maximize revenue instead of guessing and checking. The constraints that I have would be seating capacity with changing cells being the prices. The target cell is the total revenue. I have attached the sheet. Any assistance would be greatly appreciated.

Dynamic Ticket Pricing

 

[Isaac]

no attachment and most people wont' click external links

 

[GPGeorge]

Spoiler: etc

Hello Everyone, I am attempting to solve a problem using solver that I built to complement a scenario that my students encountered while using a platform called knowledge matters.

The long and short of it is that the students were tasked with figuring out the ticket prices for six sections in a stadium to generate $575,000 in profit to pass the simulation.

Spoiler: etc

I am trying to figure out the optimal ticket pricing to maximize revenue instead of guessing and checking. The constraints that I have would be seating capacity with changing cells being the prices. The target cell is the total revenue. I have attached the sheet. Any assistance would be greatly appreciated.

Dynamic Ticket Pricing

Is this a class assignment you need to complete for a grade? Or are there other students for whom you are working on a solution?

 

[Isaac]

mistake on my part, I liked both your posts to make up for it