Hi
Im new to solver but have it working, though Im confuse that it is giving the wrong result. On the below I have asked it to calculate min amount of tickets to be sold, as you can see why isn't it suggesting all the highest price tickets to be sold thus reducing total sales needed?
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<col width="71" style="width: 53pt; mso-width-source: userset; mso-width-alt: 3029;">
<col width="38" style="width: 29pt; mso-width-source: userset; mso-width-alt: 1621;">
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Im new to solver but have it working, though Im confuse that it is giving the wrong result. On the below I have asked it to calculate min amount of tickets to be sold, as you can see why isn't it suggesting all the highest price tickets to be sold thus reducing total sales needed?
Ticketing Assumptions | ||||||||
Capacity Constraint | 1000 | |||||||
Ticket Sales | Type | Constraint | Sales | Constraint | Potential | |||
% | Price | Gross | Net | |||||
Earlybird | 20% | 200 | £8.00 | £1,600 | £1,333 | |||
1st Release | 30% | 300 | £12.00 | £3,600 | £3,000 | |||
2nd Release | 30% | 300 | £14.00 | £4,200 | £3,500 | |||
Door | 20% | 200 | £15.00 | £3,000 | £2,500 | |||
100% | 1000 | Total | £12,400 | £10,333 | ||||
GOAL 1 | BREAK EVEN ON TICKET SALES ONLY | £5,227 | ||||||
GOAL 2 | BREAK EVEN ON EVENT | |||||||
AVAIL TO SELL | NET | TO SELL | LEFT | GROSS | NET | |||
Earlybird | 200 | £1,333 | 81 | 119 | £644 | £537 | ||
1st Release | 300 | £3,000 | 121 | 179 | £1,450 | £1,208 | ||
2nd Release | 300 | £3,500 | 141 | 159 | £1,973 | £1,644 | ||
Door | 200 | £2,500 | 151 | 49 | £2,265 | £1,888 | ||
TOTAL NET | £10,333 | 493 | ||||||
£5,277 |