Busi. 410 Crystal Ball 2B

Busi. 410 Crystal Ball 2B - 65 Full Fare Demand (rounded):...

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Yield Management (A) INPUTS Airplane Capacity: 125 Full Fare Ficket Price: $175 Discount Fare Ticket Price: $100 (Random) Full Fare Demand: 50 Normal with mean 40 an (Random) Discount Demand: 90 Normal with mean 80 an Cost Per Overbooked Passenger: 300 DECISIONS Full Fare Seats Set Aside: 60 Reservations Accepted: 150 CALCULATIONS Discount Fare Seats Available:
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Unformatted text preview: 65 Full Fare Demand (rounded): 50 Discount Fare Demand (rounded): 90 Discount Seats Sold: 65 Full Fare Seats Sold: 50 Full Fare No Shows: 2 Discount Fare No Shows 1 Full Fare Revenue: $8,400 Discount Fare Revenue: $6,500 Overbooking Costs $0 PERFORMANCE MEASURES Total Revenue: $14,900 nd std. dev. 10 nd std. dev. 15...
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Busi. 410 Crystal Ball 2B - 65 Full Fare Demand (rounded):...

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