10-7 - ### Walk-up ticket price = $50 Walk-up accepted ###...

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Calculations set to Manual. Run model using Crystal Ball to recalculate simulation values. Judith's reservation limit 14 Van's passenger capacity = 10 Reservations requested 10 Minimum reservation request = 7 Reservations accepted 10 Maximum reservation request = 14 Number show up ### Probability person shows up 0.80 Number overbook ### Reservation deposit amount = $10 Seats remaining ### Balance of ticket price = $25 Number walk-up
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Unformatted text preview: ### Walk-up ticket price = $50 Walk-up accepted ### Cost per overbooked person = $75 Total seats occupied ### Fixed cost per trip = $100 Revenue ### Cost ### Walk-up Distribution Profit ### Number Probability Occupancy rate ### 0.30 1 0.45 2 0.25 Judith's Limousine Service (Using Crystal Ball ) R10 Page 2 10 R11 Page 3 11 R12 Page 4 12 R13 Page 5 13 R14 Page 6 14...
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This note was uploaded on 12/10/2011 for the course INSY 4508 taught by Professor Graham during the Spring '10 term at Bentley.

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10-7 - ### Walk-up ticket price = $50 Walk-up accepted ###...

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