Reference no: EM133047074 , Length: word count:2800

HOTO7018 Revenue Management and Pricing - Oxford Brookes University

Rate department for revenue management

HOTS Simulation Competition Review

PART 1 PLANNING DECISIONS

January
Explain item by item why the numbers are set as such in the Screenshot

February
Explain item by item why the numbers are set as such in the Screenshot

March
Explain item by item why the numbers are set as such in the Screenshot

December
Explain item by item why the numbers are set as such in the Screenshot

Note:
(1) You can present decisions for each month (as shown in this template). Alternatively, you can group the months based on the demand patterns you found in year 0.
(2) You can show decisions in the screenshot format (as shown in this template). Alternatively, you can make your own tables but all decisions have to be included in them. You can also put 12 months' data in one table, if this is feasible to your department.
 
PART 2 CHANGES TO THE PLANNED DECISIONS

Incidence 1[write clearly the FIRST chosen month]
Evaluate the performance of the previous Month[Use relevant performance indicators to evaluate, and conclude clearly what were the problems in the performance.]

Amended Decisions[How did you change the planned decisions of the chosen month (as you put down in Part 1), in response to the performance evaluation as above. You need to sate clearly what decisions were changed and what were the revised numbers. The amended decisions should be in line with performance evaluation above.]]

Evaluate the performance of the current Month (ie. the chosen month)[Use relevant performance indicators to evaluate]

Incidence 2[write clearly the SECOND chosen month]

Incidence 3[write clearly the THIRD chosen month]

Attachment:- Revenue Management and Pricing.rar