U.S. Hotel Occupancy Rate Case Study Assignment
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
U.S. Hotel Occupancy Rate Case Study Assignment
Airlines Load Factor Load factor for a single flight is calculated by dividing the number of (fare paying) passengers by the number of seats (available for sale). Load factor for an airline represents the proportion of airline output that is actually consumed. To calculate this figure, divide Revenue Passenger Miles (RPMs) by Available Seat Miles (ASMs). The higher the load factor, the more an airline can spread its fixed costs amongst passengers.
Worldwide Passenger Airlines Load Factor
Managing Demand Demand forecasting is the process using
historical sales or other data to estimate customer demand. It’s an estimate of the amount of goods and services that customers will purchase in the specific time period.
Methods: Use historical data (time series) Use external factors (regression) Use expert opinions Use machine learning/AI
Demand management: Adjust price Adjust arrival (reservation/appointment/queuing)
Managing Demand
Queueing Customers oftentimes are asked to be in queue, or
waiting line, before they get the service. Too many agents/cashiers at any given time means that
you are wasting money for your employees to do nothing. Too few, you may agitate customers who either leave or wait for a long time to get service.
Service provider has to determine what level of service they provide at how much cost (i.e. what is the expected wait time, how many customers can they handle in a day/hour, etc.)
Many service providers use an appointment system to help handle customer arrivals so they can schedule services accordingly. (i.e. doctor’s office, DMV)
Queueing Solutions (I)
Mathematical: Arrival: customer
arrival rate and pattern
Queue: single line or multiple, single phase or multiple, first-come first-serve or priority/triage, single or batch
Service: service rate and number of servers
Queueing Solutions (II)
Psychological: Keep them occupied Get them started Explain why Give time estimate Be fair Arrange group wait Make the wait more
valuable
Optimal Waiting Line Cost Cashiers are on your payroll; customers are not!
Discussion Questions Please answer the following questions with reference to class and provide evidence to support your answers. Everyone: What factors do you take into account when building an N95 plant in mid-2020? Be methodical. Everyone: In your current or previous position, how is capacity managed? How can it be improved? Everyone: Describe a good waiting line management from your own personal experience. How can it be even better (definition first)? Everyone: Which plane boarding method do you think is the best and why? What can you do to speed it up?
Group Discussion Be sure your group is ready to lead and/or discuss the following question in class, with research or facts-based evidence. Learn how California DMV manages demand and queueing. Critique their management, using what we have discussed so far in class. Propose a better (define how you would measure “better”) way as if you were the head of DMV.
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). 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APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. 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The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
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