COIT13232 Business Analysis Project- Uncertainty In The Forecast
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COIT13232 Business Analysis Project
Task
| Japanese Passenger Demand | 20,000 | 20,000 | 20,000 |
| Japanese Avg Ticket Price | 600 | 750 | 500 |
| Japanese Yen/Euro Rate* | 100 | 80 | 120 |
| Japanese Booking Window | Two months before departure | Two months before departure | Two months before departure |
| German Passenger Demand | 10,000 | 9,000 | 8000 |
| German Avg Ticket Price | 400 | 450 | 500 |
| German Booking Window | Three months before departure | Three months before departure | Three months before departure |
| Finnish Passenger Demand | 20,000 | 20,000 | 20,000 |
| Finnish Avg Ticket Price | 450 | 500 | 550 |
| Finnish Booking Window | One month before departure | One month before departure | One month before departure |
| Total seats available | 30,000 | 33,000 | 35,000 |
| Optimal Japanese passengers | |||
| Optimal German passengers | |||
| Optimal Finnish passengers | |||
| Optimal Revenue |
What is optimal passenger and revenue
1. How did you approach this problem? List your assumptions
2. If there was high uncertainty in the forecast, would you change your opinion?
3. What other information would you have liked to have?
COIT13232 Business Analysis Project
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