...Forecasting Problem POM Software: For this part of the problem I need to use the POM software: 1. Forecasting. 2. I should select Module->Forecasting->File->New->Least Squares and multiple regression 3. Use the module to solve the Case Study (Southwestern University). this case study, I am are required to build a forecasting model. Assume a linear regression forecasting model and build a model for each of the five games (five models in total) by using the forecasting module of the POM software. 4. Answer the three discussion questions for the case study except the part requiring me to justify the forecasting technique, as linear regression would be used. Discussion Questions 1. Develop a forecasting model, justifying its selection over other techniques, and project attendance through 2007. 2. What revenues are to be expected in 2006 and 2007 3. Discuss the school's options. Case Study (Southwestern University) Southwestern University (SWU), a large state college in Stephenville, Texas, enrolls close to 20,000 students. The school is a dominant force in the small city, with more students during fall and spring than permanent residents. Always a football powerhouse, SWU is usually in the top 20 in College football rankings. Since the legendary Bo Pitterno was hired as its head coach in 1999 (in hopes of reaching the elusive number 1 ranking),attendance at the five Saturday home games each year increased. Prior to Pitterno's arrival, attendance...
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...CASE STUDY No. 1: FOOD AND BEVERAGES AT SOUTHWESTERN UNIVERSITY FOOTBALL GAMES GROUP 3: Bascos, Regina Domingo, Eina Gali, Geralyn Lirio, Pau Plaza, Mayet Tecson Carla I. CASE BACKGROUND Southwestern University (SWU) is a state college and long time football power house as one of the top 20. With its goal of reaching the no.1 ranking, in 2010 they hired the legendary Bo Pitterno as head coach. After just announcing the new coach’s arrival, from an average of 25,000-29,000 season tickets increased by 10,000. Despite the yearly increase in attendance, the no. 1 ranking remained elusive. Continuous growth in attendance then brought more challenges to the Southwestern University such as the need for bigger stadium and complaints on seating, parking, long lines and concession stand prices. Thus, the University President, Dr. Marty Starr concern was not only on the cost of expansion versus acquisition of new stadium but also on the ancillary services. He wanted all various support activities such as parking lots, game programs and food services to be handled as profit centers. Dr. Starr instructed the Stadium Manager, Hank Maddux during their recent meeting to develop a break-even chart and related data for each of the centers. Among the ancillary services, Dr. Starr wanted to have first the break even report for the Food Service area ready on their next meeting. Table 1 containing the estimated selling per unit and variable cost per...
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...Q1. Using at least two different tools, analyze the data and present your conclusions. Using the Pareto Chart, the number of times all items were graded with the lowest rating “F” was plotted. Based on this chart and on the 80-20 principle, the top 3 items namely Speed of service, Print Program, and Seating were causing the rest of the complaints on the rest of the items. Cumulative Frequency Speed of Service Printed Program Seating Entertainment Traffic Pricing Parking Prices Season Ticket Plans Selection of Foods Subtotal 0 182 182 100% 0 182 100% 76 30 25 19 15 10 5 2 Frequency 76 106 131 150 165 175 180 182 Percentage 42% 58% 72% 82% 91% 96% 99% 100% Q2. How could the survey have been more useful? Since the survey was supposed to address complains, it could have been more useful if the tools was designed to determine “failure” instead of grading items on a scale. Out of the 10 items, the management could focus on identified aspect with a failed rating and the surge of overwhelming data would be avoided. Q3. What is the next step? Following the Pareto principle, management should address the complaints on Speed of service, Printed Program, and Seating as they are causing 80% of the complaints. Reaction: A qualitative data collected backed up with quantitative tools is an effective way of addressing issues that affect quality. In order to avoid being overwhelmed, it is important to establish the goals first before setting out to gather data. There are three things...
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...Management Science Prof. Dennis Berino April 3, 2012 Case Study Southwestern University Traffic Problems Submitted by: Bullen, Nino Joseph Comandao, Isaac Donato, Anna Rica I. Background Southwestern University is experiencing an increased interest in its football program since it hired a big-name coach. As such, there have been increased sales in their season tickets. This increase in sales has also increased the traffic problem of the town which is also projected to get worst once the new stadium is build. To solve the problem, the Marty Starr the University’s president has asked the University Planning Committee to solve the problem. Based on the traffic projections that the University has made, it was concluded by Dr. Starr that the roads leading to the interstate highway from the stadium should have a sufficient capacity of 35,000 cars per hour. In order to solve the problem, the Planning Committee is looking at widening some of the current streets from the stadium to the interstate highway to increase its current capacity. II. Problem The main problem of the case is: How to maximize the traffic flow in order to accommodate 35,000 cars per hour from the stadium to the interstate highway? The sub-problems that needs to answered are: 1. What is the maximum number of cars that may actually travel from the stadium to the interstate per hour? Why is this number not equal to 33,000, as Dr. Lee suggested...
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...Manager Access Details Feedback Contact Us FAQ Logout http://www.iipmchennai.org/shop/db/docs/dloadables/studymat/qmpm/cas... Case Study - Exercises Food and Beverages at Southwestern University Football Games Southwestern University (SWU), a large state college in Stephenville, Texas, 30 miles southwest of the Dallas / Fort Worth metroplex, enrolls close to 20,000 students. The school is the dominant force in the small city, with more students during fall and spring than permanent residents. A longtime football powerhouse, SWU is a member of the Big Eleven conference and is usually in the top 20 in college football rankings. To bolster it chances of reaching the elusive and long-desired number-one ranking, in 1999 SWU hired the legendary Bo Pitterno as its head coach. Although the number one ranking remained out of reach, attendance at the five Saturday home games each year increased. Prior to Pitterno’s arrival, attendance generally averaged 25,000 – 29,000. Season ticket sales bumped up by 10,000 just with the announcement of the new coach’s arrival. Stephenville and SWU were ready to move to the big time! With the growth in attendance came more fame, the need for a bigger stadium, and more complaints about seating, parking, long lines, and concession stand prices. Southwestern University’s president, Dr. Marty Starr, was concerned not only about the cost of expanding the existing stadium versus building a new stadium, but also about the ancillary activities...
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...Food and Beverages at Southwestern University Football Games The total fixed cost per game includes salaries, rental fees, and cost of the workers in the six booths. These are: Salaries $20,000 Rental fees 2,400 $2 $4,800 Booth worker wages 6 6 5 $7 $1,260 Total fixed cost per game $20,000 $4,800 $1,260 $26,060 The cost of this allocated to each food item is shown in the table: Percent Allocated fixed Item revenue cost Soft drink 25% $6,515 Coffee 25% $6,515 Hot dogs 20% $5,212 Hamburgers 20% $5,212 Misc. snacks 10% $2,606 The break-even points for each of these items are found by computing the contribution to profit (profit margin) for each item and dividing this into the allocated fixed cost. These are shown in the next table: NUM="3"> Selling Var. Profit Percent Allocated Break even Item price cost margin revenue fixed cost volume Soft drink $1.50 $0.75 $0.75 25% 6515 8686.67 Coffee $2.00 $0.50 $1.50 25% 6515 4343.33 Hot dogs $2.00 $0.80 $1.20 20% 5212 4343.33 Hamburgers $2.50 $1.00 $1.50 20% 5212 3474.67 Misc. snacks $1.00 $0.40 $0.60 10% 2606 4343.33 To determine the total sales for each item that is required to break even, multiply the selling price by the break even volume. The results are shown: Selling Break even Dollar volume Item price volume of sales Soft drink $1.50 8686.67 $13,030.00 Coffee $2.00 4343.33 $8,686.67 Hot dogs $2.00 4343.33 ...
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...Southwestern University (SWU), a large state college in Stephenville, Texas, 30 miles southwest of the Dallas/Fort Worth metroplex, enrolls close to 20,000 students. In a typical town-gown relationship, the school is a dominant force in the small city, with more students during fall and spring than permanent residents. A longtime football powerhouse, SWU is a member of the Big Eleven conference and is usually in the top 20 in college football rankings. To bolster its chances of reaching the elusive and long-desired number-one ranking, in 2003, SWU hired the legendary Bo Pitterno as its head coach. One of Pitterno%u2019s demands on joining SWU had been a new stadium. With attendance increasing, SWU administrators began to face the issue head-on. After 6 months of study, much political arm wrestling, and some serious financial analysis, Dr. Joel Wisner, president of Southwestern University, had reached a decision to expand the capacity at its on-campus stadium. * This integrated study runs throughout the text. Other issues facing Southwestern%u2019s football expansion include (B) forecasting game attendance (Chapter 4); (C) quality of facilities (Chapter 6); (D) break-even analysis for food services (Supplement 7 Web site); (E) location of the new stadium (Chapter 8 Web site); (F) inventory planning of football programs (Chapter 12 Web site); and (G) scheduling of campus security officers/staff for game days (Chapter 13). Adding thousands of seats, including dozens of...
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...GSW POLICY STATEMENT ON NON-RESIDENT FEE WAIVERS FOR INTERNATIONAL STUDENTS To be eligible for these waivers, students must be full time undergraduate GSW students, have a minimum GPA of 2.50 at GSW, be active members in two or more official GSW student organizations, and be of legal immigration status. The waiver is not available for U.S. citizens, legal permanent residents, or international students who are studying at GSW as part of special programs. Waivers are given for one academic year, provided the students continue to meet the requirements. Students must reapply for the waivers each year. The waivers are limited to 8 semesters for each student. 1. Students must submit the following materials: • application, • two recommendation letters (continuing applicants do not have to submit these) • a personal essay (1-2 pages) outlining why they seek waivers and how they can bring a better understanding of the world to GSW (continuing applicants do not have to submit these) 2. Students who receive waivers are required to meet the following conditions throughout the academic year. Students are monitored to ensure that they are meeting the requirements consistently. • maintain status (12 or more credits in the fall and spring; 6 or more credits in the summer) throughout the semesters with a minimum overall GPA of 2.50 • meet service requirements including giving cultural presentations, participating in international campus events, and being an active member of...
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...The Southwestern Athletic Conference Accounting 317 Professor Slabiak Strayer University The Southwestern Athletic Conference The Southwestern Athletic Conference (SWAC) is authorized as a tax exempt organization (public charity) under §501(c)(3) of the IRS code. The IRS approved the exempt status because the conference is considered a qualified amateur sports organization. The code specifically states, “An organization will be a qualified amateur sports organization if it is organized and operated: 1. Exclusively to foster national or international amateur sports competition, and 2. Primarily to conduct national or international competition in sports or to support and develop amateur athletes for that competition.” (Internal Revenue Service, 2008) The SWAC is headquartered in Birmingham, Alabama and is member of the National Collegiate Athletic Association (NCAA). Membership is composed of the following ten member schools: Alabama A & M, Alabama State, Alcorn State, Mississippi Valley State, Jackson State, Arkansas-Pine Bluff, Grambling State, Southern (Louisiana), Prairie View A & M and Texas Southern. The schools are located in the regional area of Alabama, Mississippi, Louisiana, Texas and Arkansas which complies with IRS regulations, “The organization’s membership may be local or regional in nature” (Internal Revenue Service, 2008). According to the 2008 Form 990, the conference had revenues of $4,859,155 and expenses of $4,521,693. Revenues...
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...1. The ability for a doctor to communicate with their patients can calm their fears. People go to the doctor because they are afraid something is wrong and a good communicator can inform a patient that there is nothing to fear and it goes with the saying “he has a good bedside manner”. Physicians who communicate well are less likely to be sued for malpractice than poor communicators, says Dr. Greg Schneider, assistant professor of family practice and community medicine at UT Southwestern Medical School at Dallas(Good Bedside Manners Make a Difference, Internet Article, Megan Malugani). 2. What are the ramifications of teacher misbehaviors on education? Teachers are pivotal to student perceptions of learning (West, 1994). Some of the educational outcomes of teacher misbehavior are it demotivates the student from learning, it causes a higher negative effect toward course material and it also negatively effects the learning development of low achieving students. Reference: Causes and effects of teacher conflict-inducing attitudes towards pupils: a path analysis model, Florin A. Sava, 12 December 2001 3. Which management communication style would be most useful in the fast food industry? Why? The most effective communication style for the fast food industry to me would be Tell style because in a face paced industry like the fast food industry a manager should be making the decisions while the employee does the labor. I also think that the level of a fast food employee is...
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...students who meet the following requirements: 1. The student must be planning on transferring to a four-year school and majoring in STEM. STEM refers to, “science, technology, engineering, and mathematics that includes biological sciences (except medicine and other clinical fields); physical sciences (including physics, chemistry, astronomy, and materials science); mathematical sciences; computer and information sciences; geosciences; engineering; and technology areas associated with the preceding disciplines (for example, biotechnology, chemical technology, engineering technology, information technology, etc.),” according to NSF’s S-STEM solicitation. 2. The student must file a Free Application for Federal Student Aid (FAFSA) listing Southwestern Illinois College, (School code:001636) as a choice of school in the college release section. The student must be eligible for federal aid. 3. All recipients of this scholarship must be a resident of SWIC District 522 or East St. Louis at the time of application and during attendance at SWIC. 4. All recipients of this scholarship must be U. S. citizens, nationals (as defined in section 101(a) of the Immigration and Nationality Act), permanent resident aliens, or aliens admitted as refugees (as defined by section 207 of the Immigration and Nationality Act). 5. Score at least 24 on the ACT, or take SWIC’s placement tests and place at least into ENG101 and MATH97. A non-returnable copy of Official ACT scores must be provided, or...
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...Essay on Sam Houston Sources: Sam Houston and the American Southwest, Randolph B. Campbell and “Character and Success,” Theodore Roosevelt Definitions 1. character: having moral excellence and firmness 2. reputation: overall quality or character as seen and judged by people in general; holding a place in public esteem or regard Assignment: Write an essay in which the following question is answered: What role did character and reputation play in the life of Sam Houston, and how much or how little was Sam Houston was a person of character. Requirments: a. The introduction should establish a standard for your evaluation by describing what you believe are the primary qualities of character and reputation. The introduction should also include your thesis, that is your statement that answers the essay question. b. The body of the essay should present a discussion that focuses on your reasons for your thesis. Each reason should have be substantiated with evidence based on your reading of Sam Houston and the American Southwest by Randolph Campbell. Evidence is specific information from this source that provides support. c. The conclusion should summarize the main points in your evaluation, discuss the significance of Sam Houston in American history, and discuss lessons that can be learned from studying his life that are relevant to our own time. Criteria: 1. Typed, double-spaced, 12 pt. font, 1” to...
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...Caught Between Cultures Gloria Anzaldúa’s The Homeland, Aztlán / El Otro México, explores the political and social impact of creating borders between places and their residents. Through use of her unique and diverse writing style, Anzaldúa is able to capture the struggle faced by displaced Mexicans and their posterity. Not only is she able to accurately portray their hardships, but she is also able to alienate her white audience by using both English and Spanish. This is done in a way that provides some insight into the cultural barriers that Mexican-Americans encounter. Her use of historical context illuminates the injustice that these people were subject to, while her incorporation of firsthand experiences and family history give the reader a more personal view of the trials and tribulations of a typical Mexican family. The combination of these different writing techniques make the reader empathize with the Mexican people’s struggle, by providing a new perspective on the conflict between Mexico and the United States and its impact. Anzaldúa uses a substantial amount of background information and history to provide context for her audience. She begins by explaining that the oldest evidence of human existence in the United States, is from the ancestors of the Chicanos, who settled there in 35,000 B.C. (Anzaldúa 41). This initial piece of history is important because it shows that the ancestors of the Chicanos were the first inhabitants of the land that is now modern day...
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...career on the shelf and move to Phoenix, Arizona and try something new. Subsequently, within a few months of traveling around and exploring the Southwestern United States, I felt compelled to get back to doing what I loved, but in a different capacity. I met with the Program Director at Glendale Community College located in Glendale, Arizona and inquired about the possibility of becoming Adjunct Faculty for the Paramedic program as well as the Emergency Medical Technician Program which also included West-MEC students. To my pleasure, my application was accepted and I was hired into the Public Safety Department as Adjunct faculty. After a brief introduction and orientation to the college, I began to communicate with our Department Chair along with various program leaders to explore what I needed to accomplish to make teaching at the college level a fulltime career. After much internal debate with myself, I decided that if I was to reenter the world of academia as a student, I was not going to begin this new goal unless I was committed to the minimum of a Master’s Degree in Career and Technical Education (CTE)....
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...HUM 130 2/28/2012 1) Cather presents Professor St. Peter as ill-at-ease with modernity. Consider how the Professor’s anti-modernist inclinations overlap with those of others who played vital roles in the shaping of the U.S. Southwest, such as the Mugwumps or Cather, herself. Specifically, you might consider how in a novel set largely in the Midwest, Tom Outland comes to personify elements of the romanticized Southwest, for the Professor, for other Midwesterners, and for the novel’s readers. The Professor has the same views as many of the people who shaped the south west especially the views of Cather. Cather and the Professor are not big fans of the changing ways in America, the economic drive in every industry made them upset. They both believed that the old world way of life was better and simpler, more pure in a sense than the new industrial very money motivated new world. Cather and the Professor are pretty much the same person, they both grew up in a more rural area, had older homes simpler lives. Then they both become very successful, they have means in which to do what they want which is ironic because they shun people trying to make a name for themselves and generate wealth. The Professor and Cather both have many similarities with the Mugwumps, again they are all against the "new money" Industrialists. They all also believe that the Southwest was a way to escape the industrial east. The problem that occurred with the Mugwumps and indeed with Cather is when...
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