Use the data set shown below to answer the following question(s). The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,which of the following are defined as the forecast cells to run a simulation?
A)Customer demand and Reservation limit
B)Overbooked customers and Net revenue
C)Reservations made and Cancellations
D)Customer arrivals and Seats available

Question

Use the data set shown below to answer the following question(s).  The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,which of the following are defined as the forecast cells to run a simulation?
A)Customer demand and Reservation limit 
B)Overbooked customers and Net revenue 
C)Reservations made and Cancellations 
D)Customer arrivals and Seats available

Quizplus · Accepted Answer

The Answer of Use the data set shown below to answer the following question(s).  The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,which of the following are defined as the forecast cells to run a simulation?
A)Customer demand and Reservation limit 
B)Overbooked customers and Net revenue 
C)Reservations made and Cancellations 
D)Customer arrivals and Seats available

Use the Data Set Shown Below to Answer the Following