University Of Wyoming Men’s Basketball Team Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

University Of Wyoming Men’s Basketball Team Case Study Solution

A Random Win Percentage:

The revenue generation process has been determined by using a simulation model for different seasons. In the years 2006 and 2007, the winning percentages of the team were 0.619, for the years 2007 and 2008 it was 0.4, for the years 2008 and 2009 it was 0.643 and between the years 2009 and 2010, the winning percentage was 0.323.

In addition to this, the variables have also been used in the simulation model to identify that in case of increasing the winning percentage; there is a likelihood that the revenue would also be increasing. Also, in the case of decreasing the winning percentage; the total revenue would be adversely affected. Likely to the previous analysis; the revenue is calculated by applying the simulation model, the revenue for eight conferences and non –conference games are calculated by multiplying price $12 with the 16 games season and the number of tickets sold, the revenue is $100893.343.

In order to forecast the upcoming events or the spending that must be performed under limited time, different models would help in creating unique results, given the selected variables or the contributions to be presented. In this manner, the UW Men's Basketball Team was concentrating on projected incomes, which would permit them to deal with the costs and additionally use the financial plan appropriately. In order to do so, the utilization of linear regression and simulation model would allow predicting the average incomes that would be generated through the different amount of tickets sold.

In any case, the outcomes from the two models clearly show that the tickets are fluctuating due to the changing patterns in incomes due to the business operations. Along these lines, it is also prescribed that UW group should concentrate more on the anticipated profits by adding the number of tickets through individual diversion competitions, which would allow expanding the winning rate later on because of the way that more practice would build the abilities to achieve the desired quantity of revenues consistently.

If this point would be executed properly, then the group would manage more finances to use the home-based regular matches so as to expand the income limits in light of the fact that the seasonal ticket is costly enough and that more people become interested since it is considered as the main event...................................

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