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    ESMR For Different Type of Class Protection Level: (Please Refer To Answer Sheet of Excel For Detailed Calculation)

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    DEEPANSHU SINGH
    The document provides fare class data for a hotel with 100 rooms, including fare prices and projected demand distributions. It asks to determine the booking limit and protection level for each fare class using the Expected Marginal Seat Revenue (EMSR) method. The EMSR calculation results in a protection level of 23 for class Y, 41 for class B, 67 for class M, and 0 for class Q. The corresponding booking limits are 100 for Y, 77 for B, 59 for M, and 33 for Q.

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    ESMR For Different Type of Class Protection Level: (Please Refer To Answer Sheet of Excel For Detailed Calculation)

    Uploaded by

    DEEPANSHU SINGH
    114 views1 page
    The document provides fare class data for a hotel with 100 rooms, including fare prices and projected demand distributions. It asks to determine the booking limit and protection level for each fare class using the Expected Marginal Seat Revenue (EMSR) method. The EMSR calculation results in a protection level of 23 for class Y, 41 for class B, 67 for class M, and 0 for class Q. The corresponding booking limits are 100 for Y, 77 for B, 59 for M, and 33 for Q.

    Original Description:

    Booking limit & Protection level

    Original Title

    Group14_RPA_assignment_3

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    The document provides fare class data for a hotel with 100 rooms, including fare prices and projected demand distributions. It asks to determine the booking limit and protection level for each fare class using the Expected Marginal Seat Revenue (EMSR) method. The EMSR calculation results in a protection level of 23 for class Y, 41 for class B, 67 for class M, and 0 for class Q. The corresponding booking limits are 100 for Y, 77 for B, 59 for M, and 33 for Q.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    114 views1 page

    ESMR For Different Type of Class Protection Level: (Please Refer To Answer Sheet of Excel For Detailed Calculation)

    Uploaded by

    DEEPANSHU SINGH
    The document provides fare class data for a hotel with 100 rooms, including fare prices and projected demand distributions. It asks to determine the booking limit and protection level for each fare class using the Expected Marginal Seat Revenue (EMSR) method. The EMSR calculation results in a protection level of 23 for class Y, 41 for class B, 67 for class M, and 0 for class Q. The corresponding booking limits are 100 for Y, 77 for B, 59 for M, and 33 for Q.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Suppose that a hotel, with 100 rooms, uses 4 fare classes Y, B, Q & M to segment guests.

    The fares
    and projected (unconstrained) demands for a specific night are as given below. You can assume that
    the demand is normally distributed.

    Q1) Determine the booking limit and protection level for each fare class using the EMSR method.

    The data which was provided is given below in tabular format.

    Fare Class Fare (in $) Mean Standard Deviation

    Y 310 26 2
    B 270 17 2
    M 220 25 2
    Q 160 33 2

    Answer:
    Total number of seats in the aircraft is 100
    Fare Far Agg Booking
    Mean Standard deviation wt. Avg fare Agg sigma Allocations
    Class e mean limit
    Y 310 26 2       23 100
    B 270 17 2 294.1860465 43 2.82842712 41 77
    M 220 25 2 266.9117647 68 3.46410162 67 59
    Q 160 33 2         33

    *(Please refer to answer sheet of excel for detailed calculation)

    ESMR for different type of class Protection


    level
    EMSRb Protection level of Class 23
    Y
    EMSRb Protection level of Class 41
    B
    EMSRb Protection level of Class 67
    M
    EMSRb Protection level of Class 0
    Q
    ESMR for different type of class Booking limit
    EMSRb Protection level of Class 100
    Y (100-0)
    EMSRb Protection level of Class 77
    B (100-23)
    EMSRb Protection level of Class 59
    M (100-41)
    EMSRb Protection level of Class 33
    Q (100-67)

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