Question: 1) Which attribute does the conjoint analysis indicate is most important in the overall purchase decision? 2) What does the conjoint analysis suggest regarding the
1) Which attribute does the conjoint analysis indicate is most important in the overall purchase decision? 2) What does the conjoint analysis suggest regarding the size of ticket packages? Evaluate alternatives. 3) What would the most attractive multi-game package include? Create the best value while abiding by the restrictions listed on the case study. 4) Create utilities for location and price combinations considering restrictions listed on the case study (200-level seats cannot be less than $60, 300-midcourt seats cannot be less than $35). a) Based on the results, which location & price combination is the best alternative to raise prices? Which location & price combination is the best alternative to lower prices? b) How much could administration raise 300 mid-level seat prices to give them the same level of attractiveness as the next best alternative? Should they raise the prices to the calculated level? Please explain.
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