Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18...
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Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer. Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer. Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer. Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer. Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer. Sandy Miley owns Fox Meadows golf club. The current greens fees for playing one round (18 holes) of golf on her course is $75.00 per player. To increase sales, Sandy partners with six different area hotels that have created golf packages marketed to their own customers. Each hotel pays Sandy a different amount for the rounds of golf included in their package. Sandy wants to calculate a net round yield for each hotel using the formula: Where: New Round Fee Standard Fee = Net Round Yield Standard Fee (-) Distribution Costs Distribution Costs = Net Round Fee Fox Meadows Weekly Sales Recap: Net Round Fee $69.00 Source Comfort Suites Hampton Inn Hilton Garden Springhill Sheraton Hyatt Place Total Standard Fee $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $67.00 $65.00 $61.00 $60.00 $59.00 Dist. Costs Net Round Yield Rounds Sold 40 30 30 20 40 20 180 Net Revenue A. Calculate Sandy's "distribution cost" for each channel. B. Calculate Sandy's "net round yield" for each channel. C. Calculate Sandy's “net revenue" for each channel. D. Calculate the overall average “net round fee” for the 180 rounds of golf Sandy received during the week from these six channels. E. Which channel(s) do you believe are Sandy's best partners? Explain your answer.
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Business and Administrative Communication
ISBN: 978-0073403182
10th edition
Authors: Kitty o. locker, Donna s. kienzler
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