Charles River Jazz Festival must decide click the CD-ROM (CD) jazz performance Friday for sale on Saturday and Sunday. The idea then the CD is new, so there is considerable uncertainty about how customers will be receptive. The festival is to decide then CD only on Friday or pay for the opportunity to press them on Friday and Saturday. Modeling is carried out by assessing the weekend CD demand. One sign of regression modeling on Saturday and Sunday to Friday attendance attendance and weather conditions of the weekend. The case illustrates how the various quantitative methods - decision analysis, regression, and modeling - can be integrated into the analysis of management decision problems. Provides practice in decision analysis;. Illustrates the use of simulation and regression to estimate the probability of getting "Hide
by George Wu Source: Harvard Business School 7 pages. Publication Date: October 29, 1992. Prod. #: 893004-PDF-ENG
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