BUS 660 Grand Canyon Week 8 Assignment

BUS 660 Grand Canyon Week 8 Assignment in $15 Only (Instant Download)

BUS 660 Grand Canyon Week 8 Assignment – Simulation Case Study – Phoenix Boutique Hotel Group
Simulation Case Study: Phoenix Boutique Hotel Group

Free Sample Answer Given Below.

Details:

Review “Simulation Case Study: Phoenix Boutique Hotel Group” for this topic’s case study, in which you provide guidance to Phoenix Boutique Hotel Group (PBHG) founder Bree Bristowe.

In addition to creating a simulation model, prepare a 500-750-word recommendation for Bristowe’s best course of action. Explain your model and the rationale for your recommendations.

Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (i.e., if a formula was used to calculate the entry in that cell). Students are highly encouraged to use the “Simulation Case Study: Phoenix Boutique Hotel Group Template” Excel resource to complete this assignment.

Mac users can use StatPlus: mac LE, free of charge, from AnalystSoft.

Prepare the assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.

Sample Answer:

……..From the simulation results, adding more service providers will be logical and profitable in ensuring all the customers are attended to on time. Introducing a multi-server system will ensure that once a customer finds the server occupied, they can opt to go to a different server this will reduce the queue thus reducing the waiting time hence efficiency in the provision of service in the business. However, before implementation, the use of Monte Carlo simulation will be highly recommended for the decision making since it will be easy to assess the risk that will be associated in hiring more workers. In addition, it will be easy to track the potential output that is associated with the new method that has been implemented this will create and give additional strategies for PBGH in managing their time and the quality of service they provide to their customers.

In addition, the output will increase as a result of an analysis using the simulation technique the associated profitability in cutting on the time spent on their customers. By…….

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