This is the program for the 2010 Joint Statistical Meetings in Vancouver, British Columbia.
Abstract Details
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Activity Number:
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671
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Type:
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Contributed
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Date/Time:
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Thursday, August 5, 2010 : 10:30 AM to 12:20 PM
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Sponsor:
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Section on Statistics in Sports
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| Abstract - #307241 |
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Title:
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Simulation for Golf Resort Overbooking
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Author(s):
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Melvin Ott*+
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Companies:
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Melvin Ott & Associates
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Address:
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2613 East Nicklaus Avenue, Spokane, WA, 99223-9520,
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Keywords:
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sports ;
simulation ;
modeling ;
overbooking
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Abstract:
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The airlines have used overbooking simulation modeling for years. Overbooking is an offset to the no show rate. If 10% of the scheduled foursomes fail to show, then a 10% overbooking would compensate. However, the no show rate is a random event. Hence, the simulation modeling is also a random event designed to replicate what can happen if certain scheduling features are modified. Fore 4.1 compares the average wait per golfer for several scheduling frequency options. If the average wait changes very little from hourly overbooking (or some other choice) compared to no overbooking, and the number of golfers scheduled increases, then the revenue per day is increased. Fore 4.1 will also allow for modeling the impact of not allowing slow golfers in the 6-8AM time slot, not allowing slow golfers in the 6-10AM time slot, or alternatively allowing slow groups at the popular 9AM time slot.
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The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.
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