simulation hints. goal of the simulation to be the team with the highest liquidated value

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Simulation Hints

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Page 1: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Simulation Hints

Page 2: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Goal of the Simulation

• To be the team with the highest liquidated value

Page 3: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Staffing

• Hiring managers and analysts.

Page 4: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Buying Aircraft

• How many to buy? What size?• Need one maintenance per engine type

(General Electric/Rolls-Royce)• Need separate staff for each plane type

(Regional/Boeing)

Page 5: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Configuring Aircraft

• Do you want to carry passengers or cargo?• Need seats to fly passengers

Page 6: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Maintenance Bases

• Should the location of a maintenance base depend on the Flight Chart?

• A and B checks are in the weekly schedule• C and D checks only when needed

Page 7: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Scheduling

• Hub and Spoke vs Point to Point • Advantages for short vs long routes• Have to visit maintenance base at least twice a

week for A and B checks• Flight Charts- Do you service an airport that

not many other airlines can?

Page 8: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Airports

• Buy terminal only if airport will be too busy• Need Cargo Handling Center at every airport

you will be handling cargo• Only need one office overall. Large enough to

fit staff.

Page 9: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Configuration

• How many seats to put into First, Business, Economy?

• What pitch is (linked to customer satisfaction)

Page 10: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Advertising

• Zero advertising = Zero business• Travel agent commission• There is a point where adding money will only

add minor advantages over competitors

Page 11: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Advertising

• How effective each type is

Page 12: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Pricing

• Competitive but not so low you lose money• Could fly a route that loses money to get to a

route that makes money

Page 13: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Pricing

• Airfares Tab lets you know average pricing on all routes (you can compare to competitors)

Page 14: Simulation Hints. Goal of the Simulation To be the team with the highest liquidated value

Any Questions?