{"id":227152,"date":"2018-09-17T08:20:41","date_gmt":"2018-09-17T08:20:41","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/17\/mgmt-530-week-3-case-analysis-conference-decision-case-part-2\/"},"modified":"2018-10-24T08:35:14","modified_gmt":"2018-10-24T08:35:14","slug":"mgmt-530-week-3-case-analysis-conference-decision-case-part-2","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/mgmt-530-week-3-case-analysis-conference-decision-case-part-2\/","title":{"rendered":"MGMT 530 Week 3 Case Analysis Conference Decision Case, Part 2"},"content":{"rendered":"<p>Date:\u00a0September 15, 2005\tTwo weeks after New Orleans was devastated by Hurricane Katrina, you made the decision to postpone the conference and select a different city to hold the conference. Based on your initial objectives and a survey you took of the registered attendees, you created the following consequence table based on the information available.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tALTERNATIVES\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCancel conference for this year&#8221;\ufffdschedule for next year\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tKeep in New Orleans, but schedule for a later date (when the hotels re-open)\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tKeep same dates, but move to another city\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMove to another city and schedule for a later date\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\tO\t\t\t\t\tB\t\t\t\t\tJ\t\t\t\t\tE\t\t\t\t\tC\t\t\t\t\tT\t\t\t\t\tI\t\t\t\t\tV\t\t\t\t\tE\t\t\t\t\tS\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\tMaximize attendance\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tSenior management stated that cancelling is not an option.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tUncertainty on when New Orleans will be back in business is too far off.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tCost and logistics of finding a new location and getting attendees to change flights with such short notice is cost prohibitive.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMeets objective.\t\t\t\t\tIn a survey of attendees, they would be willing to look at a new date in October and were most interested in Las Vegas, Chicago, or New York as alternative sites.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\tKeep conference costs at current level\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tRefunding registration fees would cause a loss for conference.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tBecause of uncertainty with city, the registration fees would need to be refunded.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDoes not meet objective.\t\t\t\t\tConference would lose money and incur additional costs for last minute scheduling.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMeets objective.\t\t\t\t\tA preliminary survey shows that costs would be similar to current budget.\t\t\t\t\t\t\tFrom the survey, you found out that the attendees were willing to still come to the conference and suggested three cities as possible new locations for this year&#8217;s event.\t\t\tChicago\t\t\tLas Vegas\t\t\tNew York City\tAs you move forward in locating available hotels and conference facilities, you formulate the following objectives to select which cities will be best to hold the rescheduled conference.\t\t\tAirfare (the estimated average round trip cost of the attendees)\t\t\tHotel Room Rate (the nightly rate the attendees will pay during the conference)\t\t\tConference Costs (the costs you will incur for meeting facilities, reception, registration, etc.)\t\t\tSurvey Response (you want to factor in how the cities were ranked based on the survey you conducted.)\tBecause the budget is tight, you feel that the Conference Cost objective is twice as important as the other three objectives.\tBased on your research, here is the information you gathered on the cities the user group was interested in.\tNew Orleans (Not applicable, but used to compare original costs of conference)\tAverage Airfare: \ufffd \ufffd\u00a0 $300 to $400 (Round trip cost per person)\tHotel Room Rate: \u00a0 \u00a0 \u00a0 \u00a0 $149.00 (Conference rate per room per night)\tConference Costs: \ufffd\u00a0\u00a0 $16,000 (Meeting rooms, reception, refreshments, registration materials, etc.)\tSurvey Rank \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Not Applicable\tChicago \tAverage Airfare: \ufffd \ufffd\u00a0 $200 to $300 (Round trip cost per person)\tHotel Room Rate: \u00a0 \u00a0 \u00a0 \u00a0 $149.00 (Conference rate per room per night)\tConference Costs: \ufffd\u00a0\u00a0 $25,000 (Meeting rooms, reception, refreshments, registration materials, etc.)\tSurvey Rank \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1\tNew York \tAverage Airfare: \ufffd \ufffd\u00a0 $300 to $400 (Round trip cost per person)\tHotel Room Rate: \u00a0 \u00a0 \u00a0 \u00a0 $349.00 (Conference rate per room per night)\tConference Costs: \ufffd\u00a0\u00a0 $20,000 (Meeting rooms, reception, refreshments, registration materials, etc.)\tSurvey Rank \ufffd \ufffd \ufffd\u00a0\u00a0 2\tLas Vegas \tAverage Airfare: \ufffd \ufffd\u00a0 $200 to $300 (Round trip cost per person)\tHotel Room Rate: \u00a0 \u00a0 \u00a0 \u00a0 $169.00 (Conference rate per room per night)\tConference Costs: \ufffd\u00a0\u00a0 $15,000 (Meeting rooms, reception, refreshments, registration materials, etc.)\tSurvey Rank \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 3\tUsing this information, create the following.\t\t\tA consequence table\t\t\tA weighted scoring model\tAre there any dominated alternatives that can be eliminated? Are there any even swaps?\tFor additional resources pertaining to this assignment, please review the Building a Weighted Scoring Model Video found under the Week 3 Lecture Tab and the Conference Decision Case, Part 2 Video below. A weighted scoring example is located in Doc Sharing under the name Sample Decision Problem.\tSubmit your definition of the problem in a MS Word document to the Week 3 Case Analysis Dropbox. Input your responses in the template found\u00a0here.\u00a0This document is also available in the Doc Sharing tab.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Date:\u00a0September 15, 2005 Two weeks after New Orleans was devastated by Hurricane Katrina, you made the decision to postpone the conference and select a different city to hold the conference. Based on your initial objectives and a survey you took <a href=\"https:\/\/www.benedictsol.com\/blogs\/mgmt-530-week-3-case-analysis-conference-decision-case-part-2\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-227152","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/227152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=227152"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/227152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=227152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=227152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=227152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}