Question
SWU's president, Dr. Joel Wisner, decided it was time for his vice president of development to forecast when the existing stadium would max out.
SWU's president, Dr. Joel Wisner, decided it was time for his vice president of development to forecast when the existing stadium would "max out." The expansion was, in his mind, a given. But Wisner needed to know how long he could wait. He also sought a revenue projection, assuming an average ticket price of $50 in 2019 and a 5% increase each year in future prices. Discussion Questions 1. Develop a forecasting model, justifying its selection over other techniques, and project attendance through 2020. 2. What revenues are to be expected in 2019 and 2020? 3. Discuss the school's options.
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