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The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with Industry partners on applied research and continuing education business analytics.

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The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with Industry partners on applied research and continuing education business analytics. One of the programs offered by the center is a quarterly Business Intelligence Symposium. Each symposium contures three speakers on the real world use of analytics. Each corporate member of the center (there are currently 10) receives seven free seats to each symposium. Nonmembers wishing to attend must pay 575 per person. Each attendee receives breakfast, lunch, and free parking. The following are the costs incurred for putting on this event: Rental cost for the auditorium $150 Registration Processing $8.50 per person Speaker Couts: 305800 = $2,400 Continental Breakfast: $4.00 per person Lunch: $7.00 per person Parking $5.00 per person (a) The Center for Business Analytics is considering a refund policy for no-shows. No refund would be given for members who do not attend, but nonmembers who do not attend will be refunded 50% of the price. Build a spreadsheet model that calculates a profit or loss based on the number of nonmember registrants Account for the fact that historically, 25 of members who registered do not show and 10% of registered nonmembers do not attend. The center pays the caterer for breakfast and lunch based on the number of registrants (not the number of attendees). However, the center only pays for parking for those who attend. What is the profit if each corporate mamber register their full allotment of tickets and 12% no members register? It required, round your answers to two decimal places (b) Use a two-way data table to show how profit changes as a function of number of registered nonmembers and the no-show percentage of nonmembers. Vary number of nonmember registrants from 0 to 160 in increments of sand the percentage of nonmember no-shows from 10% to 30% in increments of 20. In which interval or nonmember registrants done breakeven occur if the percentage of no member no shows 2282 Breskaven appears in the intervalor 95 100 registeced non members to (c) Consider the scenarios Base Case of Members Who Do Not Show of Nonmembers Who Do Not Show Number of Nonmember Registrants Worst Case 509 301 105 Best Case 204 49 185 20% 137 All other inputs are the same as in partie scenario Manager to generate a summary report that gives the profit for each of these three scenarios What is the highest profit? What is the lowest profit? It required, round your answers to two decimal places. For subtractive or negative number wie a mission The highest prontiss The lowest proti 189

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