Window Halo DLE 10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Rele ces silings Review View A DE Abbcode Aalbode Albed Norma Aan On AaBb CcDdi Heading 1 No Spacing Heading 2 Discovery Learning Exercise #10: Differential Pricing In Golf and Restaurants Scenario 1: Read the following scenario which will be the basis for part one of the assignment: Forrest owns Turkey Creek Country Club in Gainesville, Florida. The current greens fees for playing one round (18 holes) of golf on the course is $175.00 per player. To increase sales, Forrest partners with six different hotels that have created golf packages marketing to their own customers. Each hotel pays Forrest a different amount for the rounds of golf included in their package. Forrest wants to calculate a net round yield for each hotel using the following formular Distribution costs Standard Fee-Net Round Fee. New Round Fee/Standard Round Fee-Net Golf Round Yield fround to nearest Where Standard Fee - Distribution Costs to hotel Net Golf Round Fee Turkey Creek Weekly Sales Recap Source Standard Net Golf Dist. Costs Net Golf Golf Rounds Net (A) Fee Round Tee per Hotel Round Yield Sold Revenue (8) C) 1D) 15) 08) (6) In Dollars In Percentage Comfort $175.00 $92.00 25 Suites Hampton $175.00 $91.00 40 $175.00 $90.00 40 Hilton Garden Inn Springhill Suites Fleo $175.00 $88.00 30 5175.00 $85.00 50 U Hon 58400 35 $175.00 $175.00 Average or Yotal 220 Fin the empty hokes on the chart with the following information 1. Calculate Forrett's avere distribution cost for the hotel memberi Focus 20 16 MacBook Air Window Help DLE 10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Refer.ces ilings Review View Aa Alibcbdte Aalbcence AaBb CcDdi Abcdfe ABC D A a Normal No Spacing Heading 2 Hosd Fill in the empty boxes on the chart with the following information: 1. Calculate Forrest's average distribution cost for the hotel members. 1b. Cakulate Forrest's average net round fee for all hotel members 1c. Calculate Forrest's net revenue for each hotel member. 1d. Calculate the overall average net round fee for the 220 rounds of golf Forrest received during the week from these sex hotel channel members Reflect on the data and answer the following question: 1e. Which channel(s) do you believe are Forrest's best partners and why? Explain your answer. Scenario 2: Read the following scenario which will be the basis for part two of the assignment: Flo is the managing owner of the "The X Pound Charburger gris at the Gainesville Airport. Her menu is limited, She sells burgers, fries, and drinks. Last week, she served 1400 customers. Most of her guests order at least one burger and a beverage Some ordered a burger, fries, and a beverage while still others only order fries and a beverage Some data from last week includes: The CharBurger Weekly Account - 1400 Customers Served Item LA) . Sold (5) Selling Price 1C1 Total Rey per item (DI item Cost ( Hem Contribution Margin (F) Total Rev. Contribution Margin 16) Bure Fries Beverard TO 950 100 1100 $4.00 51.50 $1.25 $135 5.50 5.20 Faithe empty bones on the chart with the following information if the contribution margin is defined Selling Price em Cost Contribution More 16 MacBook Air Window DLE #10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Refer..cos Mailings Review View A... 21 Afbelde Abbcode AaBb CcDdi Acadre Abbc Normal No Spacing Meg. Hewing Head Scenario 2: Read the following scenario which will be the basis for part two of the assignment: Flo is the managing owner of the "The X Pound Charburger "gril at the Gainesville Airport. Her menu is limited. She sells burgers, fries, and drinks. Last week, she served 1400 customers. Most of her guests order at least one burger and a beverage. Some ordered a burger, fries, and a beverage while still others only order files and a beverage Some data from last week includes: The CharBurger Weekly Account - 1400 Customer Served Item (A) Selling Sold (8) Price (C) Total Rev per Item [0] Item Cost (E) Item Contribution Margin (F) Total Rev. Contribution Margin Burger Fries Beverare Total 950 800 1100 $4.00 $1.50 $1.25 $1.35 $ 50 5.20 Fill in the empty boxes on the chart with the following information If the item contribution margin is defined as Selling Price (-) Item Cost Item Contribution Margin 21. Calculate the tem contribution margin for each item 26. Calculate the total contribution margin for each item sold 2c. Given the data presented, what is the lowest price at which Flo could sell a burger, fries and beverage combination and still equal the per customer served contribution margin the currently achieves? Hint - find the per customer contribution margin and add that to the total de cont I ed States 17 16 MacBook Air Window Halo DLE 10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Rele ces silings Review View A DE Abbcode Aalbode Albed Norma Aan On AaBb CcDdi Heading 1 No Spacing Heading 2 Discovery Learning Exercise #10: Differential Pricing In Golf and Restaurants Scenario 1: Read the following scenario which will be the basis for part one of the assignment: Forrest owns Turkey Creek Country Club in Gainesville, Florida. The current greens fees for playing one round (18 holes) of golf on the course is $175.00 per player. To increase sales, Forrest partners with six different hotels that have created golf packages marketing to their own customers. Each hotel pays Forrest a different amount for the rounds of golf included in their package. Forrest wants to calculate a net round yield for each hotel using the following formular Distribution costs Standard Fee-Net Round Fee. New Round Fee/Standard Round Fee-Net Golf Round Yield fround to nearest Where Standard Fee - Distribution Costs to hotel Net Golf Round Fee Turkey Creek Weekly Sales Recap Source Standard Net Golf Dist. Costs Net Golf Golf Rounds Net (A) Fee Round Tee per Hotel Round Yield Sold Revenue (8) C) 1D) 15) 08) (6) In Dollars In Percentage Comfort $175.00 $92.00 25 Suites Hampton $175.00 $91.00 40 $175.00 $90.00 40 Hilton Garden Inn Springhill Suites Fleo $175.00 $88.00 30 5175.00 $85.00 50 U Hon 58400 35 $175.00 $175.00 Average or Yotal 220 Fin the empty hokes on the chart with the following information 1. Calculate Forrett's avere distribution cost for the hotel memberi Focus 20 16 MacBook Air Window Help DLE 10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Refer.ces ilings Review View Aa Alibcbdte Aalbcence AaBb CcDdi Abcdfe ABC D A a Normal No Spacing Heading 2 Hosd Fill in the empty boxes on the chart with the following information: 1. Calculate Forrest's average distribution cost for the hotel members. 1b. Cakulate Forrest's average net round fee for all hotel members 1c. Calculate Forrest's net revenue for each hotel member. 1d. Calculate the overall average net round fee for the 220 rounds of golf Forrest received during the week from these sex hotel channel members Reflect on the data and answer the following question: 1e. Which channel(s) do you believe are Forrest's best partners and why? Explain your answer. Scenario 2: Read the following scenario which will be the basis for part two of the assignment: Flo is the managing owner of the "The X Pound Charburger gris at the Gainesville Airport. Her menu is limited, She sells burgers, fries, and drinks. Last week, she served 1400 customers. Most of her guests order at least one burger and a beverage Some ordered a burger, fries, and a beverage while still others only order fries and a beverage Some data from last week includes: The CharBurger Weekly Account - 1400 Customers Served Item LA) . Sold (5) Selling Price 1C1 Total Rey per item (DI item Cost ( Hem Contribution Margin (F) Total Rev. Contribution Margin 16) Bure Fries Beverard TO 950 100 1100 $4.00 51.50 $1.25 $135 5.50 5.20 Faithe empty bones on the chart with the following information if the contribution margin is defined Selling Price em Cost Contribution More 16 MacBook Air Window DLE #10 Differential Pricing in Golf and Restaurants Spring 2018 - Compatibility Mode Refer..cos Mailings Review View A... 21 Afbelde Abbcode AaBb CcDdi Acadre Abbc Normal No Spacing Meg. Hewing Head Scenario 2: Read the following scenario which will be the basis for part two of the assignment: Flo is the managing owner of the "The X Pound Charburger "gril at the Gainesville Airport. Her menu is limited. She sells burgers, fries, and drinks. Last week, she served 1400 customers. Most of her guests order at least one burger and a beverage. Some ordered a burger, fries, and a beverage while still others only order files and a beverage Some data from last week includes: The CharBurger Weekly Account - 1400 Customer Served Item (A) Selling Sold (8) Price (C) Total Rev per Item [0] Item Cost (E) Item Contribution Margin (F) Total Rev. Contribution Margin Burger Fries Beverare Total 950 800 1100 $4.00 $1.50 $1.25 $1.35 $ 50 5.20 Fill in the empty boxes on the chart with the following information If the item contribution margin is defined as Selling Price (-) Item Cost Item Contribution Margin 21. Calculate the tem contribution margin for each item 26. Calculate the total contribution margin for each item sold 2c. Given the data presented, what is the lowest price at which Flo could sell a burger, fries and beverage combination and still equal the per customer served contribution margin the currently achieves? Hint - find the per customer contribution margin and add that to the total de cont I ed States 17 16 MacBook Air