Assignments WS 2017/2018
Revision as of 15:07, 6 December 2017 by Oleg.Svatos (talk | contribs)
Simulation Proposal (xvatj00)
Software: Vensim
I am a contemporary gospel choir conductor (choir and full professional band). We organize more or less 3 concerts a year. It has been a long time since we released our last CD and now we would like to earn money to be able to start recording a new one. For this purpose, I would like to find out those factors (such as choir performance, band performance, tickets’ price, concert’s location, etc.) that influence potential audience when choosing a band to go see and how to improve them, and thus get more people to come to our concerts - and earn more money for the tickets and in general. I will use a survey to get data about people’s preferences. Xvatj00 (talk) 17:45, 27 November 2017 (CET)
- For this kind of simulation you would need ritch historical data so that you would be able to find premises you would then build the equations on (and to be able to verify the model when you compare its results with the historical data). Unfortunately the survey will not help you to quantify the parameters and the number of concerts is really low to be usable for such simulation. I probabbly would suggest a different topic. Oleg.Svatos (talk) 18:43, 30 November 2017 (CET)
- I can get data up to 10 years back. The number of concerts included only those concert that are organized by us only, but we perform in many other concerts as well. Do you have any suggestions how to make the simulation possible? Thank you. Xvatj00 (talk) 18:59, 30 November 2017 (CET)
- You would have to be able to define parameters that determine the demand for the individual concerts, and based on the data quantify them and quantify their impact on the demand for a concert. Based on that one could then discuss how the concert and its content should be se up so that you get maximum profit out of it. That is not a really easy ...Oleg.Svatos (talk) 15:07, 6 December 2017 (CET)
- I can get data up to 10 years back. The number of concerts included only those concert that are organized by us only, but we perform in many other concerts as well. Do you have any suggestions how to make the simulation possible? Thank you. Xvatj00 (talk) 18:59, 30 November 2017 (CET)
- For this kind of simulation you would need ritch historical data so that you would be able to find premises you would then build the equations on (and to be able to verify the model when you compare its results with the historical data). Unfortunately the survey will not help you to quantify the parameters and the number of concerts is really low to be usable for such simulation. I probabbly would suggest a different topic. Oleg.Svatos (talk) 18:43, 30 November 2017 (CET)
