Beruflich Dokumente
Kultur Dokumente
DA1. VIT University, a large university in Vellore, India, organizes five concerts every year in
their outdoor stadium. The attendance for those programs is increasing every year. The existing
capacity of the stadium is 54000. The following table indicates attendance at each concert for the
past 6 years. With attendance increasing, VIT administration began to face the issue head-on. It is
time for the administration of development to forecast when the existing capacity would cross the
limit. The expansion is in their mind. They are also looking for a revenue projection, assuming
ticket price of Rs. 50 in 2019 and a 5% increase each year in future prices. Questions: Develop a
forecasting model, justifying its selection over other techniques, and project attendance in the year
2019, 2020 and 2021. What revenues are to be expected in 2019 and 2020? Discuss the university’s
options. (Maximum marks: 10; Weightage: 10)
DA2. Consider any industry and discuss about the various steps involve in Method Study.
(Maximum marks: 10; Weightage: 10)