CASE STUDY AKRON ZOOLOGICAL PARK

Would simple linear-regression analysis be the appropriate forecasting technique? Zoo attendance depends largely on the weather. They are a strong reason that annual zoo attendance has increased. Legal Notice Privacy Policy Permissions. Lagging attendance and a low membership level did not help matters. Your browser either does not support scripting or you have turned scripting off.

Akron has not grown appreciably during the past decade. The Demand for Zoos and Aquariums. Faced with uncertain prospects of continuing, the city of Akron opted out of the zoo business. Variations in weather also affect crop yields and prices of fresh animal foods, thereby influencing the costs of animal maintenance. The Submit Answers for Grading feature requires scripting to function. Enter the email address you signed up with and we’ll email you a reset link.

It reopens for 1 week at Halloween and for the month of December. Due to its northern climate, the zoo conducts its open season from mid-April until mid-October. Children account for one half of the paid attendance.

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Managerial Decision Analysis Case study – Akron Zoological Park

The Clear Answers and Start Over feature requires scripting to function. Its continued existence remains totally dependent on its ability to generate revenues and to reduce its expenses. Although the zoo is a nonprofit organization, it must ensure that its sources of income equal or exceed its operating and physical plant costs.

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case study akron zoological park

Variations in weather also affect akkron yields and prices of fresh animal foods, thereby influencing the costs of animal maintenance. Lagging attendance and a low level of memberships did not help matters.

(DOC) Case study Forecasting AKRON ZOOLOGICAL PARK | Fahim Hoque –

To gain exposure in its market, then, the zoo depends on public service announcements, the zoo’s public television series, and local press coverage of its activities and social happenings. The Submit Answers for Grading feature requires scripting to function. The following Submit Answers for Grading button is provided in its place and will clear your answers: Its animal exhibits are clean and neat. It reopens for 1 week at Halloween and for the month of December. The animals, birds, and reptiles look well cared for.

The animals, birds, and reptiles look well cared for. Would simple linear regression analysis be the appropriate forecasting technique?

The zoo does not have an advertising budget.

The animals, birds, and reptiles look well cared for. To be successful, the zoo must maintain its image as a high-quality place for its visitors to spend their time.

case study akron zoological park

Although the Akron Zoological Park made it through recent turbulent and difficult times, to keep the zoo open and financially solvent, the CEO believes she needs to develop new programs and add new facilities to the institution. The zoo does not have an advertising budget.

The following Submit Answers for Grading button is provided zoologicla its place and will clear your answers: But the zoo casw known as an innovative community resource, and as indicated in the table below, annual paid attendance doubled. Help Center Find new research papers in: Its animal exhibits are clean and neat.

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Skip to main content. The following Clear Answers button is provided in its place and will clear your answers: What factors other than admission price influence annual attendance and thus should be considered in the forecast?

Internet Case – Akron Zoological Park

As resources become available for construction and continuing operations, the zoo also keeps adding new exhibits and activities. Many of these activities are only a few years old and are a strong reason why attendance has increased. So, the Clear Answers and Start Over button below will not work. Yet, she must balance the costs of this approach with the flows of operating revenues. Akron has not grown paro during the past decade. But the zoo became known as an innovative community resource, and as indicated in the table, annual paid attendance has doubled.