Solved: RevSim AssignmentAssessment title:††††††††††††††††††††††††††††††††† RevSim Assignment Programme:†††††††††††††††††††††††††††††††††††††††† BBA 7 Course name:†††††††††††††††††††††††††††††††††††††† Revenue and Pricing Management Course number:†††††††††††††††††††††††††††††††††† RDM 4134 Faculty responsible:†††††††††††††††††††††††††††† Mr. Riccardo Campione Hand out date:††††††††††††††††††††††††††††††††††† Week 7 Due date:†††††††††††††††††††††††††††††††††††††††††††† Week 12 Weighting:††††††††††††††††††††††††††††††††††††††††††† 30% Project Overview: The students should develop a rationale for the given RevSim strategy and link it to existing academic research. Thereafter, the students should critically reflect on the difficulties of revenue management in terms of pricing and maximising revenues. Overall aim: To enable students to demonstrate their understanding of the importance and function of pricing management and talk the talk of Revenue Managers. Learning outcomes: 1.Identify the principles of revenue and yield management. 2.Discuss, demonstrate and apply demand management strategies, pricing, capacity management, discount allocation, forecasting and other associated procedures essential to successful yield Management. 3. Plan strategies for tackling occupancy and capacity problems. Organisation and methodology Critically analyse the given RevSim simulation.This project can be conducted on your own or with a peer student and a written report has to be produced. Word count: Not to exceed 1.000, (tolerance max 10%, anything above or less will lead to mark deduction) Resources available: Library, books, magazines, and Internet Assessment tasks & weighting: TASKS: Written project 80% Appropriate referencing 10% Appropriate English 10% Common skills: assessed (bold) or developed (italics): Special instructions: Ensure all tasks are complete by the deadlines indicated Plagiarism Plagiarism is the act of presenting anotherís ideas or words as oneís own. Cheating includes, but is not limited to, the intentional falsification or fabrication of any academic activity, unauthorized copying of another personís work, or aiding and abetting any such acts. Particular care must be taken when presenting information that has been obtained from an internet site. Should this information not be correctly referenced then you are guilty of plagiarism and will be penalised accordingly. Statement of authorship Following the title page of your assignment there should be a page on which you sign a statement that the work included in the assignment is your own work except where appropriately referenced. The following statement should be used:
Statement of authorship
I certify that this assignment is my own work and contains no material which has been submitted as part of an assignment in any institute college or university. Moreover, to the best of my knowledge and belief, it contains no material previously published or written by another person, except where due reference is made in the text of the assignment.