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Operations Management
Comp Sets Answer the following questions regarding Comp Sets. Demonstrate how KPIs and percent changes are calculated when it comes to comp set data. Demonstrate how indexes and ranking data are calculated comparing the subject to the comp set. Explain the significance of indexes to the hotel Industry. Explain the effect of non-reporting hotels in a comp set. When will different types of comp set data not appear on a STAR report

Comp Sets Answer the following questions regarding Comp Sets. Demonstrate how KPIs and percent changes are calculated when it comes to comp set data. Demonstrate how indexes and ranking data are calculated comparing the subject to the comp set. Explain the significance of indexes to the hotel Industry. Explain the effect of non-reporting hotels in a comp set. When will different types of comp set data not appear on a STAR report

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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  • Comp Sets
    Answer the following questions regarding Comp Sets.
    1. Demonstrate how KPIs and percent changes are calculated when it comes to comp set data.
    2. Demonstrate how indexes and ranking data are calculated comparing the subject to the comp set.
    3. Explain the significance of indexes to the hotel Industry.
    4. Explain the effect of non-reporting hotels in a comp set.
    5. When will different types of comp set data not appear on a STAR report?
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