Question

In: Operations Management

Consider a project to build an amusement park. What are some of theresource constraints that...

Consider a project to build an amusement park. What are some of the resource constraints that would make this project challenging? What could you do, as a project manager, to help manage the constraints and project scheduling?

Solutions

Expert Solution

Amusement parks are the thing of the next generation and one of the most profitable business. But there are certain constraints.

1. Feasibility of the project: To maximize the return, a detailed feasibility study is essential. An experienced research team is needed to study the feasibility of the amusement park, the location, the theme of amusement park, market competition etc.

Location: Based on the feasibility study, proper location of the park to be selected. It should be near a populated area or a metro city.

Proper planning: Proper planning to be done based on the feasibility study about the land size, shape, types of rides to be installed.

Timeline to finish the project: to finish the project in schedule, experienced vendors to be hired who have experience in building amusement parks.

Finance: Building amusement parks are capital intensive business. Therefore, finance is needed. Once the business plan is finalised, investors and shareholders are needed. An able agency is to be hired if needed to find investors.

Proper marketing: Advertisements in appropriate media is to be done. Proper advertisement gives the project a proper kickstart.

Licences and Permits: Building amusement parks may need local licences and Permits. So, arranging them in advance is vital for an uninterrupted construction and scheduled completion.

Upgradation: People always look for new thrills and amusements. So, adding new rides and upgradation of existing rides in a timely basis is very necessary.

Experienced staffs: Hiring experienced staffs is necessary. But localisation of staffs are also very important in long run. So, hiring experienced staffs and training of local staffs is to be done very efficiently.


Related Solutions

There is a new amusement park under construction in town and the manager of the project...
There is a new amusement park under construction in town and the manager of the project has hired you to design a "Zero-Gravity" room. (a) Based on your knowledge of nature of electric charge and electric forces, how will you design such a facility? Comment on components of the room, and explain how it will work for walk in customers? What would be the safety concerns and measures? (b) Assume that your design has been approved and facility has been...
Evans Park Evans Park is a small amusement park that provides a variety of rides for...
Evans Park Evans Park is a small amusement park that provides a variety of rides for children and teens.   In a typical summer season, the park sells twice as many child tickets as adult tickets.   Adult ticket prices are $18 and the children’s price is $10.   Revenue from food and beverage concessions is estimated to be $60,000, and souvenir revenue is expected to be $25,000.   Variable costs per person (child or adult) are $3.25.   Fixed costs amount to $150,000.   Build...
Crescent City Fun Park (Crescent City), an amusement park with thrilling rides and a water park,...
Crescent City Fun Park (Crescent City), an amusement park with thrilling rides and a water park, sells tickets onsite and has a website that allows customers to purchase tickets in advance and bypass the long lines. Customers who use the website include the general public and travel agents. Both individuals and travel agents can purchase tickets online using a major credit card. Some travel agents prefer the option of using the website to purchase tickets, but rather than pay with...
Crescent City Fun Park (Crescent City), an amusement park with thrilling rides and a water park,...
Crescent City Fun Park (Crescent City), an amusement park with thrilling rides and a water park, sells tickets onsite and has a website that allows customers to purchase tickets in advance and bypass the long lines. Customers who use the website include the general public and travel agents. Both individuals and travel agents can purchase tickets online using a major credit card. Some travel agents prefer the option of using the website to purchase tickets, but rather than pay with...
*PLEASE ANSWER LETTERS A-F THOROUGHLY* The Twelve-stars Amusement Park The Twelve-stars traveling amusement park has recently...
*PLEASE ANSWER LETTERS A-F THOROUGHLY* The Twelve-stars Amusement Park The Twelve-stars traveling amusement park has recently set up operation in the East Bay. The arrival rate of patrons at the park is estimated as 35 per hour. There is one admissions gate, staffed by a single worker. Admissions can be conducted at an estimated rate of 40 per hour. 40% of patrons go directly to the Ferris wheel, while 30% go to the rollercoaster. The remaining 30% go to the...
what are the interior and exterior facilities required to construct an amusement park details of infrastructure...
what are the interior and exterior facilities required to construct an amusement park details of infrastructure of an amusement park
Java. Part 1 of 4 - Amusement Park Programming Project Requirements: Use the Java selection constructs...
Java. Part 1 of 4 - Amusement Park Programming Project Requirements: Use the Java selection constructs (if and if else). Use the Java iteration constructs (while, do, for). Use Boolean variables and expressions to control iterations. Proper error handling. Class: Ticket – models admission tickets. Instance Fields: number : long – identify the unique ticket. category : String – store the category of the ticket. holder : String – store the name of the person who purchased the ticket. date...
what are the typical constraints of a project with examples
what are the typical constraints of a project with examples
What is the theory of constraints? Provide some examples of possible constraints for a manufacturer.
What is the theory of constraints? Provide some examples of possible constraints for a manufacturer.
Let us assume that there are two visitors, A and B, in an amusement park. The...
Let us assume that there are two visitors, A and B, in an amusement park. The demand curve for the visitors facing the amusement park are as follows. PA= 5 – 2QA PB= 2.5 – 0.5QB Marginal cost (MC) to serve each visitor is equal to $1. a. If the amusement park decides to set the price using two-part tariff, given the demand curve P=6 – 2.5Q and MC =$1, how much is the equilibrium P and Q b. Calculate...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT