Essay on Cprobs1

Words: 1942
Pages: 8

Case Problem # 1
Motion Picture Industry

In partial fulfillment of the course requirements in CPROBS1

Submitted by:

Group 5 C31
Aguilar, Samantha
Barandiaran, Vicente Laurel
Ong, Maryss
Sy, Martin Eldridge
Waga, Czarina Theresa

September 1, 2015


The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales ($millions), the total gross sales ($millions), the number of theaters the movie was shown in, and the number of weeks the motion picture was in the top 60 for gross sales are common variables used to measure the
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Most of the Motion Pictures were at the lowest class in the Opening Weekend Gross Sales and likewise, the same amount can be found in the lowest class of the Total Gross Sales. It can be deduced that opening weekend gross sales is a good basis of estimate as to how a motion picture’s total gross sales will be. Figure 2 also shows that it’s difficult to reach total gross sales in the higher classes due to many factors. It can be seen that only 1 motion picture was able to reach the highest class while 2 were able to trail behind it in the 4th and 5th highest classes. This, again, is consistent with our observations with the Opening Weekend Gross Sales where only 1 motion picture was able to reach the highest class. However, one can conclude that because of the competitiveness of the motion picture industry reaching the higher classes and brackets of total gross sales is a hit and miss opportunity.

Number of Theaters | Frequency | 0-500 | 2 | 501-1000 | 0 | 1001-1500 | 0 | 1501-2000 | 1 | 2001-2500 | 1 | 2501-3000 | 1 | 3001-3500 | 3 | 3501-4000 | 2 |

Table 3: Frequency of Motion Pictures in Number of Theaters

Figure 3: Frequency of Motion Pictures in Number of Theaters

Table 3 and Figure 3 show us that the class with the most motion pictures is the 3001-3500 or the second to the highest bracket. This means that three of the motion pictures were shown in this amount of theaters