How is yield calculated for a specific period in golf operations?

Yield in golf operations is calculated as a measure of how effectively the available opportunities or resources are utilized over a specific period. The calculation involves comparing the actual rounds played to the potential rounds that could have been played during that period.

When the number of rounds played is divided by the potential rounds in a period, the result provides a yield percentage that indicates the level of utilization of the golf course. A higher percentage suggests better performance in filling tee times, while a lower percentage can signal an opportunity for improvement. This method directly reflects how many of the available chances to play golf were actually taken by customers, giving management crucial insights into operational efficiency and financial performance.

In contrast, the other provided options do not accurately reflect the yield calculation. For instance, multiplying the number of rounds played by potential rounds does not produce a meaningful metric for yield. Similarly, potential rounds alone cannot serve as a standalone figure for yield as it lacks the necessary context of actual performance. Finally, using a simple division of rounds played by a fixed number like 100 does not relate directly to the overall potential rounds and thus loses the valuable comparison needed for meaningful yield analysis.