Application of econometric and simulation models in organizing a running race

Abstract

This diploma thesis deals with application of econometric and simulation models in organizing relay running race od Tatier k Dunaju. In theoretical part the reader is introduced to basic theory regarding econometric and simulation models. Detailed introduction to od Tatier k Dunaju running race follows afterwards. There are used multiple regression models in this thesis which are used to estimate runner s time in his sector based on 10 km run reported time and track profile. Results are compared to those provided by organizer himself and between each other. Simulation models are used to analyze sufficiency of parking lots capacity, which are used by team cars while traveling between sectors. These models are compared to reality and afterwards suggestions to solve recognized issues are discussed