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Q. Next week, Super Discount Airlines has a flight plan from New York to Los Angeles which is expected to be booked to capacity. Airline knows from past history which an average of 25 customers (with a standard deviation of 15) cancels their reservation or do not Show up for flight. Revenue from a ticket on flight is $125. If flight is overbooked, airline has a policy of getting customer on next available flight also giving person a free round-trip ticket on a future flight. Cost of round-trip ticket averages $250. Super Discount considers cost of flying a plane from New York to Los Angeles a sunk cost.
By elucidate how many seats should Super Discount overbook flight?
The item costs $50 when purchased in quantities less than 100 and $48 for 100 or more. Ordering cost are $40 and the carrying cost is 25 percent. Explain how much should the company buy each time an order is placed.
Assume labour is paid $200 a week and the cost of machine time is $100 per week. If the firm wants to produce 1225 units of output, explain how many machines and labour must be employed.
he emergence of the European Union, the Timothy McVeigh execution, natural disasters like hurricanes, floods or droughts). Also, explain how or if the event affected your city or community. Respond to at least 2 of your classmates' postings.
Define them and show how later helps consumer in recommending a car among 3 brands. Assume that total features that are steering consumer's selection are: number of seats, availability of spare parts, engine performance and preferences of people ..
Mention the advantages and disadvantages of solving integer programming problems by a) rounding off, b) enumeration, and c) the branch and bound method.
Find the solution of the LP. Are there alternative optimal solutions. Assumed the objective function is changed to do you desire to re-graph the feasible region of this LP.
Select a process you perform daily but would like to spend less time doing, like driving to work. Design a flowchart using an appropriate tool. Comment on the factors which affect the process design.
Cooper also Schindler suggest which Zeitgeist not only illustrates trends but reveals things which subjects are not willing to talk about with researchers. Illustrate what are some of the other illustration of useful information which marketers can..
Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..
Airline knows from past history that an average of 25 customers cancels ir reservation or do not Show for flight. Revenue from a ticket flight is $125. By explain how many seats should super discount overbook flight.
Illustrate what about my two other supposedly "free questions" are those included in this fee. Or is the fee just for the Thomas Kratzer question
Illustrate what is the probability that the project will be finished in less than 57 days. Illustrate what is the probability that the project will desire at least 50 days.
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