How many seats should super discount overbook the flight

Assignment Help Operation Management
Reference no: EM131080990

Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from past history that an average of 31 customers (with a standard deviation of 15) cancel their reservation or do not show for the flight. Revenue from a ticket on the flight is $128. If the flight is overbooked, the airline has a policy of getting the customer on the next available flight and giving the person a free round-trip ticket on a future flight. The cost of this free round-trip ticket averages $230. Super Discount considers the cost of flying the plane from New York to Los Angeles a sunk cost. By how many seats should Super Discount overbook the flight? (Round your answer to the nearest whole number.)

Reference no: EM131080990

Questions Cloud

Find the amplitude-fundamental period : Calculate the wavelength of the  signal of  with the propagation speed of  3000m/s. Plot the frequency component of  signal
What is average time customer spends in your waiting line : You are a manager at a retail establishment and you know that customers do not like waiting. Waiting is bad for business and you have one server. What is the average time customer spends in your waiting line? They arrive at a rate of 50 per hour and ..
Supermarket to post the names of all the families : Imagine you've been promoted into a management position in your local school district. Yesterday the parents of one of the high school students suggested a fund-raising idea: Encourage a little competition by asking the supermarket to post the names ..
What is the importance of data entry validation : What is the importance of data entry validation and does MS Access offer any features for validation? If so, list and describe each? If not, what features do you feel should be in place and why?
How many seats should super discount overbook the flight : Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from past history that an average of 31 customers (with a standard deviation of 15) cancel their reservation or do not sho..
Investigate the properties of the van der pol oscillator : Investigate the properties of the Van der Pol oscillator. In particular show that the oscillator shows limit cycle behaviour (that is, the oscillations tend to a form which is independent of the initial conditions and depends only on the parameter..
Describe virtual versus direct elected representation : Describe and analyze virtual versus direct elected representation and how the interpretation by the British Empire and America Colonists impacted the American Revolution.
Pandora valentine collection : pandora valentine collection 2016, This Gemstone scenario comes in spectacular Initialed or initialed or company logo Vernis certain set with an all natural cowhide handle. Its genuine inner preparing makes it the most ideal trip associate. The ba..
Write paper about industrial ruins fort slocum davids island : Write a paper about The Industrial Ruins: Fort Slocum, Davids Island.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Companies to distribute cash to their stock holders

Why has the popularity of stock repurchases been growing faster than the cash dividends as a method for companies to distribute cash to their stock holders?

  Various approaches to enhancing workplace satisfaction

Among the various approaches to enhancing workplace satisfaction and productivity discussed in the chapter, which ones might you take under the circumstances described in the case? Why are some of the other approaches less likely to be effective (or ..

  Describe the three main steps in the controlling process

Describe the three main steps in the controlling process. Please give an example of a company that you believe has effectively managed the controlling process.

  Demographic-social cultural-natural and technological

Examine the macro environmental factors for the publically traded company: General mills (GM) Using clear, insightful critical thinking, select four of the six macro environmental trends: demographic, economic, social cultural, natural, technological..

  Practices with the strategic goals of the organization

Most HR executives in healthcare do not have a major responsibility for achieving top management priorities such as improving productivity, quality of care, cost containment, customer service, and financial performance. What do you think are some of ..

  Advantages to moving this data into a database

You have over 10,000 rows of data in an excel spreadsheet. You have multiple users to input data and run reports. Explain 4 major advantages to moving this data into a database

  Important factors that have brought about the e-global age

Discuss the three laws that have shaped the digital age. What are some of the important factors that have brought about the e-global age?

  Her stress is from which stressor

Mary is suffering work stress as a result of her interactions with her new boss, who rcently transferred from Finland. He has reorganized the work based on teams. In Mary;s team, there is no agreement on who should do what or on the purpose of the te..

  Discuss at least three key factors of learning resources

Discuss at least three key factors, as identified in the Learning Resources, that managers must consider when identifying the number and kind of staff for this particular unit or department. Explain why these factors are significant.

  Assignment on steve jobs was an ethical leader

Write a 400 word count dicussion on this topic. Please answer the two questions below thoroughly. Any sources need to be properly cited in APA form all sources must be scholarly and have a reference page below

  What is empowerment

What is empowerment? How can effective communication result in the empowerment of employees?

  The goals of organizational behavior are to explain

The goals of Organizational Behavior are to explain, predict, and influence employee behavior. List and explain in detail the six employee behaviors that are so important in this process.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd