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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 25 customers (with a standard deviation of 13) cancel their reservation or do not show for the flight. Revenue from a ticket on the flight is $135. 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 $218. 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.)
Companies have successfully marketed globally for decades, yet global competition is intensifying as more companies are entering the international marketplace. What are key factors that Marketers must make when seeking to expand globally? What are po..
Give and justify one reason why the strategy for a for-profit company could be supported by creating an ethical culture similar to that of Goodwill. Give and justify one reason why a for-profit company might have difficulty creating such a culture..
Imagine the worst possible reports from a system. What is wrong with them? List as many problems as you can. What are the consequences of such reports? What could go wrong as a result?
the boiled frog phenomenon is a business term of significance to business in general and to strategic management in
Explain how can organisations strike a balance among respecting and meeting the needs of a diverse workforce and shaping a high-performance corporate culture where shared values contribute to the accomplishment of strategic goals.
interstate 90 is the longest of the east-westnbspu.s.nbspinterstate highways with its 3112 miles stretching
A security analyst is forecasting dividends for Boston Electric over the next four years, as follows: $1 (Y1), $1.50 (Y2); $2.00 (Y3); $2.75 (Y4). In addition, the analyst expects that the stock could be sold for $62.25 four years from now.
What is the optimum ordering quantity? What is the annual holding cost? What is the annual ordering cost?
Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per ..
Illustrate what is standard deviation of above/below median runs. Illustrate what can analyst conclude given this information.
In this term project, you are asked to prepare a lunch box menu for five consecutive days (January 4th - January 8th) for a group of construction workers working in Qatar. You can use the following website for getting nutrition and pricing informatio..
What is Divine Command theory? Given the power gap between God and humanity how do we make the moral demands work? How do we make Divine command theory work?
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