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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 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.)
Discuss the advisibility of using modular assemblies in manfacturing?
Segmenting international markets is especially difficult for managers for all the following reasons except:
The strategic-management process is conceptually the same for multinational firms as for purely domestic firms, although the process is more complex for international firms due to more variables and relationships.
From an economic perspective, was the shift to a free trade regime in the textile industry good for Bangladesh? Economically who benefits when retailers in Europe and the United States source textiles from low-wage countries such as Bangladesh? Who m..
What are the trade-offs among increased wages for unions, productivity effects and profitability effects on organizations?
Which of these represent a pollution prevention strategy in an organization? Automation of manufacturing facility, Transforming business from manufacturing to service operations, Changing the materials used or redesigning how operations are bid out, ..
Many times trade-offs are necessary to increase productivity. What are important trades-offs involving the inputs to productivity?
Discuss Fair Labor Standards Act (FLSA) provisions. Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logicall:
The Project Management Institute (PMI) states that all projects should be formally closed when following the PMBOK® guide, although experienced project managers often disagree. Identify a possible exception using an example and explain why there shou..
Draw several conceptual models to represent relationships that could be tested with the survey. Be sure to include comparisons of the Santa Fe Grill and Jose’s Southwestern Cafe.
A burger joint experiences demand at the rate of 150 customers/hr in its peak lunch time rush hour. They have the capacity based on their equipment and labor force to serve only 140 customers/hr. However, the quality of their burgers starts to declin..
An investor wishes to invest some or all of his $12.5 million in a diversified portfolio through a commercial lender. The types of investments, the expected interest per year, and the maximum allowed percentage he will consider include the following ..
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