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Northwest Airlines runs daily flights from Detroit to Amsterdam. They face a fixed cost of $70,000 for each flight independent of the actual number of passengers on the plane. There are 310 seats available on a plane. One-way tickets generate revenues of $600 apiece when used but are fully refundable if not used. On a typical weekday, the airline estimates that the number of no-shows will range between 0 and 20; all intermediate values are equally likely. By law, an airline is allowed to overbook flights, but must give compensation of $250 to all ticketed passengers not allowed to board. In addition, it must provide those passengers with alternative transportation on another carrier (the cost of providing the alternative transportation just wipes out the $600 revenue). How many tickets should Northwest book on its flight from Detroit to Amsterdam?
The manager of a new carpet store is hiring. The data showed that on average a worker can install 491 yards per hour (capacity). Considering providing reasonable breaks the manager hired 15 workers to make sure they can complete 20,000 yards each 8 h..
Calculate the after-tax cost of debt for a firm, which has a 40% marginal tax rate and a pre-tax cost of debt of 12%. American Manufacturing, Inc. has issued preferred stock at its $125 per share par value. The stock will pay a $15 annual dividend. T..
How does the project closure review differ from the performance measurement control system discussed
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Boston Electric Generators has been getting many complaints from its major customer, House Station, about the quality of its shipments of home generators.
Write an 800- to 1,200-word memo that details prevention and counter measure options for the following issues which may affect the company's information security:
You work in a new organization. You have been charged with recruiting a manager for a new department within the Services division.
The quality management system that focuses on meeting customers' needs and practices to help build a customer-focused culture along with techniques to enhance design of work processes, process control, and process improvement,
Include an analysis of how the company addresses ethics and sustainability. You may consider this in the context of market research on a competitor or as research pre-investment in that company. Note that Wikipedia is not acceptable as a primary refe..
Describe methods that may be helpful in identifying and narrowing your research paper topic. Examine two scholarly sources that may prove valuable as you seek to defend your claims.
In a 360-degree evaluation and feedback system, __________ rate a person's skill and performance.
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