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An airline is preparing to replace its old planes with three new styles of jets. The airline needs 17 new planes to service its current routes. The decision regarding which planes to purchase should balance cost with capability factors, including the following: 1) The airline can finance up to $700 million in purchases;2) each 7A7 jet will cost $38 million, each 7B7 jet will cost $27 million, and each 7C7 jet will cost $22 million; 3) at least one-third of the planes purchased should be the longer-range 7A7; 4) the annual maintenance budget is to be no more than $12 million; 5) the annual maintenance cost per 7A7 is estimated to be $800,000, $600,000 for each 7B7, and $500,000 for each 7C7; and 6) annually, each 7A7 can carry 125,000 passengers, each 7B7 can fly 95,000 passengers, and each 7C7 can fly 80,000 passengers. Formulate this as an IP problem to maximize the annual passenger-carrying capability. Solve it by using Excel.
Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation.
Write the Optimal Solution and the Optimal Solutions should include the optimal values for the non-zero variables as well as the objective function.
boralis manufacture backpacks for hikers. the demand for its products during the peak period of march to june of each
Is the organization at fault? If so, why? Please provide an explanation for your response. Support your response with reference(s) in APA format.
About explain how many runs per year would there be. Explain how much could business save annually if setup cost could be reduced to $25 per run.
The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $48. If annual carrying costs are 30 percent of unit cost, what is the optimal order size?
1 what factors are contributing to the intensity of todays global competition?2 what are the advantages and
What are the steps to conduct a hypothesis test? How does a researcher determine which statistical test to conduct? How does a researcher determine which level of significance to use? What software programs can be used to compute these tests? Where i..
Is there any business company or government agency in the world, that does not purchase, use, or sell any material at all?
Think of a leader you admire. What traits does this person have? Are they consistent with the traits discussed in this chapter? If not, why is this person effective despite the presence of different traits
Explain the therory that seems most appropriate to the situation.
which is immoral. Is this valid? Defend a hot babe used to sell cars on a TV commercial. Defend requiring women to cover their bodies.
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