Possible cost drivers for aircraft manufacturing firm

Assignment Help Operation Management
Reference no: EM13105070 , Length: 212 Words

ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method. Compare and contrast these two methods. Which one is the most reliable? What affect does an outlier have on the high-low method? Which method would you recommend to ABC? List and discuss ten possible cost drivers for an aircraft manufacturing firm. 200 words please

Reference no: EM13105070

Questions Cloud

Information about margin of error-confidence interval : To estimate the average time it takes to assemble a certain computer component, the industrial engineer at an electronic firm timed 40 technicians in the performance of this task, getting a mean of 12.73 minutes and a standard deviation of 2.06 mi..
Explain how the product and target market strategies fit : Discuss how the product fits within a product line and the depth and breadth of the line. Explain how the product and target market strategies fit with the organizational strategy.
Write essays on any economically significant plant : Write down 2-4 pages Essays on any economically significant plant and your essay must highlights on: Correct scientific name (genus, species) and family of plant or plant product derived from.
True mean price for particular model : Estimate the true mean price for this particular model with 95% confidence?
Possible cost drivers for aircraft manufacturing firm : ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method.
Make the class employee to initializes three data members : Make the class called Employee which comprises three pieces of information as data membersa first name (type string), last name (type string) and monthly salary (type int).
Research different types of cultures : You are required to research different types of cultures in relation to Computing and IT: gaming culture, internet culture, and the impact that one culture of your choice has on the communication processes.
Determine the value of the game : Consider the following two-person zero-sum game. Assume the two players have the same two strategy options. The payoff table shows the gains for Player A.
Calculate the expected values of all alternatives : For the payoff table below, the decision maker will use P(s1) = .15, P(s2) = .5, and P(s3) = .35. Calculate the expected values of all alternatives. What alternative would be chosen according to expected value?

Reviews

Write a Review

Operation Management Questions & Answers

  Explain quality control

The probability of concluding that assignable variation exists when only random variation is present is: (I) the probability of a type I error, (II) known as the alpha risk

  Principle that holds that b cannot simply sue a

what is the name of the principle that holds that B cannot simply sue A for breach, but must first make a reasonable attempt to find someone else to perform as A was supposed to have done?

  Estimate the process capability index for vaxidene

Crawford Pharmaceuticals has developed a new drug, Vaxidene, which is administered in the form of a pill. The target amount for a single dose is 100 mg.

  Is an analyst always in control of this kind of situation

Illustrate what are her options. Is an analyst always in control of this kind of situation. FastPak, the nation's fourth-largest overnight package service carrier, is headquartered.

  Because age and generation impact how companies staff

Because age and generation impact how companies staff, what are your thoughts about how staffing strategies might be changing because of Generation Y

  Algorithms in pseudocode describing the steps of program

Algorithms in pseudocode describing the steps the program will perform to handle remote capture deposits, balance transfers, and balance inquiries.

  What are processes and techniques to make the budgeting

What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..

  Analyze aquarius with respect to five contextual variable

Analyze Aquarius with respect to the five contextual variables. Explain how would you describe the environment, goals, culture, size, also technology for Aquarius.

  Elucidate what is the discovery process

Elucidate what is the discovery process as it applies to a certificate action also Elucidate what role discovery plays in expediting civil legal proceedings.

  Describe elements of the toyota production system

Describe elements of the Toyota Production System (objectives, process, outcomes). Describe how sharpen the saw is applied in the Toyota Production System (objectives, process, outcomes)

  Illustrate what is the proposed project review and approval

Illustrate what is the proposed project review and approval process at your organization including evaluation and selection criteria and is it effective.

  A gas containing nitrogen and benzene

A gas containing Nitrogen, benzene, and tolune is in equilibrium with a 40 mole% benzene 60 % toluene liquid mixture

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