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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 15) cancel their reservation or do not show for the flight. Revenue from a ticket on the flight is $125. 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 $250. 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?
Define cultural products, and give three examples of them. Identify how cultural products are considered in the development of a strategic plan.
Describe the differences between productivity and its subcomponents (total measure productivity, partial measure productivity
A company must chose between two shipping alternatives two day freight and five day freight. Using five day freight would cost $135 less than using two day freight.
Welch Business is considering 3 independent projects, each of which requires $5 million investment. Approximated internal rate of return IRR and cost of capital for se projects are presented below. Illustrate what will its payout ratio be.
Discuss the problems posed by commercial piracy. Explain how an international strategy would take this into account
Find one scholarly journal article reporting on one or more of the following techniques: business/predictive analytics, dashboards, decision support systems, supply chain management.
Discuss how transportation managers should be involved with or operations of firm. Please support your answer with an example.
Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days.
If you want your audience to agree to a specific course of action, should you exclude any references to alternatives that you don't want audience to consider. Explain why or explain why not.
Due to the physical separation of these 2 steps, an additional delay of 0.5 days is allowed for transportation. If daily demand = 13 units, Elucidate what is the production. Lead Time between Steps 1 also 2.
Discuss the use of language in a written report. Consider word choice, sentence structure, writing style and other writing components
If a worker takes 60hours for which standard time is 75hours, then what will be his income in haley plan and rowan plan ? His hourly wage rate is rs
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