What is the implied price elasticity of customers

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1. When using resource-constrained scheduling, activities that were once scheduled to be completed at the same time now may have to be scheduled in sequence. What are the "rules of thumb" or heuristics that need to be followed to determine which activity is scheduled first?

2. Assume that is cost Hertz $20 a day for every car in rents out, regardless of model. What is the implied price elasticity of customers for each of the seven car types listed in the table.

Economy $53.99

Compact $55.99

Mid-size $60.99

Standard $63.99

Full size $69.99

Premium $89.99

Luxury $99.99

Reference no: EM131731679

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