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Cheapest Car Rental rents cars at the Chicago airport. The car rental market consists of two segments: the short-term segment, which rents for an average of 0.8 weeks, and the medium-term segment, which rents for an average of 2 weeks. Cheapest currently rents an average of 200 cars a week to the short-term segment and 100 cars a week to the medium-term segment. Approximately 20 percent of the cars returned (evenly distributed across both segments) are found to be defective and in need of repairs before they can be made available for rent again. The remaining cars, not needing repairs are cleaned, filled with gas, and made available for rent. On average, there are 92 cars waiting to be cleaned (or in the cleaning process). The average cost of this operation is $5 per car. Cars needing repair spend an average of two weeks out of service and incur an average cost of $150 per car. Assume that cars are rented as soon as they are available for rent, that is, as soon as they have been cleaned or repaired. Short term renters pay $200 per week (not $200 per rental - rental time is shorter than a week), while medium term renters pay $120 per week. Assume each car loses $40 in value per week due to depreciation. What is the average weekly profit rounded to the nearest whole dollar?
Evaluate two (2) key changes in the selected company's management style from the company's inception to the current day.
Describe the concept of analogical reasoning. Then, considering your last purchase decision, discuss how analogical reasoning could have helped you to improve your decision and increase your satisfaction with the product or service that you purchased..
Now modify this statement utilizing the concepts and strategies of the five practices of leadership.
Q: With unionization on the downturn, why should an organization in UAE be concerned about labor relations?
You and four other members of your team have been increasingly aware of personal disagreements and unspoken resentments among others on the team.
Albertsons plans to present sales for past 20 quarters in chart. Which of the charts would likely be most effective as showing trend in sales for company
Business Process Models and Strategy Analysis - You are a consultant who has been employed to advise LC on the effective implementation of these strategic changes.
Take an existing product/brand and critically evaluate the marketing strategy (including the current advertisement) for that product/brand.
Computers, Inc. has an employee who has special accommodation needs in order to perform her job. These special accommodations would cost Computers $10,000 to implement. The Americans with Disabilities Act (ADA) provides that an employer is required t..
What percentage of parts will not meet the weight specs? (Round your "z" value and final answer to 2 decimal places. Omit the "%" sign in your response.)
the stakeholder and customer didn’t ask for and doesn’t need. Is this a good practice from an economic perspective? Why?
Discuss layout and design configuration of building you would like to use to house your business, how you would comply with Americans with Disabilities Act.
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