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 how hamburger should be cooked

Recently, to broaden its appeal, Food Fare added barbecue, seafood and steak to its menu. Required For each case, classify important structural cost drivers for business and related strategic issues that it should address to be competitive. Explai..

  Based on what you discovered in the e-activity

Based on what you discovered in the e-Activity, discuss how managers could best leverage the Federal Registry's Website. Provide specific examples to support your response

  Connie was employed by the beaufort distributing company

Connie was employed by the Beaufort Distributing Company. She worked at an off site location keeping track of the inventory in that facility.

  Creating a gantt chart

A project requires completion of activities A, B, C, D, E, F, G, H, I and J.Additionally, there are two other logic relationships. Activity ‘H' can start only after 3 days have elapsed following the completion of activity ‘E'.

  Illustrate strategy would you recommend for organization

Illustrate what strategy would you recommend for the organization you chose depended on recent trends also changes. Explain how can these strategies improve which organization's image as a "corporate citizen" within the community.

  What does use of the term sales

the naive approach, a weighted average using .60 for august, .30 for july, and .10 for june. which method seems least appropriate. what does use of the term sales rather than demand presume?

  Determine the best time to promote

When is the best time to promote? Is there seasonality in the market? Are there any wider environmental issues that suggest or dictate the timing of your market launch, or the timing of subsequent promotions?

  Find out the annual holding costs

The cost to place also process an order from the supplier is $75. The organization operates 300 days per year also the lead-time to receive an order from the supplier is 8 working days. Find out the economic order quantity. Find out the annual hol..

  Final tax legislation involves compromising divergent points

Final tax legislation involves compromising divergent points of views and therefore it is easy searching for a consistent economic rationale within prevailing tax codes

  Which must occur in order for mbo to be successful

Managers also employees jointly set objectives also develop action plans also goal achievement is evaluated on an annual basis. High Fence is missing which major activity which must occur in order for MBO to be successful.

  Determine the expected number of nonconforming units

Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000

  Explain how many seats should super discount overbook flight

Airline knows from past history that an average of 25 customers cancels ir reservation or do not Show for flight. Revenue from a ticket flight is $125. By explain how many seats should super discount overbook flight.

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