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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?
Illustrate what is the possible daily output of this "process" if 8 hours of processing time is available each day. Given your output in part a, illustrate what is the efficiency of the process.
What strategies should an epidemiologist use to ensure that the community remains safe by reducing the spread of a possible outbreak? List the last three major contaminations
Compute average cycle time also normal time for each element. Then, calculate standard time for entire task. Decision Science Institute (DSI) promotes its annual national conference by mailing thousands of letters to various recipients.
Jim Costanzo is a new manager with Dell Computers. He believes which each employee in his division must receive instructions about a particular operation from only one person in order to avoid conflicting instructions also any confusion.
Should China revalue the yuan against the dollar? Why or why not? If so, describe what impact this might have on (1) U.S. balance of payments
A manufacturing plant runs three shifts with no breakdowns and plenty of raw materials. Over the past week, the plant has produced an average of 9 tons per day since the third shift has devoted much of their time to preventive maintenance
Compute the multifactor productivity before and after purchasing the new equipment. Use labour cost and overhead cost to derive multifactor productivity.
From reviewing historical information, you know which approximately 70percent of the patients will be on diets which allow brownies. Of those, 85percent will likely select the brownies. Approximately explain how many brownies should be forecast.
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
The new process would have fixed costs of $90,000 also variable costs of $5. Illustrate what is the crossover point for these processes.
Imagine one real-life example of each: a multi-file volume also a multi-volume file. Include a description of media used for storage also a general description of data in file.
A service garage uses 120 boxes of cleaning cloths per year. Boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on annual basis. What is annual cost of ordering and carrying cloth.
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