logo Use SA10RAM to get 10%* Discount.
Order Now logo

Ask This Question To Be Solved By Our ExpertsGet A+ Grade Solution Guaranteed

expert
Ray BjorkCriminology
(5/5)

610 Answers

Hire Me
expert
Ernest BanisterComputer science
(5/5)

611 Answers

Hire Me
expert
George RoperData mining
(5/5)

564 Answers

Hire Me
expert
Jax MahoneySocial sciences
(5/5)

996 Answers

Hire Me
Operations Research
(5/5)

Four aeroplanes had been leased by the company “Northwest Commuter”.

INSTRUCTIONS TO CANDIDATES
ANSWER ALL QUESTIONS

Airline Scheduling: Four aeroplanes had been leased by the company “Northwest Commuter”. The leasing cost for each aeroplane is $30,000 per day. At the end of the day, an aeroplane might remain in the city where it landed on its last flight. Another option is to fly empty overnight to another city to be ready to start a flight from there the next morning. The cost of this latter option is $5,000. The following table shows the 22 possible flights that are being considered for the coming year.

 The last column gives the estimated net revenue (in thousands of dollars) for each flight, given the average number of passengers anticipated for that flight.

Identify the most profitable combination of flights (including some new ones) for the coming year that could feasibly be flown by the four aeroplanes. To simplify the analysis, assume for now that there is virtually no turnaround time between flights, so the next flight can begin as soon as the current flight ends. If an immediate next flight is not available, the aeroplane would wait until the next scheduled flight from that city.

 

 

Please refer to the above case: titled "Airline Scheduling". Analyse the decision problem in the case and prepare a handwritten report presenting your findings and recommendations.

Include the following items in your report:

 

Formulation of the decision problem.

Develop a spreadsheet model of the formulated problem and submit the softcopy to the MBA office.

Consider having each of the four aeroplanes carry freight instead of flying empty if it flies overnight to another city to be ready to start a flight from there the next morning. Instead of a cost of $5,000, this would result in net revenue of $6,000. Adapt the spreadsheet model to find the feasible combination of flights that maximizes the total profit.

 

(5/5)
Attachments:

Related Questions

. The fundamental operations of create, read, update, and delete (CRUD) in either Python or Java

CS 340 Milestone One Guidelines and Rubric  Overview: For this assignment, you will implement the fundamental operations of create, read, update,

. Develop a program to emulate a purchase transaction at a retail store. This  program will have two classes, a LineItem class and a Transaction class

Retail Transaction Programming Project  Project Requirements:  Develop a program to emulate a purchase transaction at a retail store. This

. The following program contains five errors. Identify the errors and fix them

7COM1028   Secure Systems Programming   Referral Coursework: Secure

. Accepts the following from a user: Item Name Item Quantity Item Price Allows the user to create a file to store the sales receipt contents

Create a GUI program that:Accepts the following from a user:Item NameItem QuantityItem PriceAllows the user to create a file to store the sales receip

. The final project will encompass developing a web service using a software stack and implementing an industry-standard interface. Regardless of whether you choose to pursue application development goals as a pure developer or as a software engineer

CS 340 Final Project Guidelines and Rubric  Overview The final project will encompass developing a web service using a software stack and impleme

Get Free Quote!

345 Experts Online