Question

In: Advanced Math

A new type of fueling truck is under consideration for an airport on a resort island....

A new type of fueling truck is under consideration for an airport on a resort island. The company has been testing one alternative and feel it has the potential to significantly reduce fueling time while airplanes are at the airport’s one gate. With current equipment refueling requires 20 minutes. They estimate that the first fueling operation with this equipment will require 30 minutes. They hope, by spending the money for the new equipment, that within two weeks they will achieve a refueling time of 15 minutes – a 25% improvement on the current time. Assume 6 planes per day are schedule to arrive/depart from the island (7 days/week). All flights to and from the island are scheduled to arrive and depart between 6:00 am and 9:00 am.

a. Determine the learning rate required to achieve their objective.

b. If their learning rate is actually 92%, how many days will it take to get the refueling time below the 20 minutes required with the old system?

c. After 10 weeks with a learning rate of 92%, what would be the expected time to refuel planes with the new system?

d. What impact (if any) will this change have on the demand for fueling systems and the way they are scheduled?

e. What impact might this have on the scheduling of flights to/from this destination?

f. Assuming there’s demand for up to six additional flights in the scheduling window, what is the business case for purchasing this equipment?

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Expert Solution

A new type of fueling truck is under consideration for an airport on a resort island.  The company has been testing one alternative and feel it has the potential to significantly reduce fueling time while airplanes are at the airport’s one gate

Colby Messinger answered 4 months ago
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