Decision Making and relevant factors: You have an opportunity to choose a flight for your upcoming...

Decision Making and relevant factors:

You have an opportunity to choose a flight for your upcoming spring break trip to Hawaii. After a lot of thought and research, you have narrowed your options to four different flights. If there are no delays, each should you to your destination on time. It is important to arrive on tim, since you have to meet a but at a specific time to take you and other students to your final destination. If any of the flights are late, arranging for alternative transportation will be difficult. Basic info. About each flight is as follow:

	Flight 1	Flight 2	Flight 3	Flight 4
Base Price	$300	$400	$500	$600
Flight Time and Connections	12hrs/3	6hrs/2	5hrs/1	3hrs/direct
first class upgrade	NA	$250	$200	$300
Meals (airport and plane)	$30	$15	$10	included in fare
wireless internet access	NA	$20	$25	included in fare
Beverages	$10	$10	$10	included in fare
Total Price all options	$340	$695	$745	$900

What are the relevant factors affecting your choice of flight? Explain.

Expert Solution

The restricting factor in the given situation is that it is important to reach on time in order to catch the bus at particular time. Hence, the relevant factor is Flight time and connections.

On comparison of the duration, flight 1 takes 12 hours whereas flights 2, 3 and 4 take 6, 5 and 3 hours respectively. If we consider flight 2 better than flight 1, flight 1 has 3 connections points whereas flight 2 has only 2. Flight 3 takes further less time to reach but only 1 connection point. Flight 4 takes 3 hours but there is a connecting flight again (implying that there is a single connection point).

We should also compare the costs of each flight and the further connection before making the decision. Flight 1 has the most economical price.

However, in the given situation, as price and other factors are not limiting factors, Flight time and connections is the most limiting factor and relevant factor for decision making.

ekkarill92 answered 1 month ago

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