The cost per seat-mile on a major U.S. airline is 24.1 cents. In order to estimate...

The cost per seat-mile on a major U.S. airline is 24.1 cents. In order to estimate the cost of flying a passenger from Pensacola, FL, to Denver, CO, we should multiply 1,184 miles by 24.1 cents.

Do you agree or disagree? Explain your reasoning.

What would you suggest to estimate the cost of a flight?

Expert Solution

The cost per seat-mile on a major U.S. airline is 24.1 cents. In order to estimate the cost of flying a passenger from Pensacola, FL, to Denver, CO, we should multiply 1,184 miles by 24.1 cents.

Do you agree or disagree? Explain your reasoning.

What would you suggest to estimate the cost of a flight?

Answer:-

No I disagree with that.

Clarification:

Cost per situate mile is unit of expense if there should arise an occurrence of travelers conveying business. It resembles item cost if there should arise an occurrence of assembling elements. Cost per situate mile is determined to settle ticket cost to be charged from travelers voyaging. Net revenue is added to cost per situate mile to settle cost.

Cost of flight should be ascertained by adding together all variable costs like fuel, foodings etc and fixed costs like salaries of pilots and co pilots and staff ought to be added to discover cost of flight.

please do rate my answer:...…….

ekkarill92 answered 1 year ago

cost per available seat mile Break-even load factor = ?????????? ?????? ?????????????????? ???????? 2. Given total...

cost per available seat mile Break-even load factor = ?????????? ?????? ?????????????????? ???????? 2. Given total operating cost of $1.6 million and 8.5 million available seat miles, calculate the cost per available seat mile (CASM). 3. What is the break-even load factor if CASM is $0.21 and the fare is $0.35 per mile? For this calculation, the yield is the same as the fare.

The table below shows that costs per mile (in cents) for a sample of automobiles. Small...

The table below shows that costs per mile (in cents) for a sample of automobiles. Small sedan Medium sedan Large sedan SUV 4WD Minivan 43 67 64 87 66 41 49 73 66 76 49 63 83 75 59 54 59 75 78 51 46 64 80 70 52 72 Use the one-way ANOVA test in Excel to complete the following table (round decimals to three decimal places) ANOVA Source of Variation SS df MS F P-value F crit Between...

Using SPSS!!! ONY SPSS 13. The table shows the costs per mile (in cents) for a...

Using SPSS!!! ONY SPSS 13. The table shows the costs per mile (in cents) for a sample of automobiles. At α = 0.01, can you conclude that at least one mean cost per mile is different from the others? Small Sedan Medium Sedan Large Sedan SUV 4WD Minivan 41 65 60 79 64 39 47 69 58 74 47 61 79 67 57 52 57 71 70 49 44 62 76 68 50 68

In order to estimate the Mean weight of carry-on luggage, an airline selected and weighed, a...

In order to estimate the Mean weight of carry-on luggage, an airline selected and weighed, a random sample of 25 pieces of carry-on luggage. The sample mean was 32 pounds with a sample standard deviation of 9 pounds. Compute and explain a 90% confidence interval estimate of the population mean weight of all carry-on luggage.

If soda is packaged in bottles, the production cost per unit is 40 cents, the chance...

If soda is packaged in bottles, the production cost per unit is 40 cents, the chance of an accident is 1 in 100,000, and the loss if an accident occurs is $10,000. The expected accident loss per unit is 10 cents, that is 1/100,000 x $10,000. If soda is packaged in cans, the production cost is 43 cents, the chance of an accident is 1 in 200,000, the loss if an accident occurs is $4,000, and the expected accident loss...

A mail-order house uses 15,950 boxes a year. Carrying costs are 69 cents per box a...

A mail-order house uses 15,950 boxes a year. Carrying costs are 69 cents per box a year, and ordering costs are $100. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.40 2,000 to 4,999 1.30 5,000 to 9,999 1.20 10,000 or more 1.15 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) b. Determine the number of orders per year. (Round your answer to 2 decimal places.)

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a...

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering cost are $96. the folling price schedule applies. Number of boxes Price per box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 A. What is the maximum level of inventory the company would have to plan for? B. what is the average level of inventory the company would have to plan for? C....

1. L. F. Gilbreath, the vice president of human resources for a major U.S. airline, wants...

1. L. F. Gilbreath, the vice president of human resources for a major U.S. airline, wants to compare four programs for training employees to perform a certain task. Twenty employees are randomly assigned to the training programs, with five in each program. At the end of the training period, the number of times each employee can perform the task in a five-minutes period is recorded as follows: PROGRAM 1 PROGRAM 2 PROGRAM 3 PROGRAM 4 9 10 12 9 12...

A manufacturer of car transmissions wants to develop a cost estimate for a customer’s order for...

A manufacturer of car transmissions wants to develop a cost estimate for a customer’s order for 25 transmissions. It is estimated that the first transmission will take 100 hours of shop time and an 80% learning curve is expected. Using the learning curve tables:- a. How many labour-hours should the 25th transmission require? [5 marks] b. How many labour-hours should the whole order for 25 transmission require? [5 marks] c. If the labour hour rate is $50 per hour and...

Annual demand is 12500 units, cost per order is $60 and carrying cost per unit as...

Annual demand is 12500 units, cost per order is $60 and carrying cost per unit as a percentage is 8%. The company works 50 weeks a year; the lead-time on all orders placed is 5 weeks. Assuming constant lead-time demand, and a unit cost of $40 what is the economic order quantity? What is the reorder point. If lead-time demand shows variability that follows a normal distribution with a mean μ =280 and a standard deviation σ =20, what will...

Question