Question

In: Statistics and Probability

a review of an airlines operation revealed that historically the airline had an average of 6.42...

a review of an airlines operation revealed that historically the airline had an average of 6.42 mishandled bags per 1.000 passengers . " A mishandled bag" is luggage that was sent together with the passengers plane . it was either lost or arrived late.
a. what is the chance that for the next 2000 passengers , the airline will have more than 11 mishandled bags ?
b. after a consulting company evaluated the airlines operations the airline overhauled its bag monitoring computer system. as a result the number of mishandled bag per 1000 passengers decreased by %30 . given that computer system what is the probability that for the next 3000 passengers the airline will have fewer than 10 mishandled bags ?

Solutions

Expert Solution

Hope this was helpful. Please leave back any comment.


Related Solutions

A review of an airline operations revealed tat, historically, the airline had an average of 6.42...
A review of an airline operations revealed tat, historically, the airline had an average of 6.42 mishandled bags per 1.000 passengers. A mishandled bag is luggage that was not sent the passengers plane. It was either lost or arrived late. a)What ise the chance that for the next 2.000 passengers,the airline will have more than 11 mishandled bags is? b)After a consulting company evaluated the airlines operations, the airline overhauled its bag- monitoring compute system. As a result the number...
a review of an airlines operations revealed that historyically the airline had an average of 6.42...
a review of an airlines operations revealed that historyically the airline had an average of 6.42 mishandled bags per 1000 passengers. a. what is the chance that for the next 2000 passengers the airline will have more than 11 mishandled bags? b. after a conuslting company evaluated the airlines operations the airline overhauled its bag-monitoring computer system. as a result the number of mishandled bags per 1000 passengers decreased by 30%. what is the probability that for the next 3000...
a rewiw of anairline s operations revealed that historicall the airline had an average of 6.43...
a rewiw of anairline s operations revealed that historicall the airline had an average of 6.43 mishandled bags per 1,000 passengers. a mishandled bag is luggage that was not send together with the passenger s plane it was either lost or arrived late a) what is the chance that for the next 2,000 passengers the airline will have more than 11 mishandled bags? the chance that for the 2000 pazsengers the airline will have more than 11 misshandle bags is?...
Briefly review the history of government economic regulation of airlines worldwide. What effect has liberalization had...
Briefly review the history of government economic regulation of airlines worldwide. What effect has liberalization had on prices and quantity of airline travel?
Do a case study of Northeastern Airlines. Northeastern Airlines is a regional airline serving nine cities...
Do a case study of Northeastern Airlines. Northeastern Airlines is a regional airline serving nine cities in the New England states as well as cities in New York, New Jersey, and Pennsylvania. While nonstop flights are available for some of the routes, connecting flights are often necessary. Northeastern Airlines Service Area The network shows the cities served and profit in U.S. dollars per passenger along each of these routes. The routes from ?Boston-to-Providence and from Providence-to-Boston make only $ 9...
How can capacity and utilization be measured at an airline such as Southwest Airlines?
How can capacity and utilization be measured at an airline such as Southwest Airlines?
US airlines – Case Study The United States Airline Industry The U.S. airline industry has long...
US airlines – Case Study The United States Airline Industry The U.S. airline industry has long struggled to make a profit. Analysts point to a number of factors that have made the industry a difficult place in which to do business. Over the years, larger carriers such as United, Delta, and American have been hurt by low-cost budget carriers entering the industry, including Southwest Airlines, Jet Blue, AirTran Airways, and Virgin America. These new entrants have used nonunion labor, often...
What is the nature of costs in the airline industry and how can airlines manage or...
What is the nature of costs in the airline industry and how can airlines manage or reduce their costs?
Consider the market for airline tickets. For the purpose of answering this question, suppose the airlines...
Consider the market for airline tickets. For the purpose of answering this question, suppose the airlines are perfectly competitive. Demand for airline tickets is given by Qd=3600-1000P and supply is given by Qs=500P Draw a diagram of this market, where the horizontal axis is total miles flown in a year, and the vertical axis is price per mile. Show the effect on this market of providing a subsidy of $1 a mile on the producer. Label the diagram and identify...
DirectJet Airline is a major carrier in the US and has an extensive network of operation....
DirectJet Airline is a major carrier in the US and has an extensive network of operation. DirectJet has borrowed $1,228.92 million from a local bank to expand its fleet of B787s. DirectJet will pay back this loan with payments of $200 million per year for 10 years. Assume that DirectJet Airline pays $500 million at the end of 10 years in addition to annual payments of $200 million. a-)Draw cash-flow diagram. b-)Find PW when MARR = 12%. Is this project...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT