Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the company’s new fleet of jet aircraft and a discount service using smaller capacity commuter planes. It is clear that the best choice depends on the market reaction to the service Myrtle Air offers. Management developed estimates of the contribution to profit for each type of service based upon two possible levels of demand for service to Myrtle Beach: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars):
Demand for Service
Service Strong Weak
Full price $960 -$490
Discount $670 $320
1. What is the decision to be made, what is the chance event, and what is the consequence for this problem?
2. How many decision alternatives are there?
Number of decision alternatives =
3. How many outcomes are there for the chance event?
Number of outcomes =
4. If nothing is known about the probabilities of the chance outcomes, what is the recommended decision using the optimistic, conservative, and minimax regret approaches?
a. Optimistic approach
b. Conservative approach
c. Minimax regret approach

Answers

Answer 1

here i attached the answer

Myrtle Air Express Decided To Offer Direct Service From Cleveland To Myrtle Beach. Management Must Decide
Answer 2

The decision to be made is the type of service to be provided. The chance event is the level of demand for the air service.

What is Air Service?

The services performed by an airline, as flights between various destinations to transport passengers, freight, and mail.

The decision to be made is the type of service to be provided. The chance event is the level of demand for the air service. The consequence can be considered as the amount of quarterly profit. Full price and discount price services are two decision alternatives. The number of outcomes for chance event is two, which are strong demand and weak demand.

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Related Questions

Please show your steps

Answers

Answer:

M of aftershock = 4.90

Step-by-step explanation:

5.6 = log(x/1)

[tex]10^{5.6} = 398107.1 \\[/tex]

1/5 * 398,107.1 = 79,621.4

[tex]10^{m} =[/tex] 79,621.4

m = log (79,621.4) = 4.90  

Can someone help me with this?

Answers

9514 1404 393

Answer:

CNBD -- using the given statement regarding perpendicularityΔLAW ≅ ΔWKL by ASA -- using the markings on the figure

Step-by-step explanation:

The given information tells us there is one congruent side in the two right triangles. That is not sufficient to claim congruence of the triangles.

  CNBD

__

The figure shows one congruent angle in addition to one congruent side, so the figures can be shown to be congruent using the ASA theorem.

  ΔLAW ≅ ΔWKL

_____

Additional comment

We don't know which answer is expected. You should discuss this question with your teacher, since it appears to be missing the statement that

  ∠ALW ≅ ∠KWL

If 25 burgers feed 15 kids how many burgers would feed 55 kids

Answers

Answer:

1375

Step-by-step explanation:

help me out, so I can confirm my answers...:)​

Answers

Answer:

Step-by-step explanation:

i) 18 - 2b = 5a

18 - 2b - 5a = 0

-2b -5a = -18

2b + 5a = 18

5a + 2b = 18

ii) 3a = 5b + 17

3a - 5b = 17

At this time x = 3, y = -5, c= 17

ax + by = c is equivelant to 3a -5b = 17

So another equation is:

3a - 5b = 17

Answer from Gauthmath

Step-by-step explanation:

18-2b=5a

we want to make 5a the subject so first we 5a to the left so our new equation is 5a+18-2b=0

then we move the 2b infront of the +18 so then our new equation is 5a+2b+18=0 then. we move the +18 to the other side to give 5a+2b=18

#include
using namespace std;
int main()
{
int x,y=0;
x=1123;
while (x!=0){
y+=x%10;
x/=10;
}
cout< }

Answers

Answer:

main aapki madad karna chahti hun per Mujhe Ae Jahan question Nahin Aata sorry I don't know

sorry dear friend

Step-by-step explanation:

ok I don't know

drag the tiles to the correct boxes to comlete the pairs.
not all tiles will be used.

match each quadratic equation with its solution set.​

Answers

Answer:

first tile: X²-55=9

second tile:2x²-32=0

third tile:4x²-100=0

fourth tile:x²-140=-19

Step-by-step explanation:

apply difference of two squares to all i.e (a+b)(a-b)=(a²-b²)=0

x²-55-9=0

x²-64=0

x-8,x+8=0

x=8,x=-8

2x²-32=0

divide through by two

x²-16=0

x=4,x=-4

4x²-100=0

divide through by 4

x²-25=0

x=5 or -5

x²-140=-19

x²-140+19=0

x²-121=0

x=11 or -11

The blueprints of a house have a scale factor of 30. If one side of the house measures 4 inches on the blueprint, how long is the actual side length (in feet)?

A. 7.5 feet
B.10 feet
C. 90 feet
D. 120 feet

Answers


c. 90 feet is the actual length

If the scale factor is 30, then all you have to do is multiply each measurement by the scale factor. In this case, 4 · 30 = 120.

Find the equation (in slope-intercept form) of the line with the given slope that passes through the point with the given coordinates.
slope:
3/2
ordered pair: (3, 1)

Answers

Answer:

y = 3/2x-2

Step-by-step explanation:

slope intercept form is

y = mx+b where m is the slope and b is the y intercept

y = 3/2x+b

Substitute the point in for x and y

1 = 3/2(2)+b

1 = 3+b

1-3 =b

-2=b

y = 3/2x-2

The family trip to Grandma's consisted of both a train ride and a car ride. The average speed of the train ride was 72 miles per hour, and the average speed of the car ride was 62 miles per hour. The entire trip lasted 6 hours.
Let x be the number of hours the train ride lasted. Write an expression for the total distance of the trip, in miles.

Answers

Answer:

432

Step-by-step explanation:

x=1hr (6x)=6hours x= 72 hours through train so (6x)=72x6=432

The family trip to Grandma's consisted of both a train ride and a car ride. The average speed of the train ride was 72 miles per hour, and the average speed of the car ride was 62 miles per hour. The entire trip lasted 6 hours.
Let x be the number of hours the train ride lasted. Write an expression for the total distance of the trip, in miles.
Answer-432

Mary takes out a loan for $6,000 at a simple interest rate of 12% to be paid back in 36 monthly instalments. What is the amount of her monthly payments?

Answers

Answer:

$199.29

Step-by-step explanation:

Total payments = $7,174.24

Total interest = $1,174.24

PLEASE I HAVE AN HOUR Why might you use the distributive property to simplify 3(30-2)

Answers

Well, it would make the computation a lot easier:
Without the distributive property:
3 ( 30 - 2 ) =
3 ( 28 ) =
84.
I’m going to assume that you don’t know 3 ( 28 ) right off of the top of your head, so you can do:
3 ( 30 ) - 3 ( 2 ) =
90 - 6 =
84.
This way is much easier and less time consuming because you can do this computation in your head.

What is the value of B|-|A|?

Answers

Answer:

B+A

Step-by-step explanation:

Find the axis of symmetry of the graph of
y = x2 + 2x + 2
A- x= 1
B- y=1
C- x= -1
D- y=-1​

Answers

Answer:

x = -1

Step-by-step explanation:

The graph's turning point is at ( -1 , 1 ), therefore the line of symmetry is at x = -1.

Answer: x = -1

Step-by-step explanation:

The formula to find the axis of symmetry in a function y = ax² + bx + c is:

[tex]x=\frac{-b}{2a}[/tex]

For y = x² + 2x + 2, where:

a = 1b = 2c = 2

The axis of symmetry would be:

[tex]x=\frac{-b}{2a} =\frac{-2}{2(1)} =\frac{-2}{2} =-1[/tex]

Whats the volume of this aquarium?
PLZ HELP!!

Answers

Find the lxwxh and then multiply all of them together and then u should get your answer

Large soda bottles are on sale three for six dollars. Sasha has eighteen dollars to spend on soda. How
many large bottles of soda can she buy?

Answers

Answer:

Sasha can buy 6 bottles of soda.

Step-by-step explanation:

6x2=18

3x2=6

Regression and Correlation are two of the most often used and abused tools in research.

a. True
b. False

Answers

Regression and Correlation are two of the most often used and abused tools in research.

A.True

Answer:

it is true

Step-by-step explanation:

Geometry something about chords but I don’t understand this whatsoever

Answers

Answer:

x = 5

Step-by-step explanation:

A radius is the distance from the center of a circle to the circumference (out edge) of a circle. Within the same circle, all radii are congruent. As per the given image, the radius of the circle is (5). As per its definition, the chord (a line in a circle that spans from one end of the circle to the other) with a measure of (x) is also another radius. Since all radii in a circle are congruent, (x) must also equal (5).

equation of a line with slope -1 and y intercept 0,-2

Answers

Answer:

y = - x - 2

Step-by-step explanation:

y=mx+b

m refers to slope

b refers to y intercept

y = (-1)x + (-2)

y = - x - 2

Answer:

y=-1x-2

Step-by-step explanation:

plug in the slop and y intercept to the equation y=mx+b

The triangle below is equilateral. Find the length of side
x in simplest radical form with a rational denominator.

Answers

Answer:  x = 10

===========================================================

Explanation:

Any equilateral triangle has all three angles of 60 degrees each. Splitting the triangle in half like this produces two identical copies of 30-60-90 triangles.

Any 30-60-90 triangle will have its hypotenuse twice as long compared to the short leg. The short leg here is 5 (it's opposite the smallest angle), so that doubles to 2*5 = 10 which is the value of x.

Note: the other side of this right triangle is 5*sqrt(3).

Answer:

x=10

Step-by-step explanation:

∵ Δ IS Equilateral.

∴ sides are equal.

perpendicular from vertex bisects it.

x=2×5=10

Trucks in a delivery fleet travel a mean of 120 miles per day with a standard deviation of 23 miles per day. The mileage per day is distributed normally. Find the probability that a truck drives less than 159 miles in a day. Round your answer to four decimal places.

Answers

Answer:

the probability that a truck drives less than 159 miles in a day = 0.9374

Step-by-step explanation:

Given;

mean of the truck's speed, (m) = 120 miles per day

standard deviation, d = 23 miles per day

If the mileage per day is normally distributed, we use the following conceptual method to determine the probability of less than 159 miles per day;

1 standard deviation above the mean = m + d, = 120 + 23 = 143

2 standard deviation above the mean = m + 2d, = 120 + 46 = 166

159 is below 2 standard deviation above the mean but greater than 1 standard deviation above the mean.

For normal districution, 1 standard deviation above the mean = 84 percentile

Also, 2 standard deviation above the mean = 98 percentile

143 --------> 84%

159 ---------> x

166 --------- 98%

[tex]\frac{159-143}{166-143} = \frac{x-84}{98-84} \\\\\frac{16}{23} = \frac{x-84}{14} \\\\23(x-84) = 224\\\\x-84 = 9.7391\\\\x = 93.7391\ \%[/tex]

Therefore, the probability that a truck drives less than 159 miles in a day = 0.9374

There are five cities in a network. The cost of building a road directly between i and j is the entry ai,j in the matrix below. An infinite entry indicates that there is a mountain in the way and the road cannot be built. Determine the least cost of making all the cities reachable from each other.

0 3 5 11 9
3 0 3 9 8
5 3 0 [infinity] 10
11 9 [infinity] 0 7
9 9 10 7 0

Answers

Solution :

Given :

There are five cities in a network and the cost of [tex]\text{building}[/tex] a road directly between [tex]i[/tex] and [tex]j[/tex]  is the entry [tex]a_{i,j}[/tex]

[tex]a_{i,j}[/tex]  refers to the matrix.

Road cannot be built because there is a mountain.

The given matrix :

[tex]\begin{bmatrix}0 & 3 & 5 & 11 & 9\\ 3 & 0 & 3 & 9 & 8\\ 5 & 3 & 0 & \infty & 10\\ 11 & 9 & \infty & 0 & 7\\ 9 & 8 & 10 & 7 & 0\end{bmatrix}[/tex]

The matrix on the left above corresponds to the weighted graph on the right.

Using the [tex]\text{Kruskal's algorithm}[/tex] we can select the cheapest edge that is not creating a cycle.

Starting with 2 edges of weight 3 and the edge of weight 5 is forbidden but the edge is 7  is available.

The edge of the weight 8 completes a minimum spanning tree and total weight 21.

If the edge of weight 8 had weight 10 then either of the edges of weight 9 could be chosen the complete the tree and in this case there could be 2 spanning trees with minimum value.

the diameter of a circle is 8 cm what is its area?

Answers

A = πr^2 and d = 2r.

So r = 8/2 = 4 cm.

Now use the first formula

A = π(4 cm)^2 = 50.265 cm^2

In a study of 806 randomly selected medical malpracticeâ lawsuits, it was found that 513 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. What is the hypothesis test to beâ conducted?

Answers

Solution :

[tex]$H_0: p = 0.5$[/tex]

[tex]$H_a: p > 0.5$[/tex]

Alpha, α = 0.01

The sample proportion is :

[tex]$p'=\frac{x}{n}$[/tex]

   [tex]$=\frac{513}{806}$[/tex]

   = 0.636

Test statistics, [tex]$z=\frac{p'-p}{\sqrt{\frac{pq}{n}}}$[/tex]

[tex]$z=\frac{0.636-0.5}{\sqrt{\frac{0.5\times 0.5}{806}}}$[/tex]

[tex]$z=\frac{0.136}{0.0176}$[/tex]

z = 7.727

The p value = 0.00001

Here we observe that p value is less than α, and so we reject the hypothesis [tex]H_0[/tex].

Therefore, there is sufficient evidence,

find the value of n . 80×π×n=1100000​

Answers

Answer:

110000/8π

Step-by-step explanation:

Divide 1100000 by 80 and cancel 0. Then divide pi

Write an equation and solve it to answer each question. A pile of 55 coins consisting of nickels and dimes is worth $3.90. Find the number of each. I only need the equation plz. WILL MARK BRAINLIEST.

Answers

Answer:

0.05x + 0.1(55 - x) = 3.9

Step-by-step explanation:

There are 55 coins.

Let x = number of nickels.

The number of dimes is 55 - x.

The value of a nickel is $0.05, and the value of a dime is $0.10.

The value of x nickels is 0.05x

The value of 55 - x dimes is 0.1(55 - x)

The total value of the coins is 0.05x + 0.1(55 - x)

The total value of the coins is $3.90

0.05x + 0.1(55 - x) = 3.9

Rachael needs to rent a car while on vacation. The rental company charges $17.95, plus 19 cents for each
mile driven. If Rachael only has $40 to spend on the car rental, what is the maximum number of miles she
can drive?

Answers

Answer:

116 miles

Step-by-step explanation:

We can solve this by first writing an equation for the cost of the car rental. To begin, the base cost is $17.95, so any further costs must be added to that. Next, the car costs 19 cents (0.19 dollars) for each mile driven, so for each mile, we add 19 cents. This can be written as 0.19 *x if x represents the amount of miles driven. Therefore, we can add the two input costs of the car (the base cost and cost per mile) to get

17.95 + 0.19 * x = total cost.

After that, we want to maximize x/the number of miles with only 40 dollars. We can do this by setting this equal to the total cost, as going over the total cost is impossible and going under would be limiting the amount of miles (this because we are adding money for each mile, so more money means more miles). Therefore, we have

17.95 + 0.19 * x = 40

subtract 17.95 from both sides to isolate the x and its coefficient

22.05 = 0.19 * x

divide both sides by 0.19 to isolate x

22.05/0.19 = x = 116.05

The question asked us to round down, and 116.05 rounded down is 116 for our answer

What is tan 30°?
60
2
1
90°
30"
V3
O A.
B. 1
O c. 2
O D. 7/ 룸
O E
1 / 3
Eg
O E

Answers

Answer:

Hello,

What is tan 30°?

[tex]tan(30^o)=\dfrac {\sqrt{3} }{3}[/tex]

Step-by-step explanation:

[tex]sin(30^o)=\dfrac{1}{2} \\\\cos(30^o)=\dfrac{\sqrt{3} }{2} \\\\\\tan(30^o)=\dfrac{sin(30^o)}{cos(30^o)} \\tan(30^o)=\dfrac{\dfrac{1}{2} } { \dfrac{\sqrt{3} }{2} }\\\\ =\dfrac {1*2}{2*\sqrt{3} }\\\\ =\dfrac {\sqrt{3} }{3}[/tex]

The value of tan 30° is 1/√3

What is tangent of an angle?

The tangent of an angle is the ratio of the length of the opposite side to the length of the adjacent side.

In other words, it is the ratio of sine and cosine function of an acute angle such that the value of cosine function should not equal to zero.

Tan 30° = sin 30° / cos 30°

We know that, sin 30° = 1/2

cos 30° = √3/2

Therefore,

Tan 30° = 1/2 ÷ √3/2

Tan 30° = 1/2 x 2/√3

Tan 30° = 1/√3

Hence, the value of tan 30° is 1/√3

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The curve y=2x^3+ax^2+bx-30 has a stationary point when x=3. The curve passes through the point (4,2).

(A) Find the value of a and the value of b.

#secondderivative #stationarypoints


Answers

A stationary point at x = 3 means the derivative dy/dx = 0 at that point. Differentiating, we have

dy/dx = 6x ² + 2ax + b

and so when x = 3,

0 = 54 + 6a + b

or

6a + b = -54 … … … [eq1]

The curve passes through the point (4, 2), which is to say y = 2 when x = 4. So we also have

2 = 128 + 16a + 4b - 30

or

16a + 4b = -96

4a + b = -24 … … … [eq2]

Eliminate b by subtracting [eq2] from [eq1] and solve for a, then for b :

(6a + b) - (4a + b) = -54 - (-24)

2a = -30

a = -15   ===>   b = 96

Can you please me with the word problem thank you so much

Answers

Answer:

4. 53

5. 66

6. 89

7. 31

Step-by-step explanation:

4.  14 + 18 + 21

     ^      ^

        33 + 21

            53

5.  86 - 20

        66

6.  34 + 55

        89

7.  14 + 11 + 6

     ^     ^

      25 + 6

          31

WILL MARK BRAINLIEST PLEASE SHOW WORK!

Answers

Step-by-step explanation:

4. the area of semi circle R =

3²/5² × 75π = 9/25 × 75π = 27π cm²

5. the ratio of their areas = 1²:7² = 1:49

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