OPEARATIONS MANAG.REV CUSTOM 2017
OPEARATIONS MANAG.REV CUSTOM 2017
17th Edition
ISBN: 9781323590058
Author: Pearson
Publisher: PEARSON C
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Chapter 5, Problem 4P
Summary Introduction

To determine: Conduct an interview with a prospective purchaser of a new bicycle and translate the customer wants into specific how’s of the firm.

Introduction: Interview and surveys from customers are very important for a company to get an insight about their customers’ views. It must be carried periodically for every product which helps them to raise the standards of sales.

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Question 2 "In air cargo revenue management, for every flight we operate, we first must forecast the capacity so we can understand how much space we can sell. Unlike on the passenger side where the number of seats is rather standard, the cargo capacity will vary based on the route, the aircraft, the number of passengers, the number of bags passengers are carrying and other metrics." Karri Kauppi, Head of Cargo Revenue Management & Pricing, Finnair Source: The Complexities of Air Cargo Revenue Management https://www.kambr.com/articles/the-complexities-of-air-cargo-revenue-management (a) According to Karri Kauppi, cargo revenue management (CRM) is complex. The first thing in CRM is to forecast the air cargo capacity which would depend on factors e.g. the route, the aircraft, the number of passengers, the number of bags and other metrics. Appraise how Karri practises CRM in forecasting air cargo capacity and pricing available cargo space for sale in order to maximize profitability.…
Question 5. Describe the concept of measurement level and the four different levels of scale measurement?
QUESTION 2 A company charts the deviations in size for manufacturing various parts. What is the purpose of this type of viz? O Comparison O Correlation O Distribution O Trend Evaluation
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