The JET Copies assignment is similar to the Bigelow Manufacturing Company machine breakdown example in the textbook. Hence the example was used as a guide. Days to Repair Simulation Process In simulating the number of days to repair‚ first a table was created based on the information given in the Repair time and Probability information table as found in the case. The created table was defined as “Lookup” in the array information for VLookup function in Microsoft Excel. Next‚ based on the probability
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Jet 2 Task 2 1. There are a few areas of concern with the Budget that Competition Bike‚ Inc. has displayed within their budget for year 9. The most prominent area of concern in is in the Revenue section of the budget. In the budget for year 9‚ Competition has included units sold to be 3510. This is a lofty prediction given that year 8 had seen such a big decline in that number. In year 8‚ Competition sold 3400 units‚ but the previous year had sold around 4000 units‚ a 15 % decline. The company
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Jet Copies Case Problem Shelandria Jones Strayer University MAT 540-Quantitative Methods Dr. Raymond Ottinot February 5‚ 2013 Introduction Jet Copies is a business venture of a couple of young men who had the insight to open up a copy business. James Ernie and Terri received a loan from Terri’s parents of $18‚000. Due to information they have received the large copier they purchased has a history of breakdowns often for a few days. So the three guys are looking into possibly getting
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Case 3: Jet Blue 1. What are key forces in the general and industry environments that affect JetBlue’s choice of strategy? Key forces that affect JetBlue’s choice are‚ for the low-cost airline industry‚ new entrants with more commercial experience might be the central issue. Sometimes‚ global forces are driving the way competitiveness is established in the low-cost airline industry such as the rising oil prices which are forcing some of the airlines to increase their charges. Understanding
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tremendously as people are afraid to fly even 7 years later • Security- Due to the attacks of September 11th airlines have had to increase security which is absorbed by the airline • Price of fuel- Along with the price of unleaded gasoline‚ the price of jet fuel has also sky rocketed I believe that JetBlue is one of the few airlines that have continued to earn a profit while maintaining/increasing its customer following. The company is doing everything that it needs to do to stick to its mission of
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just outside with Jensen by my side. The thunder storm roars above us as it prepares to rain down upon us again‚ but that’s not what baffles me. There’s an extremely high pitch zipping sound in the air and it’s nothing like I’ve ever heard before. Jet carriers are the source of the strange sound as they zoom at impossible speeds above us. The carriers are a streak of black on the city and what I can make out; they’re nothing like the carriers I’m used to. Normal carriers begin to land on the roofs
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individual customer. 4.Deliver low cost and maximize margins * Focus on fuel conservation. * Own family of aircraft which is cheaper to operate. Strategic Evaluation - Situation Analysis SWOT ANALYSIS STRENGTHS * Low Pricing - Easy Jet ’s strategy is growth with margin improvement and therefore the management team continually
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APPLICATION OF COMPUTERS Computer technology has made several important impacts on our society. Today computer is playing very important role in every field of life. Many activities in daily life can be performed very easily and quickly. A lot of time is saved and overall cost is reduced to solve a particular problem. Many fields where computer are widely used 1- Business Today‚ in global markets‚ it is impossible to run the business without the use of computer technology. Many business
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Jet Copies DAYS TO REPAIR The days to repair component was calculated by using the probability distribution of repair times given. This was used along with a set of random numbers based on 100 breakdowns a year. Then‚ a vlookup was used and the probability distribution per day to come up with the days to repair‚ which varies based on the random number that excel generates. The random number represents the probability of how many days it would take to repair the copier. TIME BETWEEN BREAKDOWNS
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in the Jet Blue case was former CEO David Neeleman. He was the person who started Jet Blue and formed it to become a low cost airline provider‚ providing luxury and comfort and destinations to various cities at a low affordable cost. He understood how to cut cost and keep operating expenses low‚ and as a result Jet Blue had rapid expansion and flew to 53 destinations in 21 states‚ including Mexico‚ Puerto Rico‚ and the Caribbean. Up until 2007‚ when David Barger took over‚ Neeleman made Jet Blue prosperous
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