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Updated on: 23 Jan 2024, 22:23
Originally posted by Sajjad1994 on 06 Sep 2020, 00:39.
Last edited by Sajjad1994 on 23 Jan 2024, 22:23, edited 6 times in total.
Last edited by Sajjad1994 on 23 Jan 2024, 22:23, edited 6 times in total.
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Dropdown 1: EU, Far East, and Regional
Dropdown 2: 1:14
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
52% (01:57) correct
48%
(02:00)
wrong
based on 894
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The pie chart below illustrates the distribution of passenger revenue across different regions served by a South Asian airline. The airline operates an equidistant number of flights to each region, and the cost per flight remains consistent across all routes. The airline has been experiencing financial losses over the past few years.
I. Assuming that the airline has the option to suspend up to three routes in order to mitigate the financial losses, it would be preferable to suspend the routes..
II. The ratio of the revenue of the most costly route to the least costly route is .
1.jpg [ 47.03 KiB | Viewed 7719 times ]
I. Assuming that the airline has the option to suspend up to three routes in order to mitigate the financial losses, it would be preferable to suspend the routes..
II. The ratio of the revenue of the most costly route to the least costly route is .
Attachment:
1.jpg [ 47.03 KiB | Viewed 7719 times ]
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Dropdown 1: EU, Far East, and Regional
Dropdown 2: 1:14
06 Sep 2020, 13:39
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1. C) Regional, Far East, EU (These 3 make least revenue but airline operate equal no. of flights with equal CPF)
2. D) 1/14 (Regional to KSA )
2. D) 1/14 (Regional to KSA )
18 Sep 2020, 05:02
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1. Suppose the airline can suspend a maximum of three routes to deal with the losses, it would preferably end its______________ three routes.
Answer C. More passanger, less loss & less passanger more loss since operating cost is same
2. The ratio of the revenue of the most costly route to the least costly route is____________.
Ans D: Passanger revenue will be more hence the flight will be cheap KSA is least costly; if passanger revenue is less flight will be costly. Regional is most costly: 2:28::1:14
Answer C. More passanger, less loss & less passanger more loss since operating cost is same
2. The ratio of the revenue of the most costly route to the least costly route is____________.
Ans D: Passanger revenue will be more hence the flight will be cheap KSA is least costly; if passanger revenue is less flight will be costly. Regional is most costly: 2:28::1:14
