Step 1 understand the problemexplain in your own words what, Ask an Expert

Management Studies

Step 1: Understand the problem.

Explain in your own words what the question is asking for.

Explanation: The question is essentially asking how much the shuttle company makes in a day (per shuttle), based on the information provided. Often, it is helpful to list out all the essential pieces of information provided:

• One-way fare from the airport to Irvington = $9

• 10 round trips per day

• Each trip averages 21 passengers

• Distance covered = 25 miles one way (50 miles round trip)

Step 2: Make a plan for solving it.

Think about whether you need all the pieces of information given. Do you need to know all the following pieces of information?

• One-way fare from the airport to Irvington = $9

• 10 round trips per day

• Each trip = 21 passengers

• Distance covered = 25 miles one way/50 miles round trip (non-essential)

Explanation: We do not need to know the distance covered, since the trip price is a flat rate. Also consider these questions:

• How much does one passenger pay to travel from either the airport to Irvington or vice versa?

• How many total passengers does the shuttle carry per day? (Consider both how many trips they make each day and how many passengers are on each trip.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93067787

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