Managerial decision making: Most airlines practice overbooking. That is, they are willing to make more reservations than they have seats on an airplane. Why would they do this?

Most airlines practice overbooking. That is, they are willing to make more reservations than they have seats on an airplane. Why would they do this? The basic reason is simple; on any given flight a few passengers are likely to be“no-shows.”If the airline overbooks slightly, it still may be able to fill the airplane. Of course, this policy has its risks. If more passengers arrive to claim their reservations than there are seats available, the airline must“bump”some of its passengers. Often this is done by asking for volunteers.If a passenger with a reserved seat is willing to give up his or her seat, the airline typically will provide incentives of some sort. The fundamental trade-off is whether the additional expected revenue gained by flying an airplane that is nearer to capacity on average is worth the additional expected cost of the incentives.To study the overbooking policy, let us look at a  hypothetical situation. Mockingbird Airlines has a small commuter airplane that seats 16 passengers. The airline uses this jet on a route for which it charges $225for a one-way fare. Every flight has a fixed cost of $900(for pilot’s salary, fuel, airport fees, and so on). Each passenger costs Mockingbird an additional $100.Finally, the no-show rate is 4%. That is, on average approximately 4% of those passengers holding confirmed reservations do not show up. If Mockingbird must bump a passenger, the passenger receives a refund on his or her ticket ($225) plus a $100 voucher toward another ticket.How many reservations should Mockingbird sell on this airplane? The strategy will be to calculate the expected profit for a given number of reservations. For example, suppose that the Mockingbird manager decides to sell 18reservations. The revenue is $225 times the number of reservations:

R= $225(18)
= $4050
The cost consists of two components. The first is the cost of flying the plane and hauling the passengers who arrive (but not more than the airplane’s capacity of 16)
C1= $900 +$100*min(Arrivals, 16)
The second component is the cost of refunds and free tickets that must be issued if 17 or 18 passengers arrive:
C2=($225+$100)*Max(0,Arrivals – 16)
In this expression forC2, the $225 represents the refund for the purchased ticket, and the $100represents the cost of the free ticket. The Max eggexpression calculates the number of excess passengers who show up (zero if the number of arrivals is 16 or less)
Questions
1. Find the probability that more than 16 passengers will arrive if Mockingbird sells 17 reservations(Res=17). Do the same for 18 and 19.
2. Find:
E=(R/Res = 16)
E=(C1/Res = 16)
E=(C2/Res = 16)
Finally, calculate
E(Profit/Res =16) = E(R/Res =16)-E)(C1/Res=16)-E(C2/Res=16)
3. Repeat Question 2 for 1

Carry out hypothetical interview with a human service professional who has been practicing for at least three years.  Introduce the person you interviewed, where they work, and how long they have been in the Human Services filed.

hypothetical interview with a human service professional who has been practicing for at least three years.  Introduce the person you interviewed, where they work, and how long they have been in the Human Services filed. Provide a summary of the interview and should be at least 500 words.

  1. Conduct a semi-structured interview and explore the following areas:
    • What are some of the specific roles and tasks associated with your position?
    • What are the greatest rewards and challenges in your job?
    • Can you provide a description of some of types of crisis or traumatic situations you have handled?
    • How do you handle the stress associated with the crisis you encounter at work?
    • What type of training did you receive to prepare you for handling crisis that happen on the job?
    • What suggestions or advise do you have for someone who is interested in pursuing a position in your field?

2. second page 500 words. Personal reflections should address the following:

  • How did the information you received compare to your initial expectations?
  • What did you like best about the job?
  • What did you like least about the job?
  • How do you think you will be able to handle facing the traumatic events identified by your interviewee?
  • How do you currently handle the stress associated with your daily life (e.g. school)?
  • How do you think you would respond to the crisis situations described in the interview?
  • How do you think you can best prepare yourself for responding to crisis situations?

3.  a note wrote to the professional that was interviewed thanking them for their time and sharing their experiences 300 words

Choose a job with which you are familiar and identify the KSAOs needed to do it well.
  1. Choose a job with which you are familiar and identify the KSAOs needed to do it well.
  2. Next, identify how you would evaluate candidates with these qualities. What tools would you use (applications, interviews, cognitive or ability tests, work samples, etc.) and why? Justify the cost and time required to conduct each.
  3. After you have identified your selection criteria and methods, do a “reality check” in a real organization. Interview a manager who employs someone in that job. For example, if the job you selected is salesperson, go to a local business to learn how they select individuals for sales jobs. Compare what you thought would be a good selection approach with what you learned from the company you visited.
  4. Identify the reasons for any discrepancies between your approach and theirs. Which approach do you think is better?
pathogens spread by a number of different mechanisms and there are various preventative methods that can be implemented to reduce the spread of various diseases (such as vaccines), discuss a disease in which there is a vaccine available.

pathogens spread by a number of different mechanisms and there are various preventative methods that can be implemented to reduce the spread of various diseases (such as vaccines). This week you are to discuss a disease in which there is a vaccine available. You are then to present which country or countries offers this vaccine to the general public or if it is only available to certain personnel.

This assignment must be 250 words minimum.

 

a description of at least three professional organizations you would be interested in joining and why. Explain why it is critical to your professional development to be involved with these and other professional psychology organizations.

a description of at least three professional organizations you would be interested in joining and why. Explain why it is critical to your professional development to be involved with these and other professional psychology organizations. Then, describe at least two licensure requirements specific to your state that are mandatory to be eligible for licensure. Finally, describe any licensure requirements that you may find challenging as you complete your education and training. If you have chosen to complete this program and you live in a state where you are not eligible to obtain licensure after completing this program of study, describe why you have chosen this program and how you might use this degree in your professional development.