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Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions:Refer to the data below and answer the question that follows:The daily demand (in number of customers) for air travel from Delhi to Bangalore and from Bangalore to Delhi, each is 1200 customers. The breakdown of demand by time is given in the following table:The demand for travel from Bangalore to Delhi is identical to that from Delhi to Bangalore. Any unmet demand in any time period does not spill over to the next time period.Space jet, an airline, which flies only between Delhi and Bangalore has the following costs:1. A surcharge A per passenger of Rs. 100 to be paid to the Airlines Regulatory Board.2. A fixed cost B of Rs. 72000 per trip made.The airline owns 2 planes, each with a maximum capacity of 150 passengers. One plane is parked at Delhi and the other at Bangalore at the beginning of the day. One trip (from Delhi to Bangalore or vice versa) takes 1.5 hours. The airline charges a uniform fare of Rs. 1000 per passenger per trip.Customer satisfaction index (CSI) is defined as:CSI = 1 - (Unmet demand)/(Total number of passengers that the airline carries on that day)Q.Let P be the maximum profit possible in the first time period of 6 am to 8:59 am. Based on new information, it is known that 60% of the demand in the first time period consists of business travellers who will pay Rs. 2500 per trip, but will not wait beyond 7 am. Hence, the airline company decided to purchase two more planes with a capacity of 150 each. If it has to maintain the same profit P, what is the fixed cost per trip that the airline has to pay for the new plane? Assume the same surcharge of Rs. 100 per passenger.a)Rs. 189000b)Rs. 369000c)Rs. 378000d)Rs. 126000e)None of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.