Fly by night airlines
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Title: Fly by night airlines

Essay Details:

Subject: Miscellaneous
Author:
Date: January 12, 2016
Level:
Grade: A
Length: 6 / 1761

Essay text:

Its profitable route is between Los Angeles and New York and the firm is considering replacing its old PJ-1 planes to PJ-2 or PJ-3 planes. Currently, James Baron has three options in hand to decide what to do. He uses 15 year planning horizon. Under option A, he plans to continue to use PJ-1s for three years and then replace them by PJ-2 for the remaining 12 years. Option B is the same as option A except at the end of the sixth year, PJ-2s will be replaced by the PJ-3s for the remaining 9 years. Option C doesn??t plan to use PJ-2 but only PJ-3. It is planned that the PJ-3s will replace PJ-1s at the end of sixth year and for the remaining 9 years...

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