Question
Assume that you are the manager in charge of the high-speed service. On March 20th, MBA students from the Detroit area who are taking an
Assume that you are the manager in charge of the high-speed service. On March 20th, MBA students from the Detroit area who are taking an Entrepreneurial Management elective course approach you with the following offer. The students want to reserve 20 seats for a round trip from Detroit to Chicago on March 21st to conduct a market research study for their final project. Specifically, the MBA students have arranged for undergraduates to participate in the study, which is aimed at identifying factors that make train travel more attractive to customers. The MBA students are on a limited budget and propose to pay Ann Arbor Railroad $1,000 for the round trip for the 20 seats. Tickets sales for March 21st have been low, and, as of today, there are still over 100 seats available. Would you accept the students' offer? (3 points)
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