Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the incorrect statement below: Group of answer choices An O&D market is defined by a passenger's point of entry into, and exit from, the

Choose the incorrect statement below: Group of answer choices An O&D market is defined by a passenger's point of entry into, and exit from, the particular airline's system. Prior to deregulation, the real-time application of operational models played a significant role in shaping the airline industry due to the effects of government regulation. Real-time modeling is seldom used today because airline competition is based upon price. An airline's planned schedule determines the location and size of ground facilities, and the number and location of crew and maintenance bases. Most resources that an airline needs to produce its product must be ordered, purchased, or leased years in advance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these General Management questions