1. Company: Eta Airlines

Scenario: Fuel Cost Management

Data:

• Monthly Fuel Costs: $1,200,000
• Monthly Flights: 3,000
• Average Fuel Consumption per Flight: 4,000 gallons
• Fuel Price per Gallon: $1.50

Requirements:

1. Calculate the average fuel cost per flight.
2. Determine the total fuel consumption per month.
3. Analyze the impact of a 10% increase in fuel prices on monthly costs.
4. Discuss strategies for managing fuel costs in the airline industry.
5. Recommend methods to improve fuel efficiency.