• Skyline Airlines is reviewing its operational costs related to the number of flights.
• Data Provided:
  • Month 1: Total Costs: $800,000, Flights: 100
  • Month 6: Total Costs: $1,200,000, Flights: 150
• Tasks:
  • Apply the High-Low Method to calculate the variable cost per flight and fixed costs.
  • Develop a cost equation.
  • Predict the total costs for 200 flights.
  • Analyze the impact of optimizing flight routes on overall costs.