Sloane Financial Planners

M E M O R A N D U M

To:Assistant Manager, Travel

From:Wendy Takeoff, Manager - Travel Department

Date:October 7, 2019

Subject:Travel input for the site location of our new regional office

Thank you very much for the air travel data you provided me last month concerning the site selection for the location of our new eastern regional office.The Site Selection Committee was very appreciative of your work.

Mr. George Sloane, chairman of the Site Selection Committee, has asked me to submit a memorandum to the committee with our recommendations for the city to be selected.Our recommendations are to be based on the city which we determine would be the best city from the point of view of air travel between Houston and the selected city.Obviously, air travel will be only one of the criteria to be considered by the Committee, but it will be an important criterion.The committee wants to be sure that travel costs can be kept under control.

Please write a memorandum for my signature analyzing the data we have developed.The memorandum needs to present our recommendation for which of the three cities should be selected for our regional office.We need a well thought-out presentation of our analysis with clear justification for our decision.

For purposes of this analysis, and based on past experience, our preferred airport will be Houston Bush Intercontinental (IAH), and our preferred city will be Charlotte (CLT).About 50 percent of the tickets will be purchased for immediate travel (walk up) and the remainder will be advanced purchases (tickets purchased two weeks or more prior to travel) - nonstop fares only.

I have selected some key data from your report, and from the reports of others, and I am enclosing a table, below, with a revised copy of the fares and on-time arrivals.Please use these figures for your memorandum.

The memorandum should be addressed to Mr. George Sloane, chairman of the Site Selection Committee.As you know, Mr. Sloane is the son of our CEO and is also sole heir to the majority of the stock in Sloane Financial Planners.It is important for both you and me that we put our best effort into this memorandum, both in analytical expertise and in a professional looking document.

I am sorry to dump this on you, but I will out of town on vacation, with limited access to email.I will not be free until late at night on Sunday, October 13, and Mr. Sloane wants to present the memorandum to the Committee at a 9:00 A.M. meeting on Monday, October 14.

I will need this memorandum no later than 11:59 P.M. on Sunday, October 13, 2019.

I know you will do a great job!

On time Arrivals at, and Average Fares to, Selected Airports.

ATL

CLT

PHL

On time Arrival

80.63%

82.97%

88.64%

Immediate Travel Fare

$502.00

$437.80

$1,058.30

Advanced Purchase Fare

$330.60

$384.80

$966.30

Based upon data compiled by Wendy Takeoff - September 2019.