A trailer chassis provider for intermodal containers is considering their fleet size. Their critical fractile is 0.65 and norm.s.inv(.87)=0.3853. Chassis demand averages 1200 per day with a standard deviation of 150. Use the newsvendor method to determine how many chassis should placed into service. 1258 1350 780 1200 A trailer chassis provider for intermodal containers is considering their fleet size. At expected rates a chassis will generate an average of $8000 per month in revenue and cost $2000 to own and maintain. Chassis demand averages 400 per day with a standard deviation of 20. What is the appropriate value of the critical fractile? 0.8 0.75 0.2 O 0.25 Which of the following is not an appropriate setting for the use of yield management? Plant nursery seeking to optimize the revenue from inventory that can be transplanted LTL trucking company seeking to optimize revenue for a truck's trip Airline - seeking to maximize the expected value of revenue for a flight Hotels - seeking to maximize the expected value of total revenue per available room A trailer chassis provider for intermodal containers is considering their fleet size. Their critical fractile is 0.65 and norm.s.inv(.87)=0.3853. Chassis demand averages 1200 per day with a standard deviation of 150. Use the newsvendor method to determine how many chassis should placed into service. 1258 1350 780 1200 A trailer chassis provider for intermodal containers is considering their fleet size. At expected rates a chassis will generate an average of $8000 per month in revenue and cost $2000 to own and maintain. Chassis demand averages 400 per day with a standard deviation of 20. What is the appropriate value of the critical fractile? 0.8 0.75 0.2 O 0.25 Which of the following is not an appropriate setting for the use of yield management? Plant nursery seeking to optimize the revenue from inventory that can be transplanted LTL trucking company seeking to optimize revenue for a truck's trip Airline - seeking to maximize the expected value of revenue for a flight Hotels - seeking to maximize the expected value of total revenue per available room