Question: Imagine that you have a 5 -week business commitment between Fayetteville (FYV) and Denver (DEN). You fly out of Fayetteville on Mondays and return on

Imagine that you have a 5 -week business commitment between Fayetteville

Imagine that you have a 5 -week business commitment between Fayetteville (FYV) and Denver (DEN). You fly out of Fayetteville on Mondays and return on Wednesdays. A regular round-trip ticket costs $400, but a 20% discount is granted if the dates of the ticket span a weekend. A one-way ticket in either direction costs 75% of the regular price. How should you buy the tickets for the 5-week period? We can look at the situation as a decision-making problem whose solution requires answering three questions: 1. What are the decision alternatives? 2. Under what restrictions is the decision made? 3. What is an appropriate objective criterion for evaluating the alternatives

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