Managerial Accounting Question
DECISCION MAKING AND RELEVANT FACTORS
9. You have an opportunity to choose a flight for your upcoming spring break trip to Mexico. After a lot of thought and research, you have narrowed your options to four different flights. If there are no delays, each should get you to your destination on time. (It is important to arrive on time, as you have to meet a bus at a particular time to take you and other students to your final destination) If any of the flights are late, arranging for alternative transportation will be difficult. Basic information about each flight is presented in the following table below:
Flight 1 Flight 2 Flight 3 Flight 4
Base Price $300 $400 $500 $600
Flight Times and 12 hours/3 6 hours/2 5 hours/1 3 hours/direct flight
Connections
First Class Not $250 $200 $300
Upgrade Available
Meals $30 $15 $10 Included in airFare
WIFI access Not $20 $25 Included in airFare
Available
Beverages $10 $10 $10 Included in airfare
Total Price $340 $695 $745 $900
(All Options)
WHAT ARE THE RELEVANT FACTORS AFFECTING YOUR CHOICE OF FLIGHT?