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CASE STUDY: USE OF GAME THEORY TO MAXIMIZE PROFITS<\/strong>Due Week 7 and worth 250 points.The following article describes the unique boarding process used by the Southwest Airlines.Presh Talwalkar<\/strong> (2015) Southwest Airlines boarding and game theory<\/a>Use this article and at least three (3) others to answer the following questions in 5-7 pages:\n
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Describe the change in Southwest Airlines boarding process.<\/li>\n
What was Southwest\u2019s main goal introducing the early-bird check-in?<\/li>\n
Explain how Southwest Airlines used the game theory approach to increase its profits.\n
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What is the outcome of the game involving early-bird check-in?<\/li>\n
Identify what is the passengers\u2019 dominant strategy.<\/li>\n
Determine why travelers face the Prisoner\u2019s Dilemma with the early-bird check-in process.<\/li>\n<\/ul>\n<\/li>\n
Analyze the advantages and disadvantages of the early-bird check-in process for Southwest Airlines.<\/li>\n
Suggest ways in which other companies, or the company you work for, can utilize similar game approach to maximize profits. Note: One of your references should help provide a rationale as to why this is a good approach for this company and needs to have been published within the last 6 months.<\/li>\n<\/ol>\n
Your assignment must follow these formatting requirements:<\/p>\n
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Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.<\/li>\n
Include a cover page containing the title of the assignment, the student\u2019s name, the professor\u2019s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.<\/li>\n<\/ul>\n<\/li>\n
By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign\u2122 services in accordance with the Blackboard Privacy Policy<\/a>; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
CASE STUDY: USE OF GAME THEORY TO MAXIMIZE PROFITSDue Week 7 and worth 250 points.The following article describes the unique boarding process used by the Southwest Airlines.Presh Talwalkar (2015) Southwest Airlines boarding and game theoryUse this article and at least three (3) others to answer the following questions in 5-7 pages: Describe the change in […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/179657"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=179657"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/179657\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=179657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=179657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=179657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}