his sounds like a crazy idea, but you decide to explore it anyway. Here are some assumptions:* Origination (KACT) to destination (KMFR), one-way is 1,380 miles.* Flying time is about 3+00 each way (no wind).* A small jet (like a Lear 35) can make the trip non-stop and can seat 6. Charter cost is $3,500 per hour.* Employees get $200 per day for travel expenses if they are away from home for any part of the day. This covers all expenses except rooms, rental cars, and airfare.* Hotel rooms in Medford are $150 per night.* If traveling by commercial air, company policy requires business class (or better), with fully refundable tickets.* Travelers are mid-level executives who each make about $800 per day in salary; however, when they are gone from the business, it costs the company about twice that amount in reduced productivity ($1,500 per day per employee).* The charter jet can fly in and out of KACT and KMFR so a rental car is not required. * If commercial air in or out of either airport is not available, the group will need to rent a car at $100 per day to get to and from the closest available airport.InstructionsTo determine if chartering is a better deal, you will need to compare costs for the trip using charter vs. using commercial air. Items that you will need to consider:* The charter can operate when you need them, but you might need extra travel days/overnights to accommodate commercial air schedules. If so, the additional time that the employees are away from home can be costly.* Look up actual airfares available for travel. Your meeting day is two days in advance.Write a short essay describing your analysis, and make a recommendation for travel. Include justification for your recommendation.
