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1) You are the scheduling coordinator for a small but growing airline. You must schedule exactly...

1) You are the scheduling coordinator for a small but growing airline. You must schedule exactly one flight out of Chicago to each of the following cities: Atlanta, Los Angeles, New York, and Peoria. The available departure slots are 8 a.m., 10 a.m., and 12 noon. Your airline has only two departure lounges so at most 2 flights can be scheduled per slot. Demand data suggests the following expected profit contribution per flight as a function of departure time:

Expected Profit Contribution in $1000s

Time

Destination

8

10

12

Atlanta

10

9

8.5

Los Angeles

11

10.5

9.5

New York

17

16

15

Peoria

6.4

2.5

-1

Formulate a model to solve this problem in excel

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