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Case Summary: Bike sharing, one the initiative by the government to help people for transportation at an affordable price, is very much popular in many cities. The program was started in 2013 at city NY which has 6000 bikes in 330 stations. The station has docks, number ranging from 10 to 40, that can hold single bike. Bikes are used by people by purchasing annual or daily pass. It provides an alternative mode of transport for the people but it has its own downfall. Sometimes people may not find a station near to their place or there will be lack of docks to park the bikes. Other challenges are the season where the demand fluctuates and the region where the people using the bike.
To determine: Some examples of system inhibitors-variability, waste and inflexibility present in bike sharing program?
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Check out a sample textbook solution- Look at the following data on a major city's cab fares and analyze. Pickup time Drop off time Passenger Count Distance in miles Total Fare Total Tip 1/1/2021 0:00 1/1/2021 0:1O 2.35 10.5 1/1/2021 0:0O 1/1/2021 0:07 2 0.9 1/1/2021 0:00 1/1/2021 0:17 1 4.1 16 1/1/2021 0:00 1/1/2021 0:02 1 0.96 4.5 1/1/2021 0:00 1/1/2021 0:19 1 9.4 27.5 1/1/2021 0:0O 1/1/2021 0:03 0.95 5 1.76 1/1/2021 0:00 1/1/2021 0:04 1 0.7 5 2.6 1/1/2021 0:00 1/1/2021 0:09 2.66 10 4.14 1/1/2021 0:00 1/1/2021 0:02 1 0.76 4 1/1/2021 0:01 1/1/2021 0:07 3 1.48 7.5 a. Use any method to perform a time series analysis and forecast and predict the amount of fares and sales for the future. O oarrow_forwardMake graph about public transport. Indicate how public transport is too expensive for people with low salaryarrow_forwardThe convergence of real and digital worlds has been made possible by all of these except which? Multiple Choice :13 algorithms television databases apps social commerce technologiesarrow_forward
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- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,