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Jet Fuel Price given Yield Formula

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Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections. Check FAQs

JF = \frac{Y - a 0 - (W \cdot a 2) - (ATM \cdot a 3)}{a 1}

JF - Jet Fuel Price?Y - Yield of Aircraft?a₀ - Regression Coefficient a?W - Airline Industry Wages?a₂ - Regression Coefficient a2?ATM - Air Transport Movement per Aircraft?a₃ - Regression Coefficient a3?a₁ - Regression Coefficient a1?

Jet Fuel Price given Yield Example

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Here is how the Jet Fuel Price given Yield equation looks like with Values.

Here is how the Jet Fuel Price given Yield equation looks like with Units.

Here is how the Jet Fuel Price given Yield equation looks like.

999.875 = \frac{45010 - 10.5 - (5000 \cdot 8) - (100 \cdot 10)}{4}

999.875 = \frac{45010 - 10.5 - (5000 \cdot 8) - (100 \cdot 10)}{4}

999.875 = \frac{45010 - 10.5 - (5000 \cdot 8) - (100 \cdot 10)}{4}

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Jet Fuel Price given Yield Solution

Follow our step by step solution on how to calculate Jet Fuel Price given Yield?

FIRST Step Consider the formula

JF = \frac{Y - a 0 - (W \cdot a 2) - (ATM \cdot a 3)}{a 1}

Next Step Substitute values of Variables

∴

JF = \frac{45010 - 10.5 - (5000 \cdot 8) - (100 \cdot 10)}{4}

Next Step Prepare to Evaluate

∴

JF = \frac{45010 - 10.5 - (5000 \cdot 8) - (100 \cdot 10)}{4}

LAST Step Evaluate

∴

JF = 999.875

Jet Fuel Price given Yield Formula Elements

Variables

Jet Fuel Price

Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections.

Symbol: JF

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Jet Fuel Price

Yield of Aircraft

Yield of Aircraft expressed as revenue per passenger mile per kilometer.

Symbol: Y

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Yield of Aircraft

Regression Coefficient a

Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: a₀

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient a

Airline Industry Wages

Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry.

Symbol: W

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Airline Industry Wages

Regression Coefficient a2

Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: a₂

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient a2

Air Transport Movement per Aircraft

Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service.

Symbol: ATM

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Air Transport Movement per Aircraft

Regression Coefficient a3

Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: a₃

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient a3

Regression Coefficient a1

Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

Symbol: a₁

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Coefficient a1

Other formulas in Integrated Demand Forecast Framework category

Go Regression Model Formulation for Yield

Y = a 0 + (JF \cdot a 1) + (W \cdot a 2) + (ATM \cdot a 3)

Go Airline Industry Wages

W = \frac{Y - a 0 - (JF \cdot a 1) - (ATM \cdot a 3)}{a 2}

How to Evaluate Jet Fuel Price given Yield?

Jet Fuel Price given Yield evaluator uses Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1 to evaluate the Jet Fuel Price, Jet Fuel Price given Yield is defined as airline's biggest single cost. fuel costs up to six times $1,000 (620) tonne for jet fuel. Jet Fuel Price is denoted by JF symbol.

How to evaluate Jet Fuel Price given Yield using this online evaluator? To use this online evaluator for Jet Fuel Price given Yield, enter Yield of Aircraft (Y), Regression Coefficient a (a₀), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM), Regression Coefficient a3 (a₃) & Regression Coefficient a1 (a₁) and hit the calculate button.

FAQs on Jet Fuel Price given Yield

What is the formula to find Jet Fuel Price given Yield?

The formula of Jet Fuel Price given Yield is expressed as Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1. Here is an example- 999.875 = (45010-10.5-(5000*8)-(100*10))/4.

How to calculate Jet Fuel Price given Yield?

With Yield of Aircraft (Y), Regression Coefficient a (a₀), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM), Regression Coefficient a3 (a₃) & Regression Coefficient a1 (a₁) we can find Jet Fuel Price given Yield using the formula - Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1.

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Jet Fuel Price given Yield Formula

Jet Fuel Price given Yield Example

Jet Fuel Price given Yield Solution

Jet Fuel Price given Yield Formula Elements

Other formulas in Integrated Demand Forecast Framework category

How to Evaluate Jet Fuel Price given Yield?

FAQs on Jet Fuel Price given Yield

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