NO EXCEL PLEASE
Next week, Super Discount Airlines has a flight from New York to
Los Angeles that will be booked to capacity. The airline knows from
past history that the number of cancellations/no-shows is uniformly
distributed between 10 and 20. Revenue from a ticket on the flight
is $125. If the flight is overbooked, the net cost for the airlines
to ``bump’’ the customer to a different flight is $250. By how many
seats should Super Discount overbook the flight?
NO EXCEL PLEASE Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capa
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answerhappygod
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NO EXCEL PLEASE Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capa
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