Question: Consider a flight with a 90-seat capacity operating on a route with the following fares: (a) Determine the booking limits for all fares. (b) Determine
Consider a flight with a 90-seat capacity operating on a route with the following fares:
(a) Determine the booking limits for all fares.
(b) Determine the booking limits after the following sequential reservations have been processed: 10 seats for fare 1, 3 seats for fare 3, 15 seats for fare 7, 10 seats for fare 4, and 7 seats for fare 8.
Fare Price ($) Protection level 1 2 700 600 10 13 3 500 10 4 5 450 400 12 10 6 350 7 7 300 12 8 250 16
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