Assume that the ticket price is $ 2 7 5 . The number x of no -

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Question:

Assume that the ticket price is $

275 .

The number x of no

-

shows is independent of total bookings

and is given by a normal distribution with mean of

50

and standard deviation of

10 .

The denied

boarding cost is $

350

per denied boarding. Calculate the optimal booking limit

.

Posted Date: May 18, 2024 04:09 AM

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Assume that the ticket price is $ 2 7 5 . The number x of no -

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