Question: How should y1 be decided Airline Example: 2 Classes Data: Capacity is 100 seats. Two fare classes: - Full fare: f1 = $499. y1 -

How should y1 be decided

Airline Example: 2 Classes Data:  Capacity is 100 seats.  Two fare classes: - Full fare: f1 = $499. y1 - Discounted fare: f2 = $99.  Two customer classes: - Business: Book in last minute. Demand is DB ~ Normal(25,5). - Leisure: Book in advance. Demand is DL ~ Normal(200,20).  

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