Question: I'm having trouble coming up with the sheet on excel for this problem. If someone could please help me out that would be greatly appreciated.

I'm having trouble coming up with the sheet on excel for this problem. If someone could please help me out that would be greatly appreciated. Please show the constraints and solver, please!

I'm having trouble coming up with the sheet on

Problem 1. (15 points) South Central Airlines operates a commuter flight between Cleveland and New York. The plane holds 30 passengers, and the airline makes a $100 profit on each passenger on the flight. When South Central takes 30 reservations for the flight, experience has shown that, on average two passengers do not show up. As a result, with 30 reservations, South Central is averaging 28 passengers with a profit of 28(100) = $2800 per flight. The airline operations office has asked for an evaluation of an overbooking strategy in which the airline would accept 32 reservations even though the airplane holds only 30 passengers. The probability distribution for the number of passengers showing up when 32 reservations are received is as follows: Passengers showing up (when 32 reservations are received) 28 29 Probability 0.05 0.25 0.50 0.15 30 31 32 0.05 The airline will receive a profit of $100 for each passenger on the flight, up to the capacity of 30 passengers. If more than 30 passengers show up, then the airline will have to give a voucher of $150 to each passenger that cannot board the airplane. 1. (15 points) Build a simulation model using Flight Data.xlsx" to simulate the profit of 200 flights when South Central accepts 32 reservations. Submit your Excel file

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