Question: Please do the Airplane Booking Problem with a high fare of $ 708 and low fare of $ 130 . The business traveler demand is

Please do the Airplane Booking Problem with a high fare of $708 and low fare of $130. The business traveler demand is given by a normal distribution with mean 55 and standard deviation 7.

1. What is the under-stocking cost Cu?

2. What is the over-stocking cost Co?

3. What is the service level or critical fractile? Please state a probability with 4 decimal places and not a percentage.

4. What is the corresponding z-score? (round to 4 decimal places)

5. How many seats should we protect for full fare customers? Please round to a whole number.

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