Question: Please type the answer by computer, so i can see it clearly, thank you!! Aero Air, a carrier, is proposing to dedicate a fleet to

Please type the answer by computer, so i can see it clearly, thank you!!

Aero Air, a carrier, is proposing to dedicate a fleet to the route (HKF-TPE-ICN). The airline has two aircraft types: an A320 with 280 seats and a B777 with 400 seats. The A320 and B777 have operational costs of $250,000 and $410,000, respectively. Because the airline is still in its early stages of development, they predict that each potential passenger who is unable to obtain a seat will cost them $5,000 in the long run. The demand for the sectors HKG-TPE and TPC-ICN is shown in the tables below.

Please type the answer by computer, so i can see it clearly,

Questions:

which revenue management technique can help airlines to overcome loss of revenue caused by passenger no-show?

HKG-TPE TPE-ICN Demand 400 350 250 200 150 100 Probability 0.1 0.22 0.38 0.18 0.08 0.04 Demand 600 550 500 450 400 300 250 200 Probability 0.04 0.08 0.09 0.17 0.28 0.22 0.1 0.02 HKG-TPE TPE-ICN Demand 400 350 250 200 150 100 Probability 0.1 0.22 0.38 0.18 0.08 0.04 Demand 600 550 500 450 400 300 250 200 Probability 0.04 0.08 0.09 0.17 0.28 0.22 0.1 0.02

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