Question: Problem 1 1 - 5 ( Algo ) Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be

Problem 11-5(Algo)
Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from
history that an average of 28 customers (with a standard deviation of 14) cancel their reservation or do not show for the flight. Revenue
from a ticket on the flight is $122. If the flight is overbooked, the airline has a policy of getting the customer on the next available flight
and giving the person a free round-trip ticket on a future flight. The cost of this free round-trip ticket averages $228. Super Discount
considers the cost of flying the plane from New York to Los Angeles a sunk cost.
By how many seats should Super Discount overbook the flight?
Note: Use Excel's NORM.S.INV() function to find the z value. Round z value to 2 decimal places. Round your answer to the nearest
whole number.
Overbook by
 Problem 11-5(Algo) Next week, Super Discount Airlines has a flight from

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