Question: Problem 2 (Individual): Capacity Control for a Single Flight A small airline serves the New York to Portsmouth, NH route with a single ight daily

Problem 2 (Individual): Capacity Control for a Single Flight A small

Problem 2 (Individual): Capacity Control for a Single Flight A small airline serves the New York to Portsmouth, NH route with a single ight daily 100 seat aircraft. The oneway fare for discount tickets is $100 and the one-way fare for full-fare tickets is $150. Discount tickets can be booked up until one week in advance and all discount passengers book before all full-fare passengers. Over a long history of observation, the airline estimates that full-fare demand is normally distributed* with a mean of 55 passengers and a standard deviation

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