Question: Problem 3 (1.0 pts) A flight has 100 seats and a passenger fare of $130. The number x of no-shows is independent of total bookings

Problem 3 (1.0 pts) A flight has 100 seats and a passenger fare of $130. The number x of no-shows is independent of total bookings and is given by a normal distribution with mean of 22 and standard deviation of 15. The denied-boarding cost is $260 per denied boarding. Determine the optimal booking limit in this case. Recall that the booking limit needs to be an integer

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