QUESTION $19$

Chapter $12,$ problem $43$ overbooking, the company policy is to provide a cash payment of $$200.$

What is the optimal service level Offwego should provide?

$0\mathrm{.}2247$

$0\mathrm{.}3311$

$0\mathrm{.}5$

$0\mathrm{.}6667$

QUESTION $20$

Chapter $12,$ problem $43$ overbooking, the company policy is to provide a cash payment of $$200.$

How many tickets should be overbooked to maximize expected profit?

$14$

$15$

$16$

$17$