Question: This is a continuation from the previous question. Suppose that the current service level is 55%. What does it mean? Choose the best answer. a

This is a continuation from the previous question.

Suppose that the current service level is 55%. What does it mean? Choose the best answer.

a

The number of overbookings is sufficient for total cancellations with probability 55%.

b

The number of overbookings is sufficient for total cancellations with probability 45%.

c

The number of cancellations is sufficient for total overbookings with probability 55%.

d

The number of cancellations is sufficient for total overbookings with probability 45%.

e

None of the above is correct.

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