Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 Oct 2017 My Price 3.00

full-fare tickets

A flight from New York to Atlanta has 146 seats. Advance tickets purchased cost $74. Last-minute tickets cost $114. Demand for full-fare tickets is normally distributed with a mean of 92 and standard deviation of 30. What booking limit maximizes expected revenues? Assume there are no no-shows and always enough advanced purchasers to fill the flight.

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Maurice Tutor
(5)
Status NEW Posted 31 Oct 2017 10:10 PM My Price 3.00

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