customers turn up only about 95% of the time. A flight can accommodate 40 passengers and each seat costs 4,000 Php. Suppose each passenger books a ticket independently and the airline decides to sell 42 tickets for the flight. if more than 40 show up for the flight, the excess passengers will be compensated for Php10,000 for rebooking. 6. Compute the profit for each value of X. I do not know exactly what is the value of X here, if it is 40 that can be accommodated in the flight, or is it the 42 tickets the airline decides to sell or the expected value of X which is 39.9 passengers?
customers turn up only about 95% of the time. A flight can accommodate 40 passengers and each seat costs 4,000 Php. Suppose each passenger books a ticket independently and the airline decides to sell 42 tickets for the flight. if more than 40 show up for the flight, the excess passengers will be compensated for Php10,000 for rebooking. 6. Compute the profit for each value of X. I do not know exactly what is the value of X here, if it is 40 that can be accommodated in the flight, or is it the 42 tickets the airline decides to sell or the expected value of X which is 39.9 passengers?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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An airline studied the data from their passenger records and noted that their customers turn up only about 95% of the time. A flight can accommodate 40 passengers and each seat costs 4,000 Php. Suppose each passenger books a ticket independently and the airline decides to sell 42 tickets for the flight. if more than 40 show up for the flight, the excess passengers will be compensated for Php10,000 for rebooking.
6. Compute the profit for each value of X. I do not know exactly what is the value of X here, if it is 40 that can be accommodated in the flight, or is it the 42 tickets the airline decides to sell or the expected value of X which is 39.9 passengers?
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