Yield management
Hi I'm lost on the below question can someone help point me in the right direction on how to solve thanks.
Yield Management: Consider the example on p.5 of the case. An aircraft has 100 seats, and there are two types of fares: full ($499) and discount ($99). While there is unlimited demand for discount fares, demand for full fares is estimated to be anywhere between 10 and 30. How many seats should protected for full-fare passengers?
Yield Management: Consider the example on p.5 of the case. An aircraft has 100 seats, and there are two types of fares: full ($499) and discount ($99). While there is unlimited demand for discount fares, demand for full fares is estimated to be anywhere between 10 and 30. How many seats should protected for full-fare passengers?
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