11.8. Reconsider Example 11.5 (Blackjack Airline). After initial success with the Los Angeles-to-Las Vegas route, Blackjack Airlines...

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11.8. Reconsider Example 11.5 (Blackjack Airline). After initial success with the Los Angeles-to-Las Vegas route, Blackjack Airline’s demand for full-fare tickets has increased to an average of 75, with the standard deviation remaining at 15.

Consequently, Blackjack has decided to raise all ticket prices by $10. Under these new conditions, how many full-fare seats should Blackjack reserve?

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Service Management Operations Strategy Information Technology

ISBN: 9781265075538

10th International Edition

Authors: Sanjeev K. Bordoloi, James A. Fitzsimmons, Mona J. Fitzsimmons

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