* 16 . Applying the newsvendor model, what is the underage cost? * 17. Applying the newsvendor model, what is the critical ratio of the marginal analysis? Q16-20. Air China has started selling the air tickets for the flight 985 from Beijing to Sans Francisco on November 15 . There are 250 economy class seats on board. The airline sells some economy class seats at a discount price of CNY4400 and reserve a number of seats to sell at the full price of CNY7700. Suppose that Air China can always sell all discount tickets, and the demand for full price tickets is normally distributed with a mean of 100 and a standard deviation of 25 . * 16 . Applying the newsvendor model, what is the underage cost? * 17. Applying the newsvendor model, what is the critical ratio of the marginal analysis? Q16-20. Air China has started selling the air tickets for the flight 985 from Beijing to Sans Francisco on November 15 . There are 250 economy class seats on board. The airline sells some economy class seats at a discount price of CNY4400 and reserve a number of seats to sell at the full price of CNY7700. Suppose that Air China can always sell all discount tickets, and the demand for full price tickets is normally distributed with a mean of 100 and a standard deviation of 25