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4. The Turkish Airlines is configuring a new Airbus 380 plane and must decide how many FirstClass seats, Business-Class seats, and Economy-Class seats to allocate.
4. The Turkish Airlines is configuring a new Airbus 380 plane and must decide how many FirstClass seats, Business-Class seats, and Economy-Class seats to allocate. The plane has space for 260 Economy-Class seats. Each First-Class seat takes up the space of 2.5 Economy-Class seats; each Business-Class seat takes up the space of 1.75 Economy-Class seats. The profit on a First-Class ticket is 4 times the profit of an Economy-Class ticket; the profit of a Business-Class ticket is 3 times the profit of an Economy-Class ticket. The number of Economy-Class seats must be at least two times larger than the number of all other seats. As a company policy, at least 5 percent of all seats should be allocated as First class. Assuming that Turkish Airlines can sell enough tickets to occupy all seats, FALL 22-23 BUS 201 a. Formulate a model for this problem that will maximize the total profit
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