Question
A small charter plane company will charter a 50 seat - airplane to a group of 35 people or more. If a group contains exactly
A small charter plane company will charter a 50 seat - airplane to a group of 35 people or more. If a group contains exactly 35 people, each person pays $60. If the group has more than 35 people, everybody's fair is reduced by $1 for each person. Determine the size of the group for which the company's revenue will be the greatest. Then, find the maximum revenue.
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Probability and Random Processes With Applications to Signal Processing and Communications
Authors: Scott Miller, Donald Childers
2nd edition
123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814
