A ticket from Dallas to Orlando on Bob Airlines sells for $175. The plane can hold 138 people. It costs Bob Air $8000 per flight. Each person on the plane incurs variable costs of $30 (for food and fuel). If the flight is overbooked, anyone showing up for the flight who cannot get a seat receives $400 in compensation. On average, 90% of all people who have a reservation show up for the flight. Use simulation to analyze the expected profit per flight based on the number of reservations Bob books between 90 and 110 per flight? What is a 95% condence interval for profit for each number of reservations analyzed? How many reservations would you recommend they book? Why? Flight Var Cos - Ticket price Excess Seat Cost Ptshow