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hotel operating with a capacity of 3 0 0 similar rooms, decides five fare classes for taking bookings during Christmas week due to the high

hotel operating with a capacity of 300 similar rooms, decides five fare classes for taking bookings during Christmas week due to the high demand. The Demand (normally distributed) and standard deviation for the fare class are given as follows.
Fare
Class
Price
Mean demand
Standard deviation
1
12000
25
5
2
10000
15
15
3
5500
40
30
4
2500
55
20
5
1500
What should be the protection levels for the classes, using EMSR-a

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