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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.FareClassPriceMean demandStandard deviation112000255210000151535500403042500552051500What should be the protection levels for the classes, using EMSR-b, Also compare the results with that of EMSR-a

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