Question 2: Overbooking On a given Vancouver-Toronto flight there are 356 seats. Suppose the ticket price is $451 on average and the number of passengers who reserve a seat but do not show up for departure is normally distributed with mean 29 and standard deviation 20. You decide to overbook the flight and estimate that the average loss from a passenger who will have to be 'bumped' (if the number of passengers exceeds the number of seats) is $841. Part a: 4 points What is the under-stocking cost Cu? Part b: 4 points What is the over-stocking cost Co? | Locally stored answer: Locally stored answer: Part c: 4 points What is the service level or critical fractile? (Please state a probability with 4 decimal places (and not a percentage). Part d: 4 points What is the corresponding z-score? Locally stored answer: | Locally stored answer: Part e: 4 points What is the maximum number of reservations that should be accepted? Please round to a whole number. Locally stored answer: