Question
The booking limits for four fare classes in a flight are given as b=(b1,b2,b3,b4)=(15,10,5,2). (a) What is the available capacity for these four classes, i.e.,
The booking limits for four fare classes in a flight are given as b=(b1,b2,b3,b4)=(15,10,5,2).
(a) What is the available capacity for these four classes, i.e., what is the booking limit for classes {1, 2, 3, 4}? [ Select ] ["2", "5", "10", "15", "32"]
(b) From this available capacity, how many seats are protected for class 1, i.e., what is the protection level for class 1? [ Select ] ["2", "5", "10", "15", "32"]
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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