Revenue Management 3 - SCM 366 Summer 2016 Revenue Management Assignments III The flight from Philadelphia to Chicago has 250 seats The airline offers a

Revenue Management 3 - SCM 366 Summer 2016 Revenue...

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SCM 366 Summer, 2016 Revenue Management Assignments III. The flight from Philadelphia to Chicago has 250 seats. The airline offers a high and low fare. There is ample demand for the low fare. Low fare customers buy in advance of high fare customers. Demand for the high fare is normally distributed with a mean of 100 and a standard deviation of 40. The high fare is $700 and the low fare is

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