How many seats should the airline reserve


A flight has 91 seats left. The full-fare tickets are priced at $600 and the discount tickets are priced at $350. The airline estimates that the demand of full fare customers is between 51 and 100, all numbers equally likely.

a) To maximize the expected revenue, should the airline sell one more discount ticket?

b) How many seats should the airline reserve for the full fare class?

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