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categoryاقتصاد عام
schoolبكالوريوس
event_available2026-07-14
السؤال
Transcribed Image Text:
3. Suppose that there are 2 classes of customers who purchase seats on an airplane: Class 1
pays $500 for each seat; and Class 2 pays $300. Suppose that the continuous demand
distributions for the classes of customers are given by D₁ ~U[0, 20], D2 ~U [10, 20].
Each seat is allocated to either a Class 1 or a Class 2 customer. Once allocated, the seat
can only be sold to the class of customer it is designated for. Assume that N is the total
number of seats available, and N; is the number of seats allocated to Class j, for j = 1,2.
For each of the following values of N, determine the optimal allocation, i.e., (N1, N2) that
will maximize the expected revenue. (Note: There is a continuum of seats.)
(a) N = 5
(b) N = 10
(c) N = 15
(d) N = 20
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