Subject category:
Production and Operations Management
Published by:
Cranfield School of Management
Length: 5 pages
Data source: Published sources
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Abstract
The student is required to use statistical analysis to determine whether limited overbooking of airline seats can be justified economically and, if so, what the airline policy on overbooking should be. The case is used to show students how the application of statistical techniques can assist decision making under uncertainty.
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Abstract
The student is required to use statistical analysis to determine whether limited overbooking of airline seats can be justified economically and, if so, what the airline policy on overbooking should be. The case is used to show students how the application of statistical techniques can assist decision making under uncertainty.