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Industry 4.0 · End Term · 13 Apr 2025 · January 2025 term · Set 1

Industry 4.0 End Term 13 Apr 2025 — Question 30

Question 30

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Suppose you need to accept reservations for a flight with a total of 100 seats available. There are two classes of passengers: economy and business. An economy seat generates ₹2,500 in revenue, while a business seat generates ₹7,500. Based on past experience, the demand for business travellers follows a uniform distribution between 10 and 40. Answer the given subquestions:

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Question 30 of 32 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 13 Apr 2025, in the January 2025 term (IIT M IMPROVEMENT FN EXAM QIM2 13 Apr). It carries 1 mark.

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