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Industry 4.0 · Quiz 2 · 4 Aug 2024 · May 2024 term · Set 3

Industry 4.0 Quiz 2 4 Aug 2024 — Question 13

Question 13

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Suppose you need to accept reservation for a flight. There is total 100 seats in the aircraft. You have two classes of passengers - economy and business. One economy seat gets you 2,500 Rs of revenue while a business seat gets 7,500 Rs. From your experience, you know the demand for business travellers follows a uniform distribution in [10,20]. Then answer the given subquestions:

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Question 13 of 14 in the IIT Madras BS Industry 4.0 (Industry 4.0) Quiz 2 paper sat on 4 Aug 2024, in the May 2024 term (2024 Aug04: IIT M AN EXAM QDB4). It carries 1 mark.

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