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Use the Data Set Shown Below to Answer the Following

question 79

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Use the data set shown below to answer the following question(s) . Use the data set shown below to answer the following question(s) .   The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model. -Using the above data,the number of overbooked customers is computed using ________. A) MAX(Customer arrivals,Seats available)  B) MIN(0,Customer arrivals - Seats available)  C) MAX(0,Customer arrivals - Seats available)  D) MIN(Customer arrivals,Seats available) The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-Using the above data,the number of overbooked customers is computed using ________.


Definitions:

Units Of Nuts

A measure used to quantify a quantity of nuts, often used for nutritional or commercial purposes.

Units Of Berries

Units of berries refer to the quantified portions or measurements used to define an amount of berries, typically used in contexts of production, sale, or consumption.

Perfect Substitute

Perfect substitutes are goods or services that can be used in place of one another with no loss of utility to the consumer, such that one can be replaced by the other in use.

Units Of Good

The quantifiable measure of a product or service that is produced by a company.

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