Multiple Choice
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)
Correct Answer:

Verified
Correct Answer:
Verified
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