No.

of Passengers Who Show Up Probability

28 0.05
29 0.25
30 0.5
31 0.15
32 0.05

Probability Cumulative
0.05 0
0.25 0.05
0.5 0.3
0.15 0.8
0.05 0.95
1

Randon Number No. of Pasengers

0.043111425023425 28
0.384867170405094 30
0.281347726632722 29
0.252328764321961 29
0.74068107257797 30
0.966655490395298 32
0.328696330771375 30
0.688036263042977 30
0.171759007928772 29
0.736206796582632 30
0.83391464938583 31
0.584250344219905 30
0.159266836370698 29
0.846444651594835 31
0.80666732028072 31
0.0769092061899977 29
0.934286527346263 31
0.306936715484789 30
0.679724017177117 30
0.103021301498443 29
0.760528619568342 30
0.331407506516041 30
0.499980505073432 30
0.32656578343587 30
0.673921087356732 30
0.763681757796545 30
0.896021079275684 31
 0.931490461015633 31
0.0419812019682293 28
0.227465854563357 29
0.286970591722072 29
0.0630576963099019 29
0.224007047660246 29
0.808840810978095 31
0.697407249208565 30
0.538423346966871 30
0.164348242212494 29
0.591250466808114 30
0.19265870392005 29
0.938380752269327 31
0.507011613005494 30
0.359255091661995 30
0.169241353092851 29
0.0189511400130842 28
0.629163035649484 30
0.72794622116252 30
0.294365323600452 29
0.653218438241098 30
0.677032910227675 30
0.925588560082425 31
0.784465775051789 30
0.846399880132943 31
0.595774551478029 30
0.0987267184243251 29
0.963343036123971 32
0.11402704518736 29
0.305831005690526 30
0.937484570874381 31
0.182238370447332 29
0.513398402451687 30
0.0634580155461515 29
0.173471362877275 29
0.61684054179861 30
0.306713816117985 30
0.75275245197557 30
0.38342982010418 30
0.0321946503976547 28
0.179517283171249 29
0.195043484625351 29
0.130071724009684 29
0.118531218519371 29
0.596931357736145 30
0.325450478379484 30
0.108854150791084 29
0.82336659210715 31
 0.416032679260556 30
0.471596579360566 30
0.895868330346459 31
0.783193361852944 30
0.972176985671779 32
0.0366777884539685 28
0.778210709472267 30
0.33669438950726 30
0.731643193177562 30
0.566309338098201 30
0.694648825820677 30
0.881702058479111 31
0.975242159739441 32
0.931312610687419 31
0.0462811960501797 28
0.786040372291286 30
0.125296055868029 29
0.477806532749913 30
0.967220563323908 32
0.491506888044633 30
0.00308835196686974 28
0.998122319569352 32
0.61704617231837 30
0.00252591708954331 28
0.983963576285634 32
0.0592198612056333 29
0.39658565911337 30
0.450842191131988 30
0.175937549074955 29
0.5467678923004 30
0.0806422092989667 29
0.248787095390259 29
0.930994899142807 31
0.206838059366498 29
0.221380173040522 29
0.249211837682898 29
0.939881724509063 31
0.383644159129994 30
0.106349090324654 29
0.801163863179079 31
0.0748448511217743 29
0.382395664408801 30
0.814809223742714 31
0.14271565250113 29
0.243067156195818 29
0.337981506666426 30
0.711980927368099 30
0.483964675031489 30
 0.692235336739053 30
0.269032846205519 29
0.117792782062775 29
0.0695261782332672 29
0.296158541941761 29
0.744483897623708 30
0.749419687556421 30
0.549613985717014 30
0.531458266350596 30
0.909061993974476 31
0.216968409364023 29
0.861689380924687 31
0.507414470232885 30
0.805814712954813 31
0.0695089032483485 29
0.728932102863876 30
0.566864098823852 30
0.171253880243399 29
0.657351359656881 30
0.54306611993831 30
0.849478990293562 31
0.0719712219656674 29
0.418823611682368 30
0.605604212296416 30
0.965800226545344 32
0.556977447899428 30
0.814607735417331 31
0.506705397278235 30
0.0190789804786545 28
0.95589278813725 32
0.796758170883742 30
0.382714388440517 30
0.0395549577709985 28
0.605759310273858 30
0.725542425473795 30
0.0546672617346745 29
0.204102250197455 29
0.926533127021625 31
0.653751397774715 30
0.675765302003004 30
0.00416379343607076 28
0.574506175460423 30
0.468763367188876 30
0.184537356348654 29
0.495615756019076 30
0.947714701362528 31
0.199012174594033 29
0.520495173227912 30
 0.89367958498269 31
0.720867444488431 30
0.272770995952625 29
0.95220017154507 32
0.315112483052771 30
0.879009873239288 31
0.179791708335124 29
0.510492053957673 30
0.0944067142942003 29
0.118903055324694 29
0.328838552014597 30
0.376998970925874 30
0.21206265131905 29
0.988022324894344 32
0.768236641481397 30
0.442900640545197 30
0.270067852232792 29
0.987730629349283 32
0.954056117836899 32
0.0643202877619359 29
0.676656337923958 30
0.196880649223938 29
0.834222389514082 31
0.0874922183140222 29
0.383861339619614 30
0.415597299519344 30
0.507318984698932 30
0.131157355998637 29
0.944669238273229 31
0.881783431230074 31
0.165733540098976 29
0.786454384388008 30
0.849637749816607 31
0.208363165611051 29
0.218024445507236 29
0.148240442428112 29
0.867720240395046 31
0.850821964791038 31
0.911913649015315 31
0.410504327171471 30
0.604204552876532 30
0.37531117665142 30
0.732982746224236 30
0.184836859083941 29
0.458067410312482 30
0.952295349884179 32
0.260038467991688 29
0.423127929355116 30
 0.167648178532621 29
0.971311596700993 32
0.863084347947215 31
0.661901124061384 30
0.562520984900155 30
0.171849929918834 29
0.215851421268489 29
0.789910023642983 30
0.171145467610794 29
0.898232501699362 31
0.512160475336513 30
0.665581647877252 30
0.0341323609383617 28
0.152036674522593 29
0.604565710075961 30
0.586467941509474 30
0.451197632710117 30
0.36360916703211 30
0.0136114348012777 28
0.997175406896787 32
0.352146355458656 30
0.867036086626526 31
0.463001923394185 30
0.942658652965566 31
0.266220089442227 29
0.888115382302166 31
0.689276306515804 30
0.887276170867514 31
0.512939522901116 30
0.443018645362817 30
0.603501875989674 30
0.334065440896044 30
0.788841775123472 30
0.818437287887113 31
0.62386535220336 30
0.729808345134694 30
0.0742129718320023 29
0.148977949736863 29
0.605546872270911 30
0.912016746876563 31
0.412885080724352 30
0.669009455327851 30
0.208071004284624 29
0.874369332589292 31
0.274141169145204 29
0.490768745083458 30
0.272422589333312 29
0.609327353853701 30
 0.490915007471155 30
0.0625023538199284 29
0.474147285933618 30
0.963383732366694 32
0.709395147816037 30
0.444114837446185 30
0.965339937094778 32
0.261930820618097 29
0.200419140619098 29
0.609096016448627 30
0.738755102200793 30
0.573871430462975 30
0.859666908804599 31
0.587390106710784 30
0.401834876253194 30
0.969321021340038 32
0.992109880748993 32
0.240766045486773 29
0.446276944134765 30
0.760666517063038 30
0.0209219251577066 28
0.697970464355319 30
0.415610458019824 30
0.0254861294354852 28
0.00577851374938398 28
0.352007030474619 30
0.139838267282004 29
0.381674877522327 30
0.411697168940352 30
0.720876392440644 30
0.642811764299031 30
0.745823534342167 30
0.25851792979917 29
0.0728571331362335 29
0.0599999323546178 29
0.436214121036865 30
0.145816822887183 29
0.66274515272452 30
0.628924639879716 30
0.688765513428553 30
0.114475659104528 29
0.394861795933615 30
0.469951935387249 30
0.591910560224633 30
0.260446888267878 29
0.484847879550774 30
0.799744183599921 30
0.370209273039306 30
 0.938305563030764 31
0.493794325229954 30
0.706985693911052 30
0.874595063293032 31
0.0104895437380824 28
0.578586170872305 30
0.0502150319823547 29
0.0980261733607882 29
0.417245769450282 30
0.534465178432998 30
0.333119185407804 30
0.670371885802219 30
0.512342701930496 30
0.183187908502308 29
0.099377070796376 29
0.0210640831504473 28
0.94862372425967 31
0.0330214384590162 28
0.177351022875047 29
0.9710228707056 32
0.714383764311506 30
0.637496578603688 30
0.590032996614864 30
0.00889749814067731 28
0.153664424447102 29
0.172351267013502 29
0.460161388064609 30
0.026099574911954 28
0.907770716060367 31
0.124279606405187 29
0.453441242914387 30
0.151094864993974 29
0.304034825218625 30
0.666091558343186 30
0.504080616890075 30
0.847667902019442 31
0.109873917486493 29
0.284623736666928 29
0.291848117974885 29
0.0815792939414708 29
0.421178776851369 30
0.307134104745453 30
0.32376990373866 30
0.552827399183527 30
0.103983691271229 29
0.453674758513614 30
0.713882544630462 30
0.578574649512835 30
 0.178764341727208 29
0.807532863691236 31
0.576993206326006 30
0.741943194244501 30
0.386765820346859 30
0.850910968466226 31
0.281317897602816 29
0.910072299389436 31
0.572637661879986 30
0.630359920820705 30
0.266254674318162 29
0.582635268136127 30
0.583478085924905 30
0.533214786512071 30
0.75837238760663 30
0.145563500400475 29
0.109814328741887 29
0.794013613417983 30
0.590756588808464 30
0.301642224264911 30
0.969823439779697 32
0.939062760021238 31
0.977915889650668 32
0.00847172471140301 28
0.537206186908904 30
0.612820904488371 30
0.985764287719684 32
0.172655368533908 29
0.366495098374138 30
0.335554853468256 30
0.413953960457121 30
0.828793937587114 31
0.31752402401088 30
0.656036597393376 30
0.994077866600684 32
0.861943988242502 31
0.919151163835099 31
0.116510354933375 29
0.407689879399907 30
0.669480985009476 30
0.979036661772173 32
0.762189961293543 30
0.0785333556012412 29
0.0264635703389442 28
0.868040280116274 31
0.473961453728954 30
0.27987086099197 29
0.113019560805168 29
 0.232490893648576 29
0.472111758119327 30
0.509275872305646 30
0.483633472790623 30
0.126250734949776 29
0.545696850543092 30
0.813275094302705 31
0.189233353056441 29
0.243095474259356 29
0.751943018005266 30
0.59141708436548 30
0.936806043668085 31
0.466133603545222 30
0.865601449902224 31
0.477732904768454 30
0.773202245493021 30
0.0698664572181931 29
0.256810980219105 29
0.286063538011283 29
0.928804032267495 31
0.151741615007954 29
0.537156276141877 30
0.124783305484816 29
0.269914454126445 29
0.297876375419166 29
0.948336102371613 31
0.243241681268957 29
0.0570598984080902 29
0.140987255268443 29
0.786164050502099 30
0.0581763235666031 29
0.936471185011185 31
0.770276616992316 30
0.406562756515697 30
0.355913487094113 30
0.664252019740894 30
0.598211784522041 30
0.5931455460694 30
0.645889194445452 30
0.418345194194212 30
0.787222626990459 30
0.370873087187724 30
0.351318080851487 30
0.921678478097179 31
0.798909222124192 30
0.825193037991385 31
0.18630588344127 29
0.869615134177022 31
0.00465346440030257 28
0.348933749376986 30
0.105944055148592 29
0.937172056687205 31
0.951297921542217 32
0.87815493705301 31
0.461958234118296 30
0.9113101237809 31
0.274546174817909 29
0.90122870812256 31
0.783265701830941 30
0.426773928491374 30
0.935529991488657 31
0.91730055160554 31
0.162010859369407 29
0.3379871754881 30
0.970379878945771 32
0.811214495877387 31
0.966668092041224 32
0.94080138230165 31
0.0110616690874845 28
0.766663398278961 30
0.401070382402845 30
 Profit per customer
Loss per extra customer

Passengers
28 Average Profit per bus
29
30
31
32

Revenue Overbooked No of Overbooking

$280 0 -2
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$320 1 2
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$310 1 1
$300 0 0
$290 0 -1
$310 1 1
$310 1 1
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$310 1 1
$280 0 -2
$290 0 -1
$290 0 -1
$290 0 -1
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$280 0 -2
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$310 1 1
$300 0 0
$290 0 -1
$320 1 2
$290 0 -1
$300 0 0
$310 1 1
$290 0 -1
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$280 0 -2
$290 0 -1
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$320 1 2
$280 0 -2
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$320 1 2
$310 1 1
$280 0 -2
$300 0 0
$290 0 -1
$300 0 0
$320 1 2
$300 0 0
$280 0 -2
$320 1 2
$300 0 0
$280 0 -2
$320 1 2
$290 0 -1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$290 0 -1
$290 0 -1
$310 1 1
$290 0 -1
$290 0 -1
$290 0 -1
$310 1 1
$300 0 0
$290 0 -1
$310 1 1
$290 0 -1
$300 0 0
$310 1 1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$290 0 -1
$310 1 1
$300 0 0
$310 1 1
$290 0 -1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$310 1 1
$290 0 -1
$300 0 0
$300 0 0
$320 1 2
$300 0 0
$310 1 1
$300 0 0
$280 0 -2
$320 1 2
$300 0 0
$300 0 0
$280 0 -2
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$280 0 -2
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$310 1 1
$290 0 -1
$300 0 0
$310 1 1
$300 0 0
$290 0 -1
$320 1 2
$300 0 0
$310 1 1
$290 0 -1
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$290 0 -1
$320 1 2
$300 0 0
$300 0 0
$290 0 -1
$320 1 2
$320 1 2
$290 0 -1
$300 0 0
$290 0 -1
$310 1 1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$310 1 1
$310 1 1
$290 0 -1
$300 0 0
$310 1 1
$290 0 -1
$290 0 -1
$290 0 -1
$310 1 1
$310 1 1
$310 1 1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$320 1 2
$290 0 -1
$300 0 0
$290 0 -1
$320 1 2
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$280 0 -2
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$280 0 -2
$320 1 2
$300 0 0
$310 1 1
$300 0 0
$310 1 1
$290 0 -1
$310 1 1
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$310 1 1
$290 0 -1
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$320 1 2
$300 0 0
$300 0 0
$320 1 2
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$320 1 2
$320 1 2
$290 0 -1
$300 0 0
$300 0 0
$280 0 -2
$300 0 0
$300 0 0
$280 0 -2
$280 0 -2
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$310 1 1
$280 0 -2
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$280 0 -2
$310 1 1
$280 0 -2
$290 0 -1
$320 1 2
$300 0 0
$300 0 0
$300 0 0
$280 0 -2
$290 0 -1
$290 0 -1
$300 0 0
$280 0 -2
$310 1 1
$290 0 -1
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$290 0 -1
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$320 1 2
$310 1 1
$320 1 2
$280 0 -2
$300 0 0
$300 0 0
$320 1 2
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$320 1 2
$310 1 1
$310 1 1
$290 0 -1
$300 0 0
$300 0 0
$320 1 2
$300 0 0
$290 0 -1
$280 0 -2
$310 1 1
$300 0 0
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$300 0 0
$290 0 -1
$300 0 0
$310 1 1
$290 0 -1
$290 0 -1
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$310 1 1
$300 0 0
$300 0 0
$290 0 -1
$290 0 -1
$290 0 -1
$310 1 1
$290 0 -1
$300 0 0
$290 0 -1
$290 0 -1
$290 0 -1
$310 1 1
$290 0 -1
$290 0 -1
$290 0 -1
$300 0 0
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$300 0 0
$310 1 1
$300 0 0
$310 1 1
$290 0 -1
$310 1 1
$280 0 -2
$300 0 0
$290 0 -1
$310 1 1
$320 1 2
$310 1 1
$300 0 0
$310 1 1
$290 0 -1
$310 1 1
$300 0 0
$300 0 0
$310 1 1
$310 1 1
$290 0 -1
$300 0 0
$320 1 2
$310 1 1
$320 1 2
$310 1 1
$280 0 -2
$300 0 0
$300 0 0
 $10
$150

$258

Goodwill cost Profit

0 $280
0 $300
0 $290
0 $290
0 $300
300 $20
0 $300
0 $300
0 $290
0 $300
150 $160
0 $300
0 $290
150 $160
150 $160
0 $290
150 $160
0 $300
0 $300
0 $290
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
150 $160
150 $160
0 $280
0 $290
0 $290
0 $290
0 $290
150 $160
0 $300
0 $300
0 $290
0 $300
0 $290
150 $160
0 $300
0 $300
0 $290
0 $280
0 $300
0 $300
0 $290
0 $300
0 $300
150 $160
0 $300
150 $160
0 $300
0 $290
300 $20
0 $290
0 $300
150 $160
0 $290
0 $300
0 $290
0 $290
0 $300
0 $300
0 $300
0 $300
0 $280
0 $290
0 $290
0 $290
0 $290
0 $300
0 $300
0 $290
150 $160
 0 $300
0 $300
150 $160
0 $300
300 $20
0 $280
0 $300
0 $300
0 $300
0 $300
0 $300
150 $160
300 $20
150 $160
0 $280
0 $300
0 $290
0 $300
300 $20
0 $300
0 $280
300 $20
0 $300
0 $280
300 $20
0 $290
0 $300
0 $300
0 $290
0 $300
0 $290
0 $290
150 $160
0 $290
0 $290
0 $290
150 $160
0 $300
0 $290
150 $160
0 $290
0 $300
150 $160
0 $290
0 $290
0 $300
0 $300
0 $300
 0 $300
0 $290
0 $290
0 $290
0 $290
0 $300
0 $300
0 $300
0 $300
150 $160
0 $290
150 $160
0 $300
150 $160
0 $290
0 $300
0 $300
0 $290
0 $300
0 $300
150 $160
0 $290
0 $300
0 $300
300 $20
0 $300
150 $160
0 $300
0 $280
300 $20
0 $300
0 $300
0 $280
0 $300
0 $300
0 $290
0 $290
150 $160
0 $300
0 $300
0 $280
0 $300
0 $300
0 $290
0 $300
150 $160
0 $290
0 $300
150 $160
0 $300
0 $290
300 $20
0 $300
150 $160
0 $290
0 $300
0 $290
0 $290
0 $300
0 $300
0 $290
300 $20
0 $300
0 $300
0 $290
300 $20
300 $20
0 $290
0 $300
0 $290
150 $160
0 $290
0 $300
0 $300
0 $300
0 $290
150 $160
150 $160
0 $290
0 $300
150 $160
0 $290
0 $290
0 $290
150 $160
150 $160
150 $160
0 $300
0 $300
0 $300
0 $300
0 $290
0 $300
300 $20
0 $290
0 $300
 0 $290
300 $20
150 $160
0 $300
0 $300
0 $290
0 $290
0 $300
0 $290
150 $160
0 $300
0 $300
0 $280
0 $290
0 $300
0 $300
0 $300
0 $300
0 $280
300 $20
0 $300
150 $160
0 $300
150 $160
0 $290
150 $160
0 $300
150 $160
0 $300
0 $300
0 $300
0 $300
0 $300
150 $160
0 $300
0 $300
0 $290
0 $290
0 $300
150 $160
0 $300
0 $300
0 $290
150 $160
0 $290
0 $300
0 $290
0 $300
 0 $300
0 $290
0 $300
300 $20
0 $300
0 $300
300 $20
0 $290
0 $290
0 $300
0 $300
0 $300
150 $160
0 $300
0 $300
300 $20
300 $20
0 $290
0 $300
0 $300
0 $280
0 $300
0 $300
0 $280
0 $280
0 $300
0 $290
0 $300
0 $300
0 $300
0 $300
0 $300
0 $290
0 $290
0 $290
0 $300
0 $290
0 $300
0 $300
0 $300
0 $290
0 $300
0 $300
0 $300
0 $290
0 $300
0 $300
0 $300
150 $160
0 $300
0 $300
150 $160
0 $280
0 $300
0 $290
0 $290
0 $300
0 $300
0 $300
0 $300
0 $300
0 $290
0 $290
0 $280
150 $160
0 $280
0 $290
300 $20
0 $300
0 $300
0 $300
0 $280
0 $290
0 $290
0 $300
0 $280
150 $160
0 $290
0 $300
0 $290
0 $300
0 $300
0 $300
150 $160
0 $290
0 $290
0 $290
0 $290
0 $300
0 $300
0 $300
0 $300
0 $290
0 $300
0 $300
0 $300
 0 $290
150 $160
0 $300
0 $300
0 $300
150 $160
0 $290
150 $160
0 $300
0 $300
0 $290
0 $300
0 $300
0 $300
0 $300
0 $290
0 $290
0 $300
0 $300
0 $300
300 $20
150 $160
300 $20
0 $280
0 $300
0 $300
300 $20
0 $290
0 $300
0 $300
0 $300
150 $160
0 $300
0 $300
300 $20
150 $160
150 $160
0 $290
0 $300
0 $300
300 $20
0 $300
0 $290
0 $280
150 $160
0 $300
0 $290
0 $290
 0 $290
0 $300
0 $300
0 $300
0 $290
0 $300
150 $160
0 $290
0 $290
0 $300
0 $300
150 $160
0 $300
150 $160
0 $300
0 $300
0 $290
0 $290
0 $290
150 $160
0 $290
0 $300
0 $290
0 $290
0 $290
150 $160
0 $290
0 $290
0 $290
0 $300
0 $290
150 $160
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
0 $300
150 $160
0 $300
150 $160
0 $290
150 $160
 0 $280
0 $300
0 $290
150 $160
300 $20
150 $160
0 $300
150 $160
0 $290
150 $160
0 $300
0 $300
150 $160
150 $160
0 $290
0 $300
300 $20
150 $160
300 $20
150 $160
0 $280
0 $300
0 $300
Fixed Cost $ 100,000.00
Additional Cost per statue $ 34.00
Revenue per statue $ 42.00
Demand mean 60000
Demand standard deviation 15000

Left over statue Sales $ 10.00

Number of Statue 52983.56025

Statue Demand Sales Cost per Statue Leftover statue

58879.0054515533 52983.5602500395 $ 1,901,441.05 0
58730.4548006737 52983.5602500395 $ 1,901,441.05 0
80798.1059837393 52983.5602500395 $ 1,901,441.05 0
92569.1129314781 52983.5602500395 $ 1,901,441.05 0
63420.2654788905 52983.5602500395 $ 1,901,441.05 0
48037.5449448854 48037.5449448854 $ 1,901,441.05 4946.01530515411
42532.548161562 42532.548161562 $ 1,901,441.05 10451.0120884775
58185.2613352325 52983.5602500395 $ 1,901,441.05 0
40081.110673577 40081.110673577 $ 1,901,441.05 12902.4495764626
42394.6287527781 42394.6287527781 $ 1,901,441.05 10588.9314972615
54424.1927393051 52983.5602500395 $ 1,901,441.05 0
57866.0407263631 52983.5602500395 $ 1,901,441.05 0
31063.8369517063 31063.8369517063 $ 1,901,441.05 21919.7232983332
72478.6535024737 52983.5602500395 $ 1,901,441.05 0
87201.8815650719 52983.5602500395 $ 1,901,441.05 0
61890.4133157741 52983.5602500395 $ 1,901,441.05 0
55736.1022579132 52983.5602500395 $ 1,901,441.05 0
64666.5221601578 52983.5602500395 $ 1,901,441.05 0
54241.1167700956 52983.5602500395 $ 1,901,441.05 0
78509.3265772051 52983.5602500395 $ 1,901,441.05 0
54529.4832488587 52983.5602500395 $ 1,901,441.05 0
42223.241039885 42223.241039885 $ 1,901,441.05 10760.3192101546
26805.9375863714 26805.9375863714 $ 1,901,441.05 26177.6226636682
52410.3828453722 52410.3828453722 $ 1,901,441.05 573.177404667294
52851.8261363105 52851.8261363105 $ 1,901,441.05 131.73411372902
66599.2047107423 52983.5602500395 $ 1,901,441.05 0
66167.4289099535 52983.5602500395 $ 1,901,441.05 0
58204.6692125152 52983.5602500395 $ 1,901,441.05 0
63397.6722684189 52983.5602500395 $ 1,901,441.05 0
34591.2196613173 34591.2196613173 $ 1,901,441.05 18392.3405887222
21868.4079688531 21868.4079688531 $ 1,901,441.05 31115.1522811864
62442.8499243914 52983.5602500395 $ 1,901,441.05 0
52232.3589480763 52232.3589480763 $ 1,901,441.05 751.201301963214
62001.4288335747 52983.5602500395 $ 1,901,441.05 0
39914.2917678442 39914.2917678442 $ 1,901,441.05 13069.2684821953
50182.3261879303 50182.3261879303 $ 1,901,441.05 2801.23406210923
59129.7321728113 52983.5602500395 $ 1,901,441.05 0
50650.2574201144 50650.2574201144 $ 1,901,441.05 2333.30282992515
68122.9869394626 52983.5602500395 $ 1,901,441.05 0
59272.2411476474 52983.5602500395 $ 1,901,441.05 0
59568.2077662238 52983.5602500395 $ 1,901,441.05 0
83184.0074340913 52983.5602500395 $ 1,901,441.05 0
77141.5691115928 52983.5602500395 $ 1,901,441.05 0
60036.1684640647 52983.5602500395 $ 1,901,441.05 0
24252.3629238645 24252.3629238645 $ 1,901,441.05 28731.197326175
60621.3505573916 52983.5602500395 $ 1,901,441.05 0
60809.0814946791 52983.5602500395 $ 1,901,441.05 0
59495.6769057069 52983.5602500395 $ 1,901,441.05 0
56883.1285565772 52983.5602500395 $ 1,901,441.05 0
63931.3399320329 52983.5602500395 $ 1,901,441.05 0
58956.9870627748 52983.5602500395 $ 1,901,441.05 0
48276.9843437698 48276.9843437698 $ 1,901,441.05 4706.57590626971
65675.8918359765 52983.5602500395 $ 1,901,441.05 0
42057.8733168076 42057.8733168076 $ 1,901,441.05 10925.686933232
63194.9198847752 52983.5602500395 $ 1,901,441.05 0
74041.6847279154 52983.5602500395 $ 1,901,441.05 0
59553.2935441597 52983.5602500395 $ 1,901,441.05 0
72789.4882799264 52983.5602500395 $ 1,901,441.05 0
70500.1211787257 52983.5602500395 $ 1,901,441.05 0
50254.9903864972 50254.9903864972 $ 1,901,441.05 2728.56986354231
67487.8379850611 52983.5602500395 $ 1,901,441.05 0
62151.3164297794 52983.5602500395 $ 1,901,441.05 0
85289.2320438674 52983.5602500395 $ 1,901,441.05 0
56752.4788675026 52983.5602500395 $ 1,901,441.05 0
70878.5903722971 52983.5602500395 $ 1,901,441.05 0
64833.938768473 52983.5602500395 $ 1,901,441.05 0
69937.3491667369 52983.5602500395 $ 1,901,441.05 0
46635.9697782276 46635.9697782276 $ 1,901,441.05 6347.59047181197
61427.5400167155 52983.5602500395 $ 1,901,441.05 0
37781.5341990623 37781.5341990623 $ 1,901,441.05 15202.0260509772
77858.2324960023 52983.5602500395 $ 1,901,441.05 0
68475.5310587179 52983.5602500395 $ 1,901,441.05 0
44455.1119418097 44455.1119418097 $ 1,901,441.05 8528.44830822985
49179.6919410828 49179.6919410828 $ 1,901,441.05 3803.86830895672
57432.0645955775 52983.5602500395 $ 1,901,441.05 0
61463.0191461016 52983.5602500395 $ 1,901,441.05 0
77023.3593044341 52983.5602500395 $ 1,901,441.05 0
52173.518858058 52173.518858058 $ 1,901,441.05 810.041391981562
53153.8374487481 52983.5602500395 $ 1,901,441.05 0
52933.8270314321 52933.8270314321 $ 1,901,441.05 49.7332186074054
69175.9083904478 52983.5602500395 $ 1,901,441.05 0
68640.8224435848 52983.5602500395 $ 1,901,441.05 0
69475.3411394601 52983.5602500395 $ 1,901,441.05 0
89389.5366263593 52983.5602500395 $ 1,901,441.05 0
66941.7263864334 52983.5602500395 $ 1,901,441.05 0
49927.3495712018 49927.3495712018 $ 1,901,441.05 3056.21067883776
59823.0459899723 52983.5602500395 $ 1,901,441.05 0
40998.5626466429 40998.5626466429 $ 1,901,441.05 11984.9976033966
44095.7076847769 44095.7076847769 $ 1,901,441.05 8887.85256526268
81462.9493824695 52983.5602500395 $ 1,901,441.05 0
43239.4334658199 43239.4334658199 $ 1,901,441.05 9744.12678421962
78049.9203681428 52983.5602500395 $ 1,901,441.05 0
62342.5202051039 52983.5602500395 $ 1,901,441.05 0
45880.8001339919 45880.8001339919 $ 1,901,441.05 7102.76011604767
50111.8037650783 50111.8037650783 $ 1,901,441.05 2871.75648496123
52158.4734906064 52158.4734906064 $ 1,901,441.05 825.086759433128
64367.0173662617 52983.5602500395 $ 1,901,441.05 0
38240.9927305936 38240.9927305936 $ 1,901,441.05 14742.5675194459
61197.782387064 52983.5602500395 $ 1,901,441.05 0
16764.7387994856 16764.7387994856 $ 1,901,441.05 36218.8214505539
Stockout Probability
No of stockouts 66
No of trails 100
Probability 0.66

Average Profit $ 213,730.43

Leftover Price Total Revenue Total Profit Stockout

$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 49,460.15 $ 2,067,037.04 $ 165,595.99 0
$ 104,510.12 $ 1,890,877.14 $ (10,563.90) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 129,024.50 $ 1,812,431.14 $ (89,009.90) 0
$ 105,889.31 $ 1,886,463.72 $ (14,977.33) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 219,197.23 $ 1,523,878.38 $ (377,562.66) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 107,603.19 $ 1,880,979.32 $ (20,461.73) 0
$ 261,776.23 $ 1,387,625.61 $ (513,815.44) 0
$ 5,731.77 $ 2,206,967.85 $ 305,526.81 0
$ 1,317.34 $ 2,221,094.04 $ 319,652.99 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 183,923.41 $ 1,636,754.63 $ (264,686.42) 0
$ 311,151.52 $ 1,229,624.66 $ (671,816.39) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 7,512.01 $ 2,201,271.09 $ 299,830.04 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 130,692.68 $ 1,807,092.94 $ (94,348.11) 0
$ 28,012.34 $ 2,135,670.04 $ 234,228.99 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 23,333.03 $ 2,150,643.84 $ 249,202.79 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 287,311.97 $ 1,305,911.22 $ (595,529.83) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 47,065.76 $ 2,074,699.10 $ 173,258.05 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 109,256.87 $ 1,875,687.55 $ (25,753.50) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 27,285.70 $ 2,137,995.29 $ 236,554.25 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 63,475.90 $ 2,022,186.64 $ 120,745.59 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 152,020.26 $ 1,738,844.70 $ (162,596.35) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 85,284.48 $ 1,952,399.18 $ 50,958.14 0
$ 38,038.68 $ 2,103,585.74 $ 202,144.70 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 8,100.41 $ 2,199,388.21 $ 297,947.16 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 497.33 $ 2,223,718.07 $ 322,277.02 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 30,562.11 $ 2,127,510.79 $ 226,069.74 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 119,849.98 $ 1,841,789.61 $ (59,651.44) 0
$ 88,878.53 $ 1,940,898.25 $ 39,457.20 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 97,441.27 $ 1,913,497.47 $ 12,056.42 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ - $ 2,225,309.53 $ 323,868.48 1
$ 71,027.60 $ 1,998,021.21 $ 96,580.16 0
$ 28,717.56 $ 2,133,413.32 $ 231,972.27 0
$ 8,250.87 $ 2,198,906.75 $ 297,465.71 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 147,425.68 $ 1,753,547.37 $ (147,893.68) 0
$ - $ 2,225,309.53 $ 323,868.48 1
$ 362,188.21 $ 1,066,307.24 $ (835,133.80) 0
Part Fixed Cost Variable Cost Purchase Cost

Spring Mechanism $1,000 $0.40 $0.65

Red Cover $1,200 $2.90 $3.45
Black Cover $1,900 $3.15 $3.70
Solid Metal Base $1,500 $0.30 $0.50
Clear Plastic Base $1,500 $0.55 $0.70

Decision Variable Inhouse Outsource Total

Spring Mechanism 12000 0 12000
Red Cover 6909 91 7000
Solid Metal Base 0 7000 7000
Black Cover 5000 0 5000
Clear Plastic Base 0 5000 5000

Constraints
Manufacturing Time 29999.8 <= 30000
Manual Cover & Base 7000 = 7000
Electricl Cover & Base 5000 = 5000
Spring Mechanism 12000 = 12000
Red Cover 7000 >= 7000
Solid Metal Base 7000 >= 7000
Black Cover 5000 >= 5000
Clear Plastic Base 5000 >= 5000
Manufacturing
Time per Unit
(min.)
0.9 Manufacturing hours (in min)
2.2 Manual Stapler
3 Electric Stapler
0.8
1

Manual Stapler Cost

Objective Inhouse
Minimize the cost $28,536.10
$55,000.05
Electric Stapler Cost
Inhouse
$19,150.00
 30000
7000
5000

apler Cost
Outsource
$3,813.95

apler Cost
Outsource
$3,500.00
Movie Student? Box Office Revenue
The Speckerman Recurrence No $20,000
The Shiny Trinket Maneuver Yes $30,000
The Recombination Hypothesis No $15,000
The Beta Test Initiation No $10,000
The Friendship Contraction Yes $25,000
The Vacation Solution No $18,000
The Rothman Disintegration No $25,000
The Werewolf Transformation Yes $50,000
The Weekend Vortex No $20,000
The Transporter Malfunction No $30,000

Decision Variable Selection (binary)

The Speckerman Recurrence 0
The Shiny Trinket Maneuver 1
The Recombination Hypothesis 0
The Beta Test Initiation 0
The Friendship Contraction 1
The Vacation Solution 1
The Rothman Disintegration 0
The Werewolf Transformation 0
The Weekend Vortex 0
The Transporter Malfunction 0

Constraints
Editing Room 1 26 <=
Editing Room 2 24 <=
Editing Room 3 30 <=
Students Movie project 2 <=
Cannot support more than two 1 <=
Don’t want to support 0 <=
Cannot support more than one 1 <=
 Movie Editing Room 1
The Speckerman Recurrence $30
The Shiny Trinket Maneuver $16
The Recombination Hypothesis $24
The Beta Test Initiation $20
The Friendship Contraction $10
The Vacation Solution $0
The Rothman Disintegration $0
The Werewolf Transformation $0
The Weekend Vortex $40
The Transporter Malfunction $0
Total Availability 60

Objective
Max Box Office Revenue $ 73,000.00

60
40
40
3
2
0
1
Editing Room 2Editing Room 3
$40 $0
$24 $0
$0 $30
$0 $24
$0 $16
$0 $14
$24 $26
$28 $30
$34 $30
$50 $36
40 40