Below is a decision tree for the airline revenue management.Create a one-way data table to answer the following question(s).
-If the probability of selling the full-fare air ticket is 0.90,the best decision is to discount the price.

Question

Below is a decision tree for the airline revenue management.Create a one-way data table to answer the following question(s). 
-If the probability of selling the full-fare air ticket is 0.90,the best decision is to discount the price.

Quizplus · Accepted Answer

According to the decision tree, if the probability of selling the full-fare air ticket is 0.90, the best decision is to not discount the price and sell the ticket at the full fare.

Below Is a Decision Tree for the Airline Revenue Management