Computes blue yonders profit based on the number of customer

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Problem

The Blue Yonder Airlines flight from Seattle to New York has a capacity of 250 people. The airline sold 270 tickets for the flight at a price of $300 per ticket. Tickets are nonrefundable. The variable cost of flying a passenger (mostly food costs and fuel costs) is $30 per passenger. If more than 250 people show up for the flight, the flight is overbooked, and Blue Yonder must pay overbooking compensation of $350 per person to each overbooked passenger. Develop a worksheet that computes Blue Yonder's profit based on the number of customers who show up for the flight.

Reference no: EM131847680

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