Problem: A car rental company only offers executive and standard cars. An executive car is priced at $130 while a standard car is priced at $65. Suppose that the executive (full-fare) class demand is uniform between 20 and 60 cars.
(a) What is the booking limit for standard (discount fare) customers if the rental company has 100 cars?
(b) What is the booking limit for standard (discount fare) customers if the rental company has 30 cars?