Question: answer must be with excel An order for 15 custom-designed castings has been received. The casting process costs $1500 per unit scheduled. If a casting

answer must be with excel
answer must be with excel An order for 15
An order for 15 custom-designed castings has been received. The casting process costs $1500 per unit scheduled. If a casting is not sold it has a recycle value of $300. The customer has indicated a willingness of to pay $2000 per casting for acceptable casting- no more no less! If number of good casts is less than 15 then the customer does not accept For only one casting if we have the 5% chance probability of having defective How many casting should be scheduled for production in order to maximize profit

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