Question: For this assignment you are solving the pork chop dinner problem Pork chop dinners cost $6.00/unit from wholesaler Dinners sell for $10.00/unit at church benefit

For this assignment you are solving the "pork chop dinner" problem Pork chop dinners cost $6.00/unit from wholesaler Dinners sell for $10.00/unit at church benefit dinner Unused dinners are donated to local homeless shelter (no salvage value or disposal cost) Demand is uncertain, past experience suggests following probability distribution: d = 100 200 .10 300 .35 P(D = d) Construct the decision table, compute the expected values, and find the order quantity that maximizes expected valu of profit from the sale. 400 .25 500 .20 .10
 For this assignment you are solving the "pork chop dinner" problem

For this assignment you are solving the "pork chop dinner" problem - Pork chop dinners cost $6.00 /unit from wholesaler - Dinners sell for $10.00/ unit at church benefit dinner - Unused dinners are donated to local homeless shelter (no salvage value or disposal cost) - Demand is uncertain, past experience suggests following probability distribution: Construct the decision table, compute the expected values, and find the order quantity that maximizes expected valu of profit from the sale

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