Question: please see the attached file and answer accordingly. Orders for clothing from a particular manufacturer for this year s Christmas shopping season must be placed
please see the attached file and answer accordingly.
Orders for clothing from a particular manufacturer for this years Christmas shopping
season must be placed in February. The cost per unit for a particular dress is $ while the
anticipated selling price is $ Demand is projected to be or units. There is a
percent chance that demand will be units, a percent chance that demand will be units,
and a percent chance that demand will be units. The company believes that any leftover
goods will have to be scrapped. How many units should be ordered in February? points
First fill the following payoff table and then use the EMV criterion to find the best option.
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