Question: QUESTION 2 ABC Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do
QUESTION
ABC Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the management referred to as outsourcing or using a combination of its own staff and an outside vendor. The profit of the operations depends on future demand. The annual profit of each option in thousands of dollars and for each state of demand is summarized in the following table:
tableStaffing Options,DemandHighMedium,Low
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