Question: SHOW WORK BY HAND ONLY PLEASE! SHOW WORK BY HAND ONLY PLEASE! 2. A city is hosting an annual marathon event and wants to produce

SHOW WORK BY HAND ONLY PLEASE!

2. A city is hosting an annual marathon event and wants to produce t-shirts. Maria was able to obtain previous years' demand and probability data as given in below table. She also estimates: Selling price is $10, cost is $3, and the salvage value is $1. Calculate all numbers in the payoff table. Show all work. How many shirts should be made to maximize profit? Demand = 1000, 20% Demand = 2000, 30% Demand = 3000, | Demand = 4000, Profit 30% 20% Make 1000 Make 2000 ZZ$Make 3000 Make 4000

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