Question: The rational sles manager / or I colored this CT shits provides al salespersons with the payoff table shown next, giving the estimated proft when

The rational sles manager

/

or I colored this CT shits provides al salespersons with the payoff table shown next, giving the estimated proft when a retailer purchases from one to four dozen T

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shirts. The probability of demand for each state of nature isalso shown.PAYOFF TABLEFuture Demands

12 3 4

Probabilities of demands

0.2 0.4 0.3 0.1

Purchase Quantibes Demand

1 2 3 412120 120 120 120340240240 240 - 120 120 360 360 - 2400 240 480

What is the maximum potential payoff under conditions of certainty?

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