Question: Your manager found a fourth retailer. The fourth retailer would result in the following profits ( in $ 1 0 0 0 s ) under
Your manager found a fourth retailer. The fourth retailer would result in the following profits in $s under low, medium, high, and very high demand:
a Factoring in the fourth retailer in your analysis, which decision should be made according to the EMV decision rule? points
b How much profit would your company make with perfect information? points
c A consulting company wants to help your company have perfect information, but they will charge $ for their services. Should you hire this company? Why? excel
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