Question: Use the Outsourcing Decision Model Excel file to compute the cost of in house manufacturing and outsourcing for the following levels of demand: 800, 1000,

Use the Outsourcing Decision Model Excel file to compute the cost of in house manufacturing and outsourcing for the following levels of demand: 800, 1000, 1200, and 1400. Use this information to set up a payoff table for the decision problem, and apply the aggressive, conservative, and opportunity loss strategies.

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