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Author Question: The campus bookstore sells stadium blankets embroidered with the university crest. The blankets must ... (Read 51 times)

asan beg

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The campus bookstore sells stadium blankets embroidered with the university crest. The blankets must be purchased in bundles of one dozen each. Each blanket in the bundle costs $65, and will sell for $90. Blankets unsold by graduation will be clearance priced at $20. The bookstore estimates that demand patterns will follow the table below.

a. Build the decision table.
b. What is the maximum expected value?
c. How many bundles should be purchased?

Demand levelProbability
1 bundle10%
2 bundles30%
3 bundles50%
4 bundles10%


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Marked as best answer by asan beg on Dec 3, 2019

Pamela.irrgang@yahoo.com

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asan beg

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Reply 2 on: Dec 3, 2019
Excellent


momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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