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45. Fulmez Sdn. Bhd. is a toy manufacturer called tingloo. The company is considering to introduce new toy product to the market. The new product
45. Fulmez Sdn. Bhd. is a toy manufacturer called tingloo. The company is considering to introduce new toy product to the market. The new product is believed to have a 50 - 50 chance to penetrate the market. Selling price and manufacturing cost for each tingloo toy is RM 75 and RM 45 respectively. 75 The company has three (3) alternative decisions on how to introduce the new product to the market: 1) Do nothing and miscellaneous cost incurred is RM30 000. 2) Conduct advertisement and cost incurred is RM90 000. 3) Distribute free sample and cost incurred is RM120 000. Based on previous record data, customer will place order to the company on one of the three (3) production volume as follows: 1) 100 000 units .2) 200 000 units 3) 300 000 units Probability the customer will place an order for production volume 100 000. 200 000 and 300 000 units is 0.5.0.3 and 0.2 respectively. Analize the given information and; Develop a payoff table
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