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8. The Elite Pottery Company is planning to market a special product (plate) for a special occasion. They would like to see in which extent

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8. The Elite Pottery Company is planning to market a special product (plate) for a special occasion. They would like to see in which extent profitability is effected by the related cost and sales figures. Construct a tomado diagram for this decision problem. (tt is assumed that the price of the plate will be fixed at $25, so there is no uncertainty associated with this finctor.) Make related calculations for constructing tornado diagram and based on the tornado diagram, explain effects of the variables on the profit. (20 p) Profit=(Price-Variablecost)SalesFixedcosts

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