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A company that makes soap and shampoo products has developed a new line of shampoo. This new shampoo has a unit contribution of $5. The
A company that makes soap and shampoo products has developed a new line of shampoo. This new shampoo has a unit contribution of $5. The break-even level of sales is $2,000,000 or 400,000 units. The marketing division of the company believes that there is a 40% chance of sales of 500,000, a 30% chance of 300,000, and a 30% chance of 200,000. Draw and solve the tree for the company's decision concerning the shampoo.
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