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An entrepreneur is planning to market a new brand of bottled unsweetened, organic iced tea. The revenue on each bottle of iced tea to be

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An entrepreneur is planning to market a new brand of bottled unsweetened, organic iced tea. The revenue on each bottle of iced tea to be sold has been determined to be $2.84 The entrepeneur needs to decide on the size of of the bottling plan to produce the iced tea. A small bottling plant will have an annual operating cost of $160K and be able to fill 236K bottles per year. A large bottling plant will have an annual operating cost of $327K and be able to fill 535K bottles per year. Three levels of demand are considered likely: 10,000,100,000 and 500,000 bottles per year. Complete parts (a) through (i) below. a. Construct a payoff table, indicating the events and alternative courses of action. Select the correc (Do not include the $ symbol in your answers.) A. b. Construct a decision tree. Select the correct answer below and fill in the answer boxes to comple (Do not include the $ symbol in your answers.) An entrepreneur is planning to market a new brand of bottled unsweetened, organic iced tea. The revenue on each bottle of iced tea to be sold has been determined to be $2.84 The entrepeneur needs to decide on the size of of the bottling plan to produce the iced tea. A small bottling plant will have an annual operating cost of $160K and be able to fill 236K bottles per year. A large bottling plant will have an annual operating cost of $327K and be able to fill 535K bottles per year. Three levels of demand are considered likely: 10,000,100,000 and 500,000 bottles per year. Complete parts (a) through (i) below. a. Construct a payoff table, indicating the events and alternative courses of action. Select the correc (Do not include the $ symbol in your answers.) A. b. Construct a decision tree. Select the correct answer below and fill in the answer boxes to comple (Do not include the $ symbol in your answers.)

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