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At the beginning of December, XYZ Company employed a contractor to cut enough trees to meet the expected demand for Christmas trees. They sell these

At the beginning of December, XYZ Company employed a contractor to cut enough trees to meet the expected demand for Christmas trees. They sell these trees to a local wholesaler in batches of 100. Over the past few years, the demand has been as follows, Demand Probability 0 0% 1 4% 2 6% 3 10% 4 23% 5 17% 6 14% 7 12% 8 9% 9 5% If it costs $12 to cut and trim a tree that sells for $28, What is the expected profit (loss) if the company decides to cut 400 trees

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