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Create a payoff table and an opportunity loss table using these. In Microsoft Excel Sale price for each mug is $19.99 Type Amount Probability Demand
Create a payoff table and an opportunity loss table using these. In Microsoft Excel
Sale price for each mug is $19.99
Type | Amount | Probability | |
Demand | Low | 15000 | 0.5 |
Medium | 17000 | 0.3 | |
High | 20000 | 0.2 | |
Order information | Order amount | Cost per mug | |
15000 | $ 8.20 | ||
20000 | $ 7.15 | ||
25000 | $ 6.35 |
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