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EMV for Box is? EMV for Bag is? fA sugar supplier was considering changing its packaging from a bag to a box. The increased cost
EMV for Box is?
EMV for Bag is?
\fA sugar supplier was considering changing its packaging from a bag to a box. The increased cost would be 0.5;) each, which would reduoe the prot per pack from 5.5p to 5.Dp. However, the box would be more convenient to the customer and might generate extra sales. Management considered the probability.r of a 20% increase in sales to be 0.6. {The alternative is no change in sales.) Their planning horizon was two years, during which they might cun'enijgir expect to sell 1 million packs. Draw a decision tree to evaluate the decision to change packaging. What are the expected monetary values of changing to the box or remaining with the bag? 8. EMV for ED): is: O 57,000 0 50,000 O 00,000 0 50,000 0 55,000Step by Step Solution
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