EMV for Box is?

EMV for Bag is?

The weights of avocados are normally distributed with a mean of 150gms and a standard deviation of 15gms. What is the probability of a randomly chosen avocado weighing more than 170gms?

A 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 5.5::- to 5.0:). However, the box would be more convenient to the customer and might generate extra sales. Management considered the probability 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 cunenljy expect to sell 1 million packs. Draw a decision tree to evaluate the decision to change packaging. What are the expected monetary:r values of changing to the box or remaining with the bag? 8. EMV for ED): is