low moderate high

Probabilities 0.3 0.45 0.35

Kicheko production Company has to decide whether to manufacture either product A,B, or C. The estimated costs ( in \$ 000' s) under each economic condition are indicated in the following payoff table: The likelihood of each demand level is as indicated. Obtain the best course of action using EOL(expected opportunity loss) criterion Kicheko Production Itd