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Martina McBride is planning her wedding and needs to select a facility. Martina is a risk-taker by nature. She knows there is a chance of
Martina McBride is planning her wedding and needs to select a facility. Martina is a risk-taker by nature. She knows there is a chance of rain on the chosen date, which is six months away. She has invited 200 people, and there is a chance the attendance will exceed 100. Martina's choices are: 1 - An outdoor wedding. Park rental fee $100. No refund for bad weather. If it does rain, she can get a small hotel ballroom that seats 100 for $1000 or a large ballroom seating 200 for $3000.. 2 - Church social hall. Seats 300 and costs $500. 3 - Select the indoor hotel facility in advance. Small ballroom for $800, large for $1500. If the attendance exceeds 100, the party can be moved to the large room for a total cost of $3000. Martina must make reservations now and will know the attendance and the weather two days before the wedding. Required: Develop a payoff table in Excel for the cost of the facility
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