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MECHPRO Corporation sells a certain model of a calculator for P400 each. The following are possible volumes of unit sales next year: Sales Volume Probability
MECHPRO Corporation sells a certain model of a calculator for P400 each. The following are possible volumes of unit sales next year: Sales Volume Probability 20,000 0.30 40,000 0.30 60,000 0.40 Scenarios: 1. What is the expected value of sales volume? The expected value of sales revenue? 2. What is the estimate for next year's sales volume under the deterministic approach? The sales revenue
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