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orders for clothing to cater for the coming festive season must be placed a month earlier. The cost per unit for a new fashion dress

  1. orders for clothing to cater for the coming festive season must be placed a month earlier. The cost per unit for a new fashion dress is RM30 while the anticipated selling price is RM60. Dresses that are not sold during the festive season can be sold for RM25 to a discount store. Demand is projected to be 60, 70 or 80 units. There is a 50% chance that the demand will be 60 units, a 30% chance that the demand is 70 units, and a 20% chance that the demand will be 80 units.

Draw a payoff table.

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