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Points] CAMMBA4 15.E.005. Corporation is considering three options for managing it and. The annual cost of each option (in thousands of dollars If the demand
Points] CAMMBA4 15.E.005. Corporation is considering three options for managing it and. The annual cost of each option (in thousands of dollars If the demand probabilities are 0.2,0.5, and 0.3, for high, answers in dollars.) EV(Ownstaff)EV(Outsidevendor)EV(Combination)=$1=$1=$1 The decision alternative that minimizes the expected cost Construct a risk profile for the optimal decision in part (a) What is the probability of the cost exceeding $750,000
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