The owner of the Humber North Fashion Company must decide among mass producing 100,000 turtle neck sweaters,
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Question:
The owner of the Humber North Fashion Company must decide among mass producing 100,000 turtle neck sweaters, designing and producing 10,000 new gala dresses, or leasing their production facilities to another company. The profit that will result from each alternative will be determined by whether material costs remain stable, increase moderately, or increase significantly. In the payoff table below the estimated profits/losses are given in$
$
thousands.
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