The selling price is P240.00/case and the cost P120.00/case. As experience in the past as number of cases demanded in 90 days provide the following information

Daily Demand No. of days Demanded Probability of each

In Case Level of demand

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10 18 .20

11 36 .40

12 27 .30

13 9 .10

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90 days 1.00

a. What is the expected profit if the store will stock 10 cases? _______________

b. What is the expected profit if the store will stock 12 cases? _______________

What is the expected profit of perfect information? _____