Refer to Exercise 2. The deodorant manufacturer knows that historically 30% of new products of this type
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Refer to Exercise 2.
The deodorant manufacturer knows that historically 30% of new products of this type have met high demand, 40% moderate demand, and 30% low.de- mand.
(a) According to the expected monetary value criterion, which production process should be used?
(b) Draw the decision tree for this manufacturer's problem.
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