Question

Calculate the payoffs for the following decision table using the order sizes and demand levels shown....

Calculate the payoffs for the following decision table using the order sizes and demand levels shown. The selling price per unit is $50, and the variable cost per unit is $40. Any unsold units can be sold the following day at a price of $6.         

                  DEMAND

Alternative            100       150           200

Order 100            

Order 150

Order 200

Complete the decision table in dollar amounts.

                               DEMAND

ALTERNATIVE 100 150 200
Order 100
Order 150
Order 200

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