The National Sales Manager for "I Colored This" (ICT)T-Shirts Provides

question 37

Multiple Choice

The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the following opportunity loss table showing the potential lost profit for each purchase decision or act from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. What is the expected opportunity loss of purchasing three dozen T-shirts?

• A)84
• B)108
• C)156
• D)204

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