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

question 48

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. 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. How many dozen T-shirts should you purchase based on minimizing the expected opportunity loss? A) 1 B) 2 C) 3 D) 4 How many dozen T-shirts should you purchase based on minimizing the expected opportunity loss?

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