The Campus Bookstore Sells Stadium Blankets Embroidered with the University

question 71

Essay

The campus bookstore sells stadium blankets embroidered with the university crest.The blankets must be purchased in bundles of one dozen each.Each blanket in the bundle costs $65,and will sell for $90.Blankets unsold by homecoming will be clearance priced at $20.The bookstore estimates that demand patterns will follow the table below.
a.Build the decision table.
b.What is the maximum expected monetary value?
c.How many bundles should be purchased?

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Definitions:

Parasitic Worm

An organism that lives on or in a host organism and gets its food at the expense of its host, often causing disease.

Bone Marrow

A soft, spongy tissue inside bones that produces blood cells, including red blood cells, white blood cells, and platelets.

Lifespan

The maximum duration of life that an organism can reach, or the length of time an individual lives or a thing exists.

Spleen

An organ located under the ribcage and above the stomach in the left upper quadrant of the abdomen, involved in filtering blood, recycling old red blood cells, and fighting infection.