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TTImi TTImi
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6 years ago
Daily sales of bread by Salvador Monella's Baking Company follow the historical pattern shown in the table below. It costs the bakery 50 cents to produce a loaf of bread, which sells for 95 cents.
 
  Any bread unsold at the end of the day is sold to the parish jail for 25 cents per loaf. Construct the decision table of conditional payoffs. How many loaves should Sal bake each day in order to maximize contribution?
 
  Demand 400 500 600 700 800
  Probability .20 .20 .40 .15 .05
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Alphabet!Alphabet!
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6 years ago
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TTImi Author
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6 years ago
Thank you, thank you, thank you!
rileyjones420
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This calls for a celebration Person Raising Both Hands in Celebration
jamesbove
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2 hours ago
Brilliant ツ
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