Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 13 Mar 2018 My Price 4.00

Green Thumb Garden Supply

Green Thumb Garden Supply orders plants to sell to its customers. Each plant costs $23 to purchase and another $15 to grow and feed for season. The plants will be sold for $65 a piece. Once the season is over, the remaining plants will be sold for just $25. The company estimates demand for the plants in the table below. Can you generate a payoff table, and compute the expected value for each alternative? What is the expected value for perfect information? How many plants should the garden supply company purchase? Demand Profitability 22 0.15 23 0.25 24 0.25 25 0.25 26 0.10

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Mar 2018 07:03 AM My Price 4.00

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