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The Manager of Paul's Fruit and Vegetable Store Is Considering

Question 24

Multiple Choice

The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Because this seedless watermelon costs $4,will sell for $7,and is highly perishable,he expects only to sell between six and nine of them. Based on a maximin decision strategy,what alternative is selected?


A) Order 6
B) Order 7
C) Order 8
D) Order 9

Correct Answer:

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