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

Question 14

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.   What is the expected opportunity loss of purchasing four dozen T-shirts? A)  84 B)  108 C)  156 D)  204 What is the expected opportunity loss of purchasing four dozen T-shirts?


A) 84
B) 108
C) 156
D) 204

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