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

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. How many dozen T-shirts should you purchase based on minimizing the expected opportunity loss?

A) 1
B) 2
C) 3
D) 4