Introduce a new diet soft drink

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The Super Cola Company must decide whether or not to introduce a new diet soft drink.

Management feels that if it does introduce the diet soda it will yield a profit of $1 million if sales are around 100 million, a profit of $200,000 if sales are around 50 million, or it will lose $2 million if sales are only around 1 million bottles. If Super Cola does not market the new diet soda, it will suffer a loss of $400,000.

a. Construct a payoff table for this problem in Excel.

Reference no: EM13331789

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