Small manufacturer of several different jam products

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Palmer Jam Company is a small manufacturer of several different jam products. One product is an organic jam that has no? preservatives, sold to retail outlets. Susan Palmer must decide how many cases of jam to manufacture each month. The probability that demand will be 7 cases is 0.05?, for 8 cases it is 0.20?, for 9 cases it is 0.45?, and for 10 cases it is 0.30. The cost of every case is $ 40?, and the price Susan gets for each case is $ 80. ? Unfortunately, any cases not sold by the end of the month are of no value as a result of spoilage. Based on the given? information, Susan's conditional profits table for jam? is:

Reference no: EM132283460

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