What three or four likes or interests

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1. How many T-shirts are needed for the upcoming T-shirt festival in Utah? You can supply 500 T-shirts for $4000, 1000 for $7500, or 1500 for $11000. Each T-shirt that sells will earn $17, and leftovers that don’t sell can be salvaged for $1 each. Over the last 10 years, demand has been 400 once, 88 four times, 1200 three times, and 1600 twice. How many T-shirts should you supply and what is your expected profit? Also, calculate and interpret the EVPI.

2. You are a brand manager for a sneaker manufacturer like Nike or Under Armor and are trying to use Facebook to reach (a) college-age women and (b) men over 55 years of age. What three or four “likes” or interests would you expect each segment to have when you try to reach it with Facebook?

Reference no: EM132264644

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