Answer:
Using EMV analysis, the number of units of the new product should be purchased for resale = Purchase 7.
The maximum EMV of profit you can make is 270.
Explanation:
We can use the following method to solve the given problem
Solution:
Using EMV analysis,
EMV (Purchase 6 for resale)= 6(40)(0.1) + 6(40)(0.4) + 6(40)(0.5)=240
EMV (Purchase 7 for resale) = [6(40)-60](0.1) +7(40)(0.4) + 7 (40)(0.5) = 270
EMV (Purchase 8 for resale) = [6(40)-2(60)] (0.1) + [7 (40) - 60] (0.4) + 8(40)(0.5)= 260
Largest EMV= 270; Choose to purchase 7 units for resale.
Step-by-step explanation:
Hopefully this helps :)
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Step-by-step explanation:hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
Answer: ????
Step-by-step explanation:
CAN YOU EXPLAIN WHAT THE QUESTION IS?
IS THERE ANY BACKGROUND INFORMATION ON THIS QUESTION?
DO YOU KNOW THE ANSWER?
WHERE DID THE PROBLEM COME FROM?
WITHOUT THE INFORMATION, WE ARE NOT ABLE TO ANSWER THE QUESTION.
The answer would be 14x+5 I’m pretty sure
