Decision Analysis for Construct Payoff Table
A car needs to decide whether or not to introduce a new car. Profit of 1 million if sales are around 100 million, a profit of 200,000 if sales a around 50 million, or will it lose 2 million if sales are only around 1 million. If the new car is not on market, it will suffer a loss of 400,000. A. Construct a payoff table. B.