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Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › UNCERTAINITY IN SALES VOLUME
IF WE HAVE SALE PER WEEK:
VOLUME: PROBABILITY
10 0.3
20 0.5
30 0.2
SALES PRICE $20/UNIT
COST $10/UNIT
ANY UNSOLD UNIT MUST BE SOLD AS SCRAP FOR $1/UNIT
CALUCLATE:
PROFIT TABLE
WHAT IS THE MAXIMUM AMOUNT WORTH PAYING IN ORDER TO KNOW PERFECT DEMAND?
THIS IS REVISION COURSE NOTES QUESTION I CANT FIGURE OUT THE PROFIT TABLE IN THIS ONE?
This is incomplete. Do you have to decide to make 10, 20 or 30 in advance?