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PMQuestion on Risk and Uncertainty

Former userFormer user4y ago

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John MoffatJohn MoffatTutor4y ago#1
In future you must ask int he Ask the Tutor forum if you want me to answer. This forum is for students to help each other :-) For biscuits that the company sells, they make a profit of either $2 or $3 depending on the quantity they had bought. Any unsold biscuits make a loss of either $5 or $4 (again depending on the quantity they had bought). Any unfulfilled demand (because they had not bought enough) makes a loss of $0.50 per biscuit not supplied.
MmrjonbainModerator4y ago#2
Welcome to Opentuition. As stated above by tutor, please use ask the tutor forum if you want the tutor to answer something directly. May I ask if you could share the answer to the question, or if not possible, how you answered the above questions. Think I know how I would approach the question but curious if I am correct. Anyway, good luck with your future studies.
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