Columbus grocery store faces demand for freshly squeezed pomegranate juice. The daily demand for freshly squeezed juice ranges from 10 to 20 gallons. The grocery store offers the juice in a special 1 gallon bottle. Each gallon costs $8 to make and is sold for $15. Any juice that is not sold by the end of the day can all be sold to a local food processor for $5. Compute the decision rule ratio using the marginal analysis (rounding it to two decimal places). O 0.53 O0.47 O0.50 D0.30 D0.70

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section9.2: Elements Of Decision Analysis
Problem 2P
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Columbus grocery store faces demand for freshly squeezed pomegranate juice. The
daily demand for freshly squeezed juice ranges from 10 to 20 gallons. The grocery
store offers the juice in a special 1 gallon bottle. Each gallon costs $8 to make and is
sold for $15. Any juice that is not sold by the end of the day can all be sold to a local
food processor for $5. Compute the decision rule ratio using the marginal analysis
(rounding it to two decimal places).
0.53
O0.47
O 0.50
O 0.30
O0.70
Transcribed Image Text:Columbus grocery store faces demand for freshly squeezed pomegranate juice. The daily demand for freshly squeezed juice ranges from 10 to 20 gallons. The grocery store offers the juice in a special 1 gallon bottle. Each gallon costs $8 to make and is sold for $15. Any juice that is not sold by the end of the day can all be sold to a local food processor for $5. Compute the decision rule ratio using the marginal analysis (rounding it to two decimal places). 0.53 O0.47 O 0.50 O 0.30 O0.70
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