A clothing manufacturer must decide which of two clothing lines to emphasize for

Question

A clothing manufacturer must decide which of two clothing lines to emphasize for the spring season, her usual line or a budget line. Her success with each line depends on the state of the economy next year She estimates the payoft matrix to be as follows: Strong Economy 13,000 40,000 In-Between Economy 19,000 28,000 Weak Economy 29,000 8,000 Budget Line Usual Line Use the payoff matrix to determine what is the manufacturers best strategy if she is an optimist? O A. Wait and see O B. Emphasize the budget line O c. Emphasize the usual line Click to select your answer Simulator AntiVirus Shortcut Paper revised

Explanation / Answer

Ans:

If,she is optimist,she will choose maximum of maximum approach:

So,he will Emphasize th usual line.

Option C is correct.

strong in between weak Maximum Budget 13000 19000 29000 29000 Usual 40000 28000 8000 40000

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.