You?ve just decided to ad

You?ve just decided to ad

You?ve just decided to add a new line to your manufacturing plant. Compute the expected loss/profit from the line addition if you estimate the following:There is a 70% chance that profits will increase by $100,000.There is a 20% chance that profits will remain the same.There is a 10% chance that profits will decrease by $15,000.Loss of $15,000Gain of $68,500Gain of $ 71,500Gain of $100,000

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