Mathematics, 24.11.2020 23:40 NorbxrtThaG

B. F. Retread, a tire manufacturer, wants to select one of three feasible prototype designs for a new tire; A, B, C. Revenues
Low (0.30) Medium (0.50) High (0.20)
A 120,000 255,000 390,000
B 130,000 295,000 460,000
C 100,000 300,000 480,000

Required:
Calculate the highest value you would pay for a highly reliable forecast.

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