Agri Farm Ventures produces cases of food products. Each case contains an assortment of fruits, vegetables, and other fresh produce. Each case costs $5 and sells for $15. If there are any cases not sold by the end of the day, these are sold to another company for $3 a case to process. The probability that the daily demand will be 100 cases is 0.3, the probability that daily demand will be 200 cases is 0.4, and the probability that daily demand will be 300 cases is 0.3. Agri Farm Ventures has a policy of making sure customers are always satisfied. Hence, if its own supply of cases of food products is less than the demand, it buys the necessary products from a competitor. The estimated cost of doing this is $16 per case. Question 1 1 pts Refer to the Agri Farm Ventures problem. What are the decision alternatives
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Agri Farm Ventures produces cases of food products. Each case contains an assortment of fruits, vege...
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