Brilliant color is a small supplier of chemicals and


Brilliant Color is a small supplier of chemicals and equipment that are used by some photographic stores to process 35mm film. One product that Bril liant Color supplies is BC-6. John Kubick, president of Brilliant Color, normally stocks 11, 12, or 13 cases of BC-6 each week. For each case that John sells, he receives a profit of $35 Like many photo- graphic chemicals, B so if a case is not sold by the end of the week, John must discard it. Since each case costs John $56, he loses $56 for every case that is not sold by the end of the week. There is áprobability of 0.45 ofselling 11 cases, a probability of 0.35 of selling 12 cases, and a probability of 0.2 of selling 13 cases.

(a) Construct a decision table for this problem. In- 3-25 as a very short shelf life, clude all conditional values and probabilities in the table.

(b) What is your recommended course of action?

(c) If John is able to develop BC-6 with an ingredi- ent that stabilizes it so that it no longer has to be discarded, how would this change your recom mended course of action?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Brilliant color is a small supplier of chemicals and
Reference No:- TGS02529223

Expected delivery within 24 Hours