6) Daily sales of bread by Salvador Monella's Baking Companyfollow the historical pattern shown in the table below. It coststhe bakery 50 cents to produce a loaf of bread, which sells for 95cents. Any bread unsold at the end of the day is sold to the parishjail for 25 cents per loaf. Construct the decision table ofconditional payoffs. How many loaves should Sal bake each day inorder to maximize contribution?
Demand | 400 | 500 | 600 | 700 | 800 |
Probability | .20 | .20 | .40 | .15 | .05 |
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