In the SciTools example, use a two-way data table to see how (or whether) the optimal decision changes as the bid cost and the company’s production cost change simultaneously. Let the bid cost vary...


In the SciTools example, use a two-way data table to see how (or whether) the optimal decision changes as the bid cost and the company’s production cost change simultaneously. Let the bid cost vary from $2000 to $8000 in increments of $1000, and let the production cost vary from $90,000 to $105,000 in increments of $2500. Explain your results.



May 22, 2022
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