(Optional) Redo Exercise S11, but assume that the probability that BMA is low cost is 0.6. (Optional) Repeat Exercise S11, but assume that a low-cost BMA has a per-unit cost of 0.2, and a high-cost...


(Optional) Redo Exercise S11, but assume that the probability that BMA is low cost is 0.6.


(Optional) Repeat Exercise S11, but assume that a low-cost BMA has a per-unit cost of 0.2, and a high-cost BMA has a per-unit cost of 0.38. Let the probability that BMA is low cost be 0.4.




May 26, 2022
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