The SoftDrink Company must decide whether or not to introduce a new diet drink. Management feels that if it does introduce the d
iet soda it will yield a profit of $1 million if sales are around 100 million, a profit of $200,000 if sales are around 50 million, or it will lose $2 million if sales are only around 1 million bottles. If the company does not market the new diet soda, it will suffer a loss of $400,000. An internal marketing research study has found P(100 million in sales) = 1/3; P(50 million in sales) = 1/2; P(1 million in sales) = 1/6. ShouldSoftDrink introduce the new diet soda?
So how I would estimate is by see that each piece is going to be 1 and 1/6 but you have 6 and 7/8 feet of plywood so 1 can go into 6 six times but since you got that 1/6 for each piece is lower it down do about 4, so he can make about four. lol