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The Sales Team Projects That the Annual Demand for Their

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The sales team projects that the annual demand for their new and improved Mediocrity Plus™ product will be normally distributed with a mean of 143,000,000 units and a standard deviation of 27,500,000.The break-even point is 123,000,000 units and for each unit sold less that that number, the company will lose $875.What is the expected opportunity loss?

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EOL = Kσ N(D)= $875(...

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