Given the following opportunity loss function,determine the loss when 600 units are sold. Opportunity loss = 2 (600 - X)for X ≤ 600,otherwise 0.
A)2
B)600
C)1,200
D)0
E)300

Question

Quizplus · Accepted Answer

The opportunity loss is 0 when 600 units are sold because the function specifies that for X ≤ 600, the loss is calculated as 2(600 - X), but when X equals 600, the loss is 2(600 - 600) = 0.

Given the Following Opportunity Loss Function,determine the Loss When 600