28. The Steak and Chop Butcher Shop purchases steak from a local meatpacking house. The meat is purchased on Monday at $2.00 per pound, and the shop sells the steak for

$3.00 per pound. Any steak left over at the end of the week is sold to a local zoo for $.50 per pound. The possible demands for steak and the probability of each are shown in the following table: Demand (lb.) 20 21 22 23 24 Probability .10 .20 .30 .30 .10 1.00 The shop must decide how much steak to order in a week. Construct a payoff table for this decision situation, and determine the amount of steak that should be ordered, using expected value./n28. The Steak and Chop Butcher Shop purchases steak from a local meatpacking house. The meat is purchased on Monday at $2.00 per pound, and the shop sells the steak for $3.00 per pound. Any steak left over at the end of the week is sold to a local zoo for $.50 per pound. The possible demands for steak and the probability of each are shown in the following table: Demand (lb.) 20 21 22 23 24 Probability .10 .20 .30 .30 .10 1.00 The shop must decide how much steak to order in a week. Construct a payoff table for this decision situation, and determine the amount of steak that should be ordered, using expected value.