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A large manufacturing company has had a very difficult time for the last couple of years in the market it operates. Its Board of Directors must now decide whether or not a new factory should be built and the size of the factory. The MD of the company suggests that the company should conduct a market survey to gauge how the market will react to the product that the company intends launching. The research department has provided the following information: P (favourable selling conditions) = 0.55P(favourable market research/favourable selling conditions) = 0.75P(unfavourable market research/unfavourable selling conditions) = 0.80It is estimated that a large factory under favourable selling conditions will realize a profit of $300000, but will suffer a loss of $200000 under unfavourable selling conditions. In addition, it is estimated that a small factory will realize a profit of $200000 if selling conditions are favourable, but will suffer a loss of $120000 under unfavourable selling conditions. The cost of conducting market research will amount to $10000, which is not taken into account when calculating profit and loss. With the aid of a labeled decision tree, determine the optimal course of action the company should take. Show details of your calculations.
Identify ways nurses use communication to provide culturally competent and effective education to promote patient health literacy and learning. Explain why it is important for the nurse to use effective verbal and non-verbal communication in the de..
Thinking about how patterns of child-rearing vary by class, lower-class parents generally stress _____, while well-to-do parents typically stress _____.
q1. what do you think you have in common with other americans your age?- how do you feel like a citizen of america?q2.
For each of the 7 wellness pillars you will develop a list (2-5) of core values (statements - bullet point format / no paragraphs) that provide the critical foundation or basis of how and why you live out your life in that wellness pillar area or ..
Who are the different stakeholders involved in this form of tourism? For example consumers, communities, industry enterprises, governments, non-government organisations.
The higher the wind speed and the longer the fetch or distance of open water across which the wind blows and waves travel, the ____ waves and the ____ enerty they prosses.
each part of the united states has at least one ecological crisis based on location biome and industrialization
According to one theory of color vision, colors are signaled in pairs by neurons that fire faster to one color and slower to another color. This theory is known as the. The sensory receptors for smell are referred to as. which drug tends to produce..
Explain how Louis XIV used the various arts and his motives for doing so
David is a man who has always been driven to achieve a great deal at work and also to create art through painting and sculpting. According to Horney, David is driven to perform these behaviors as
Identify and describe the sampling strategy you would use to recruit participants for your study. Estimate the number of participants you would need and explain why your sampling method is appropriate for your research design and approach.
Select one (1) project from your working or educational environment that you would use the hypothesis test technique. Next, propose the hypothesis structure (e.g., the null hypothesis, data collection process, confidence interval, test statistics,..
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