Substitute favourable market unfavourable market build, Operation Management

Assignment Help:

Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternatives Favourable Market Unfavourable Market Build large plant 400,000 -200,000 Build small plant 120,000 20,000 don't Build 0 0 Market Probability 0.30 0.70 to maximize the return, Karen's decision should be to ______________ (don't build, build large plant, build small plant)


Related Discussions:- Substitute favourable market unfavourable market build

Describe some possible strategic initiatives that sigma, Suggest some possi...

Suggest some possible strategic initiatives that Sigma could pursue to continue its growth.

Explain cost impact on the hotel''s external customers, The case describes ...

The case describes how quality, speed, dependability, flexibility and cost impact on the hotel's external customers. Explain how each of these performance objectives might have int

Explain mangers and their companies currently performing, How are these man...

How are these mangers and their companies currently performing?

Explain leading a diverse workforce, 1. What lessons about leading people a...

1. What lessons about leading people and managing organizations does Zappos and its CEO, Tony Hsieh, provide? Explain your conclusions. 2. Each of the management challenges%u201

Assignment, Hierarchical planning in operations/production management and t...

Hierarchical planning in operations/production management and types of time frames in each hierarchy

Regal marine, Computer-Aided Design is one of the techniques used by Regal ...

Computer-Aided Design is one of the techniques used by Regal Marine in the manufacturing of boats. With the aid of examples, critically discuss FIVE (5) techniques that are import

Explain in words your motivation to do a good job, Describe in words your m...

Describe in words your motivation to do a good job? Does your company recognize your value? Is your salary/wages indicative of your value?

Explain the strategy or strategies used by parties, Identify negotiation ta...

Identify negotiation tactics of the sequence of events that transpired just before the United States began operation freedom in Iraq. Describe the strategy or strategies used by an

Describe reducing equipment in the production process, Design for manufactu...

Design for manufacturing and assembly delivers product improvements by emphasizing which of the following? Reducing product quality during the assembly process Simplification

#operational performance, what are the 5 operational performance objectives...

what are the 5 operational performance objectives may influence decision making associated to process design and layouts

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd