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One local hospital has just enough space and funds presently available to start either a cancer or heart research lab. If administration decides on the cancer lab, there is a 20 percent chance of getting $100,000 in outside funding from the American Cancer Society next year, and an 80 percent chance of getting nothing. If the cancer research lab is funded the first year, no additional outside funding will be available the second year. However, if it is not funded the first year, then management estimates the chances are 50 percent it will get $100,000 the following year, and 50 percent that it will get nothing again. If, however, Merciless's management decides to go with the heart lab, then there's a 50 percent chance of getting $50,000 in outside funding from the American Heart Association the first year and a 50 percent change of getting nothing. If the heart lab is funded the first year, management estimates a 40 percent chance of getting another $50,000 and a 60 percent chance of getting nothing additional the second year. If it is not funded the first year, then management estimates a 60 percent chance for getting $50,000 and a 40 percent chance for getting nothing in the following year. For both the cancer and heart research labs, no further possible funding is anticipated beyond the first two years.What is the expected value for the optimum decision alternative?
a. $40,000
b. $20,000
c. $100,000
d. $60,000
e. $50,000
the production manger advises the manufacturer that the factory should go for manufacturing instead of procuring them from the open market.list out reasons for the decision of the production manager backed up by the necessary data.
calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.
Enterprise systems provide maximum benefits to an organization by a) providing improved financial reporting, b) providing a better data entry system
Analyze the different development approaches and discuss which approach (or which combination of approaches) would be most appropriate to you in your current position and state why.
If it were necessary to crash to 250 or 240 days, explain how would Hill do so also at illustrate what costs. As noted in the case, Assume which optimistic time estimates can be used as crash times.
Every day that a patient is hospitalized, they receive a set of pre-packaged supplies first thing in the morning or upon check-in. Regardless of use or not, the supply set is disposed and replaced the next day.
What are some ways in which senders might receive feedback from their messages? How might this feedback affect the sender
Cicleta manufacturing has four activities: receiving materials, assembly, expediting products, and storing goods. receiving and assembly are necessary activities; expediting and storing goods are unnecessary.
explain how to design his new organization. This design will comprise management structure, pay system also allocation of work to individuals also groups.
Working in a foreign country could have its difficulties. These difficulties could change if you are there for a short term assignment as compared to long term assignment.
How does a CMO view Products/Brands? In your answer include the topics of "product/brand loyalty," "product/brand equity," and "leveraging products/brands" to build competitive marketing advantage.
A bond has a face value of $1,000, is redeemable in eight years, and pay interest of $100 at the end of each of the eight years. if the bond can be purchased for $981
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