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Edges Bookstore needs to decide how many copies of a new paperback book to purchase. The store has estimated that demand will be 50, 100, 150 or 200 copies next month and has to decide whether to order 50, 100, 150 or 200 books for this period. Each book costs Edges $8.50 and can be sold for $15.00. Any unsold books will be sent back to the publisher for a $3.50 refund. Edges has researched the market and expects the probability of selling 50 books as 02, 100 books as 0.35, 150 books as 0.25 and 200 books as 0.20. Construct a payoff table for this problem (alternatives matching the demand levels) Calculate the Expected Value for each alternative. Give a recommendation to Edges as to how many books they should order. Calculate the EV with PI and the EV of PI for this problem. How would you interpret the EV of PI result?
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.
Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.
What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?
Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..
This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.
Identify the purposes of different types of organisations.
Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur
This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.
Prepare a major handout on the key principles of instructional leadership
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