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Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be started only if there is a good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. The profits will depend on the size of the shop and whether the market is favorable or unfavorable for his products. Because there will be a 5-year lease on the building that Jerry is thinking about using, he wants to make sure that he makes the correct decision. Jerry is also thinking about hiring his old marketing professor to conduct a marketing research study. If the study is conducted, the study could be favorable (i.e., predicting a favorable market) or unfavorable (i.e., predicting an unfavorable market). Develop a decision tree for Jerry. 1-obtain optimistic / pessimistic solution for Jerry? 2- use the minimax regret method to recommend another solution for jerry? 3- calculate the evpi? 4- how far can this probability value deviate from 0.6 without causing Jerry to change his decisions?
Jack thinks his holding cost per unit is 10%. If Jack orders at EOQ, what will be the average inventory of fuel in his 30,000 gallon tank?
Your task is to compare and contrast Groupthink and the Abilene Paradox in the international decision making process. How are they similar and how might they differ? Is it possible that they are ever forces for the “positive”? Your discussion should ..
Do you think women natureally use different forms of power or influence tactics? Is Holmes showing this in her work?
Ellers Technical Support Professionals is young company that was started five years ago by William “Bill” Ellers. what are the primary causes of turnover?
q1 find three products advertised or sold over the internet with senior citizens discounts what are they and how big
Choosing a career path can help you set professional goals and achieve desired results. In the area of Supply Chain, various career path are available.
What are ethics committees and what role do they play in health care settings? Provide an example of a situation in which you would call a hospital ethicist to consult?
Identity and explain the 2-market implementation approach that will be ideal for SWOT Analysis and Product Life Cycle?
Discuss the advantages and disadvantages of a corporate venture capital?
In one paragraph, define the term "presence.”
Discuss the purpose of job evaluations. Compare and contrast job evaluations conducted for managerial positions versus hourly positions at a company.
A limitation of the balance sheet that is not also a limitation of the income statement is
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