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A. Mr. Maloy has just bought a new $40,000 sport utility vehicle. Given his health conditions, he believes that there is about a 15% chance of being in an accident (that he caused) in the forthcoming year. If he is involved in an accident (he causes), the damage to his new vehicle depends on the severity of the accident (see table). Mr. Maloy is trying to decide whether he is willing to pay $600 each year to buy collision insurance with a $1500 deductible (i.e. He pays the first $1,500 in damages if he causes an accident and the insurance company pays the remainder.) Should he buy the insurance? (Note that if the accident is caused by another person that other person is responsible to pay for the damages to Mr. Maloy’s vehicle.) Therefore there are only two cases – 1. An accident he causes 2. No accident or an accident caused by someone else.
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Atlanta: fixed costs (annual)= 80000.
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Explain the various privacy rights that businesses on the Web are lawfully obligated to adhere to. Describe some of the gray areas in enforcing these laws on the Internet.
While it is easy to see the ways in which technology has improved emergency management, it has also introduced some challenges. What is one specific challenge you believe technology has posed for emergency management? How can that challenge be overco..
From the e-Activity, determine the innovation strategies of both UPS and FedEx, and analyze the manner in which each company's focuses on achieving superiority in terms of responsiveness and efficiency. Provide at least three (3) examples from the..
A large catalogue retailer of fashion apparel reported $100,000,000 in revenues over the last year. On average, over the same year, the company had $5,000,000 worth of inventory in their warehouses. How many times each year does the retailer turn its..
List the management and organizational forces that contribute to resistance to change at the US Air Force Academy.
How might a Wal-Mart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Wal-Mart's case for gaining the board's approval?
You may recall hearing about a past legal case in which a woman sued McDonalds because of burns she received when hot coffee spilled in her lap. At the time, she was riding in her nephew’s sports car and they purchased the coffee at McDonalds’ drive-..
After some thought, you feel that it might be embarrassing if you run out of shillings and need to ask to convert additional dollars, so you really do not want to run out of shillings
What kind of health care plan would you participate in? How much is your monthly premium? How much does your employer pay monthly?
Draw a graph to depict inventory level against time and show on it the quantities found above. Also, what is the maximum inventory level?
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