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Expando, Inc., is considering the possibility of building an additional factory that would produce a new addition to their product line. The company is currently considering two options. The first is a small facility that it could build at a cost of $6 million. If demand for new products is low, the company expects to receive $10 million in discounted revenues (present value of future revenues) with the small facility. On the other hand, if demand is high, it expects $12 million in discounted revenues using the small facility. The second option is to build a large factory at a cost of $9 million. Were demand to be low, the company would expect $10 million in discounted revenues with the large plant. If demand is high, the company estimates that the discounted revenues would be $14 million. In either case, the probability of demand being high is .40, and the probability of it being low is .60. Not constructing a new factory would result in no additional revenue being generated because the current factories cannot produce these new products. Construct a decision tree to help Expando make the best decision.
Organizations with clear techniques of negotiation of contracts help managers prepare for effective, successful contract negotiation. Techniques in one negotiation may not effectively work well in another.
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What would you expect the short-term effects on total quality cost to be for a company which is in the initial stages of implementing a new system of continuous quality improvement?
What is the importance of the constitution of a national union? How does it dictate the internal government and procedures of the union?
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Your turn; Choose a portion of the 139 certification process and tell us about why it is so important and initial post should be at least 250 words.
What is the primary advantage of motor carriers versus other modes of transportation? Be sure to cite or include links to your sources.
The average business manager is not likely to know about or use the Federal Registry. Discuss whether or not it important for the average manager in today's business climate to use the Federal Registry on a regular basis.
One of the competitive strategies to consider is whether to be a “first-mover,” “first-follower,” or “slow-mover.” Search for and select two companies that have embraced one of these three strategies for the entire company, a product line, or individ..
Kruger will enhance its citywide image in Miami if it can outsell other local stores in total number of rolls of Super trex next year. Illustrate what constraint would you add.
What are the key questions to be answered by most inventory control models?
Categorize the following causes of complaints into a cause-and-effect diagram: tools, scheduling, defective parts, training, billing system, performance measures, diagnostic equipment, and communications.
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