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New Age is a large company that has been working on a new product. This product has tremendous potential, but New Age must move quickly. They have decided that they will introduce the product in two months and have already started developing their advertising campaign.They are sure that the product will be a success, with a possibility that it will be a huge success. They recently found out that another company, Innovation, has some unique expertise that could significantly improve the new product. They contacted them and Innovation offered to sell their expertise to New Age for $4 million. New Age needs to make an immediate decision on Innovation's offer or it will be too late to investigate the use of the expertise in design of the new product. Without the expertise New Age has a 30% chance of making the new product a huge success. With Innovation's expertise there will be a 40% chance of the new product being a huge success.If the new product is a huge success, the estimated future value is expected to be $40 million. If it is merely a success, the estimated future value is expected to be $20 million.(a) Construct a decision tree and solve the tree(b) Should New Age accept Innovation's offer? Why?(c) Provide critical thinking on New Age's decision
Determine how many instructors Ryder needs to employ. Give preference to Saturday and Sunday off. (Hint: Look for the group of 4 days with the lowest requirements.)
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Why has responsiveness become popular in supply chain strategy also collaboration. Compare also contrast manufacturing also geographic postponement.
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What is the value of DPMO for this process? What is the value of DPMO customarily used to assess process performance using 6-sigma level?
A contractor departed from the specifications at a number of points in a contract to build a house. The cost to put the house in the condition called for by the contractor was approximately $14,000.
has no impact on the costs and profitability of footwear made in Latin American plants and then exported to Europe-Africa.
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Do executives in organizations have an ethical responsibility to think about the fairness of the transactions or the consequences of the sale on the buyer when they sell stock at the top of the market
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