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A company needs to decide whether to switch to a new product or not. The product that the company is currently making provides a fixed payoff of $150,000. If the company switches to the new product, its payoff depends on the level of sales. It is estimated that there are about 30% chance of high-level sales ($300,000 payoff), 50% chance of medium-level sales ($100,000 payoff), and 20% chance of low-level sales (losing $100,000). A survey which costs $20,000 can be performed to provide information regarding the sales to be expected. If the survey shows high-level sales, then there are about 60% chance of high-level sales and 40% chance of medium-level sales when the company sells the product. On the other hand, if the survey shows low-level sales, then there are about 60%chance of medium-level sales and 40% chance of low-level sales when the company sells the product.
Develop risk profile and cumulative risk profile for each strategy
Indicate which strategy dominate the others and explain why. Indicate type of the dominance
Some have argued the Six Sigma programs are merely repackaged versions of older quality improvement programs that originally accompanied TQM initiatives in the 1980s. Present arguments that both support and refute this view.
Prepare an implementation plan for change that would enable Gar Finnvold to create a fully competitive computer service within two years. Review the list of possible interventions below as you develop an implementation plan for NCO.
What is the Deming Cycle? Explain the activities that make up each step.
Evaluate how technology, product, and process developments enable a large company like Anglo American to be sustainable, or not.
A company that sells an online course aimed at helping high-school students improve their SAT scores has claimed that SAT scores will improve by more than 90 points on average if students successfully complete the course.
Assume that the sales representative just walked in the door and there are currently 440 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order?
How might Verwaayen contribute to organizational learning at Alcatel-Lucent?
Describe each competitor by stating their size, goals, market share, product quality, marketing strategy, and positioning. Please include sources.
discuss how you would know that your team was in conflict and what would be a technique you would use to resolve it.
Describe why capable managers sometimes make bad decisions. Describe what individual managers can do to improve their decision-making skills
Illustrate the business research and its purpose. Describe the business problem(s) under investigation.
Your Organization has added a new dealership line to receive the key fob remote. The projected sales for the next six months are 150,000 cars, needing two fobs each. Consider explain how this affects capacity planning.
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