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Play now? Play later? You can become a millionaire! That''s what the junk mail said. But then there was the fine print: If you act before midnight tonight, then here are you chances: 0.1% that you receive $1,000,000; 75% that you get nothing, otherwise you must PAY $5000. But wait, there''s more! If you don''t win the million AND you don''t have to pay on your first attempt then you can choose to play one more time. If you do, then we 20X your probability of winning big - yes, you will hava a 2% chance of receiving $100,000 and 60% chance of winning $7500, but must pay $10,000 otherwise. What is your expected outcome for attempting this venture? Solve this problem using a decision tree and clearly show all calculations and the expected value at each node. Answer these questions: 1) should you play at all? (5%) And if so, what is my expected (net) monitary value? (10%) 2) If you play and don''t win at all on the first try (but don''t lose money), should you try again? (5%) Why? (5%) 3) clearly show the decision tree (40%) and expected net monitary value at each node (25%)
Complete a SWOT analysis for McDonald's to include SO, WO, ST, and WT Strategies, then develop a SPACE matrix for McDonald's. Using these matrices, draw conclusions regarding both the long term and short term strategies you would recommend.
What decisions did they make that led to the crisis? What future impacts will this crisis have on the market? On buyers? On corporations?
What are at least four supply-chain management strategies used in Regal Marine? Present and explain them.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
How much should be invested at 12% nominal interest rate, compounded monthly, to provide equal yearly payments of $10,000 per year for 6 years
post a 150- to 300-word response to the following discussion question what does communication style mean to you?
Since arriving aircraft have limited fuel we want to determine how many time intervals they wait before having access to the strip.
Read the Location Selection through Integrated Systems Management article. Define Integrated Systems Management in your own words.
what do you think are the cost factors to consider when implementing a lean process improvement? what types of products
An automobile emissions testing center has six (6) inspectors and tests 50 autos per hour. What does the math look like
1.be able to understand the concept of risk roles and responsibilities for risk management and risk management tools
Assuming which no ships are in harbour at time 0,run simulation for 90 days also compute minimum, maximum, also average time which ships are in harbour (which includes their time in berth). Also estimate expected utilization of each berth also of ..
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