Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
TO BUY A CREDIT REPORT OR NOT:
A manufacturer must decide whether to extend credit to a retailer who would like to open an account with the firm. Past experience with new accounts indicates that 45% are high-risk customers, 35% are moderate-risk customers, and 20% are low-risk customers. If credit is extended, the manufacturer can expect to lose $60,000 with a high-risk customer, make $50,000 with a moderate-risk customer, and make $100,000 with a low-risk customer. If the manufacturer decides not to extend credit to a customer, the manufacturer neither makes nor loses any money. Prior to making a credit extension decision, the manufacturer can obtain a credit rating report on the retailer at a cost of $2000.
The credit agency concedes that its rating procedure is not completely reliable. In particular, the credit rating procedure will rate a low-risk customer as a moderate-risk customer with probability 0.10 and as a high-risk customer with probability 0.05. Similarly, the given rating procedure will rate a moderate-risk customer as a low-risk customer with probability 0.06 and as a high-risk customer with probability 0.07. Finally, the rating procedure will rate a high-risk customer as a low-risk customer with probability 0.01 and as a moderate-risk customer with probability 0.05.
Find the strategy that maximizes the manufacturer’s expected net earnings and state what that value is (show your work).
What does it take to bring a new medication to the market? Should pharmaceutical companies have patents on their drugs? Why or why not? How can pharmaceutical companies recoup the costs associated with failed drugs?
Comment on a specific example of a legal issue with regard to patient treatment that you have witnessed in your work or personal life, and discuss the conflicting issues involved.
Write a brief assessment (two pages) of the Outback Steakhouse case found in the text. Pay particular attention to the following questions: What are the basic elements of Outback's plan for going international? What do you see as the strengths and we..
Learning curves show:
A manufacturer is evaluating options regarding his production equipment. He is trying to decide whether he should refurbish his old equipment for $70,000, make major modifications to the production line for $135,000, or purchase new equipment for $23..
Illustrate what kind of behaviour controls will best facilitate positive interactions both within the teams also among the teams.
You are the Compliance Officer of a 230-bed teaching hospital. You have just read a newspaper article reporting that a physician on the hospital's medical staff has been charged with violations of the False Claims Act in his private practice. When yo..
Edgar Schein is one of the most respected authorities on organizational culture and actually claims that the most important thing leaders do is create and manage culture.
What are HR's interests in this scenario, and what would be the potential negotiation strategy between the Accounting Manager and HR assuming that there is a decision that the published salary range for attracting Jim will have to be exceeded in o..
questionnbspcomputer-aided design is one of the techniques used by regal marine in the manufacturing of boats. with the
Write paper on Whirlpool Corporation. Brief Background. Recommendations for the company
What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd