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Assume that you are a decision maker for a company and the company wants to develop and produce a product for following year. The company considers three products. The following table shows the profit as a function of sales potential for each product for next year. Profit ($) as a Function of Sales Potential Sales Potential Excellent (15%) Good (60%) Poor (25%) Product 1 $560,000 $200,000 -$350,000 Product 2 200,000 100,000 10,000 Product 3 320,000 50,000 -20,000 Use the following methods to make a decision (selecting one product to produce for next year) for each method. a) The Pessimistic Rule b) The Optimistic Rule c) The Hurwitz Rule d) Expected value of Profit e) Expected value of Opportunity loss
What are two items regarding the manufacturing process related to the organization that the team finds unique or interesting
Discuss how you could adopt one of these characteristics in your role at work or in your personal life.
the market for foreign exchange please respond to the followinga banks find it necessary to accommodate their clients
Based on these values, estimate the time and budget necessary to complete the project. Describe how would you evaluate these findings? Are they good news or bad news? What could possibly cause this situation to occur? Be specific with examples.
As a company grows illustrate what challenges might it face in replicating in different locations which made it successful. Elucidate how might these challenges be addressed.
Was Microsoft’s bid for Yahoo justifiable? What would be the potential benefits to Microsoft from Yahoo acquisition? Based on the possible benefits, was the bid fair or foul (high/low)?
What are the trade-offs between privatization and federalization? When would one or the other be more appropriate? Give an example of a major abuse of advertising from your own observations and experiences. How do you feel about this as a consumer?
How would you distinguish a just from an unjust dismissal? Is this distinction easier to make for low-level jobs than for high-level or managerial jobs? Explain using job examples.
Your team will discuss the concept of environmental sustainability and will discuss the development of this priority over the past 100 years. You will then select two global companies. The first will be one that practices environmental sustainability..
Describe the three elements that all queuing systems have in common.
Stem cell research is a highly controversial topic. It is often made all the more controversial when discussing embryonic stem cell research. Write a three-page research assignment on stem cells. Define stem cells and distinguish from embryonic stem ..
There are five imaginary surfaces that make up an airport's navigable airspace. Most aviation accidents happen in the primary surface, and they are usually the flavor of runway incursions
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