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!
Mr. Maloy has just bought a new $40,000 sport utility vehicle. Given his health conditions, he believes that there is about a 15% chance of being in an accident (that he caused) in the forthcoming year. If he is involved in an accident (he causes), the damage to his new vehicle depends on the severity of the accident (see table). Mr. Maloy is trying to decide whether he is willing to pay $600 each year to buy collision insurance with a $1500 deductible (i.e. He pays the first $1,500 in damages if he causes an accident and the insurance company pays the remainder.) Should he buy the insurance? (Note that if the accident is caused by another person that other person is responsible to pay for the damages to Mr. Maloy’s vehicle.) Therefore there are only two cases – 1. An accident he causes 2. No accident or an accident caused by someone else.
Probability of an accident (he causes) 15%
Cost of insurance $600
Deductible $1,500
Type of Accident Cost Cond. Probability
Total $40,000 5%
Very Bad $10,000 15%
Unpleasant $3,000 25%
Little Damage $1,000 55%
Please give me the excel worksheet answer with formulas
Prepare a cause and effect diagram to analyze why a machine has produced a large run of defective parts.
The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. What is the recommended production rate if a level strategy is adopted with no back orders or stockouts?
Which of the following is least important as a consideration for a firm at the beginning of a supply chain?
Setup cost is $60 for a run, and holding cost is $2 per box per month. Hint 1: Setup cost should be treated as ordering cost. Hint 2: Larger time unit is the month and smaller time unit is the day.
Use the following business rules to create an ERD which include all appropriate connectivities and cardinalities. A department employs many employees, but each employee is employed by one department. Some employees, known as “rovers,” are not assigne..
Explain three forces leading companies to pursue international operations. More and more companies are expanding outside their country of origin to pursue international operations.
What factors operate in the VDOT's general and specific/internal environment and what impact did this have on the VDOT's effectiveness.
What are your company's likely weaknesses? Is the competition in your industry segment entrenched? Is your own management team inexperienced? Will it be challenging to actually produce your product and maintain quality?
The emphasis is on analyzing the different business operations as they are implemented in the company and compare them to what an optimal operations structure would be. The student should take the position of a "business consultant" who is assign..
Snow removal and disposal are important and expensive activities in Montreal and many northern cities. Although snow can be cleared from streets and sidewalks by plowing and shoveling, in prolonged subfreezing temperatures, the resulting banks of acc..
Jack is allowed ten minutes to pack his persoanal belongings in his briefcase, and then is escorted out of the building. He is given no chance to explain anything, no chance to ask questions. How do you feel about how Jack was treated? Does he hav..
In a brief 2-3 page analysis, identify the image you chose. Describe the meaning of the image as a whole. Then describe the meaning of the image as the first element is removed and again after the second is removed. What does this exercise show yo..
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