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!
Southern Gas Company ( SGC) is preparing to make a bid for oil and gas leasing right in a newly opened drilling area in the Gulf of Mexico. SGC is trying to decide whether to place a high bid of $ 16 million or a low bid of $ 7 million. SGC expects to be bidding against its major competitor, Northern Gas Company ( NGC) and predicts NGC to place a bid of $ 10 million with probability 0.4 or a bid of $ 6 million with probability 0.6. Geological data collected at the drilling site indicates a 0.15 probability of the reserves at the site being large, a 0.35 probability of being average, and a 0.50 probability of being unusable. A large or average reserve would most likely represent a net asset value of $ 120 million or $ 28 million, respectively, after all drilling and extraction costs are paid. The company that wins the bid will drill an exploration well at the site for a cost of $ 5 million. a. Develop a decision tree for this problem. b. What is the optimal decision according to the EMV criterion?
Firm operates 220 days a year also uses couplings at a steady rate of 50 per day. Couplings can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling; also machine setup cost is $70 per run. Determine economic run quantity.
Illustrates what is the maximum number of applications per hour which can be handled by the present configuration of the process.
the ordering cost can be cut to $4.00, illustrate what will be the new economic order quantity, order frequency and Yearly inventory management cost.
Illustrate what are some of major political risks associated with investing in a foreign country. Explain how does threat of global terrorism affect foreign investment also foreign-exchange market in world today.
Recently, to broaden its appeal, Food Fare added barbecue, seafood and steak to its menu. Required For each case, classify important structural cost drivers for business and related strategic issues that it should address to be competitive. Explai..
What should a firm do to promote voice in organizations, and why is this important in promoting organizational justice?
Illustrate what do you think is MOST important reason, explain why supply chain management is important to Regal and firms like it. Explain why.
Illustrate what recommendations will you give to a clinic based on "characteristics of well-designed service system" to improve its services for "more-to-be".
Illustrate what is average inventory if costs are minimized. Suppose that ordering cost is not $20.68 and Cotteler has been ordering 175 units each time an order is placed. For this order policy.
Calculate the reasons cited by O'Brian for relocation is they justifiable. Illustrate what legal also ethical responsibilities does a industry have to its employees when a decision to cease operations is made.
She must be able to pay cash for all corn at the time of purchase. Use linear programming to decide explain how Alexis can maximize her cash on hand at the end of April.
who can produce an average of 30 also 50 devices of 1st also 2nd types per day. Workers receive $10 per day also machine also overhead cost is $120 also $100 per day respectively. a. Compute Labour, material, machine also overhead productivity.
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