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A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable. The retailer has worked with the airport concession commission, and has projected the following possible annual earnings associated with renting a small, medium, large or very large space:Size Good Economy Fair Economy Poor EconomySmall $70,000 $28,000 -$14,000Medium $112,000 $ 42,000 -$28,000Large $ 140,000 $42,000 -$56,000Very Large $ 420,000 $35,000 -$224,000a) What is the souvenir retailer's maximax decision?b) What is her maximin decision?c) What is her equally likely decision?d) What is her criterion of realism decision, using? = 0.8? e) What is her minimax decision?Do you have the excel file?
If the 1st unit took 8 hours and the 4th unit took 4 hours, then what is the learning curve?
Use scholarly resources to illustrate how epidemiological concepts and tools may be applied to management and decision-making.
What external environment (general, industry, and competitive) segments do you think BP considered or didn't consider prior to their drilling off the Gulf Coast?
Discuss fully, the best strategic plan one of your employer's has (had) and the worst strategic plan one of your employer's has had. Do not name the organization, just use XYZ.
How should it best capitalize on its strategic initiatives in mobile pones, cloud computing, emerging markets and other ventures?
Identify situations that might lead to unethical practices and behavior in accounting. Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
Cesar Rogo Computers, a Mississippi chain of computer hardware also software retail outlets, supplies both educational also commercial customers with memory also storage devices.
An automobile emissions testing center has six (6) inspectors and tests 50 autos per hour. What does the math look like
An electronic component has a specification of 150 +or- 4 ohms. Scrapping the component results in an $80 loss. If the process is centered on the target specification with a standard deviation of 2 ohms, what is the expected loss per unit?
An individual has $25,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio.
suppose, its possible to get rid of variablility in the lead-time as the deliveries are made via sea transportation. what is the most motorola would be willing to pay for this, ie the deliveries would be guaranteed to arrive within 36 days?
What is the expected value of sample information? What is the efficiency of sample information? Because of the expense involved in developing the initial molds and acquiring the necessary equipment to produce fiberglass sailboats for young children
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