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Decision alternative State of nature A B C 1 250 100 25 2 100 100 75 The probabilites for the states of nature are: P(A) = .65....P(B) = .15.....P(C) = .20 i.) what is the optimal value if perfect information were avaaible ii. using the EMV approach what is the recommended decision? what is its expected monetary value? iii. what is the expected value of perfect information.
How many cars would you expect to see in the system. A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used
Tobin is an independent contractor for Wagoneer, Inc. While driving to a meeting at Wagoneer's headquarters, Tobin is texting his supervisor at Wagoneer. As a result of his inattentive driving
Geoff Gullo owns a small firm that manufactures 'Gullo Sunglasses'. He has the opportunity to sell a particular seasonal model to Land's End. Geoff offers Land's End two purchasing options.
a bank charges a 1% fee to process a credit card cash advance. the fee is taken out of the cash advance amount. paul asks a teller for a cash advance of 4,000. how much money should the teller give paul after the cash advance has been processed? 3..
why does the collective behavior of supply managers have such an impact on economic trends?
A majority of states have adopted comparative negligence similar to California; in these states the comparative negligence rule means that?
They utilized 10 gallons of solvent and 2 employees worked 20 days per month, 8 hours per day. Illustrate what is their productivity with the standard equipment.
The pressure in avessel containing methane and water at 70 degree centgrade is 10 atm. At the given temperature, the henry's law constant for methane
If demand for Karla's candles is 25,000, which machine should she pick?
Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order.
Based on the facts above, have the parties entered into a binding contract? Please explain your answer, making sure that you discuss each element of a contract and identifying how each was or was not met.
is the petterson oparation sucessful? to the degree that it can be judged a sucess what factors contribute to it?
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