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Renesmee Corporation is a chemical company. The research and development manager is trying to decide whether or not to develop a new solvent that would work at all conditions. It is thought that the solvent project may be a major success with an estimated value of $ 500,000, a moderate success with an estimated value of $200,000 since it can be sold to another company to help with its current project or a total failure. If the project is a failure it will cost the company $450,000.Based on the subjective judgment of the manager, the following probabilities are assigned to the three possibilities. P( major success) = 0.40 P( moderate success) = 0.30 P( failure) = 0.30 a) Construct a decision tree for this problem. What is the optimal decision strategy and its expected value? b) What is the expected value of perfect information? Explain what it means.
Illustrate what kinds of things would likely requisite forecasts. Illustrate what inventory items does Hazel probably have. Name one inventory decision she has to make periodically.
When a government is corrupt and it is taking the life of innocent people, do we have the moral right to destroy the government by force? Please explain with specific ethical reasons.
what is the responsibility of individual employees to their employers and to their government, when there seems to be a conflict?
Macon Controls produces three different types of control units used to protect industrial equipment from overheating. Each of these units must be processed by a machine that Macon considers to be their process bottleneck.
MMS Associates is a telecommunications service provider. The company is currently redesigning its main office to accommodate six newly hired salespeople. Some of the salespeople are expected to work in teams,
she fears which the supervisors will be biased towards making the component in house, as they tend to favour retaining more work for their people. Elucidate what should Nancy Bush do.
Using the case scenario above, provide an assessment of the current business. Describe the company in terms of size, type of business, etc. Explain why you think an HRIS is needed.
How can a university, which is also a service organizaiton, benefit from integreated software?
Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important. Your initial post should be at least 200 words in length
Simulate the sales of programs at 10 football games. Use the random numbers and what would the average profits be for the 10 games that were simulated?
Why are unions exploring new collaboration solutions in the face of economic/work adversity, and how did Saturn's ambitious Quality of Work Life (QWL) program address these factors? In addition, describe why the program was eventually dissolved.
How would you describe Osborne's current leadership style? Based on the path goal theory, which style do you think he might most effective use to turn things around with Larry Gibson?
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