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We know from a great deal of research that when asked to assign probabilities to uncertain states of nature most people give answers that are over-confident when calibrated against reality and that are also subject to many other systematic and common biases. You are managing a large and risky project to develop wind energy offshore in the Nantucket Sound of Massachusetts. This is a controversial project that is opposed by significant political interests (e.g., the Kennedy family of Hyannisport). You have assembled a group of political and legal experts to advise you on the probability that this opposition could cause more than a year of delay to your development schedule by virtue of litigation and protest. What steps would you take in designing an interview protocol for these experts that would help ensure that the probabilities they assign to this event are well-calibrated in reality (i.e., as free from bias as possible).
Q. Describe about Interest cover? Interest cover = (Profit before interest and tax (PBIT)/ Interest payable) (no. of times) Interest cover shows the safety of e
Cham Stores is one of the biggest private sector employer in the Syria. The company has more than 2000 employees in Syria, Emirates and London. In Syria, Cham Stores range from sma
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Q. Explain about Opportunity cost pricing? Opportunity cost pricing is considered most mathematically correct way of viewing transfer pricing. Reason is that it looks at transf
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Experienced staff of the organisation contributes in the business expansion of the company. Additionally, the company also provides intensive immersion program for its frontline cr
Question: (a) Briefly elaborate on the steps for setting up a maintenance strategy. (b) Failures can be grouped in the following three categories namely Induced, Intermitten
Q. Show the Budgetary planning ? A budget is a forecast and quantified plan of action. Budgetary planning creates a budget like a part of the planning process for the organisat
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