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Edges Bookstore needs to decide how many copies of a new paperback book to purchase. The store has estimated that demand will be 50, 100, 150 or 200 copies next month and has to decide whether to order 50, 100, 150 or 200 books for this period. Each book costs Edges $8.50 and can be sold for $15.00. Any unsold books will be sent back to the publisher for a $3.50 refund. Edges has researched the market and expects the probability of selling 50 books as 02, 100 books as 0.35, 150 books as 0.25 and 200 books as 0.20. Construct a payoff table for this problem (alternatives matching the demand levels) Calculate the Expected Value for each alternative. Give a recommendation to Edges as to how many books they should order. Calculate the EV with PI and the EV of PI for this problem. How would you interpret the EV of PI result?
Imagine it is your task to calculate ROI for a hypothetical training program. Determine one key element that would factor into your calculation of ROI, and identify the aspect(s) of your hypothetical program that would make the element applicable ..
discuss the concept of organizational behaviorquestion 11 describe the extent to which communication omission
Identify the issues raised in this case. Indicate how it might be decided.
Watson Department Store uses the retail inventory method to estimate its inventories. It intended its cost to retail ratio during the period
What Code section addresses the research question? Does your study of the relevant Code section help you to refine or add to the initial research question(s)?
Understanding of the contextual factors internal and external to a business that impact on a business organisation and its decision making
Describe the relationship between the number of cars sold and the profit salespeople make.
Write a 300-700 word paper in which you address the effects of organizational structure on communication regarding the following scenario:
A. As to Ben, is Allen liable for damages? What defenses would be available to Allen?
Write a four to five (4-5) page paper in which you: Summarize the selected project and describe the primary failures of traditional project risk management. Describe the levels of uncertainty and complexity for the project
Carol was struck by lightening a few days later and died. Bruce told Amy that the revision to the will meant nothing because, for one thing, it was not prepared by a lawyer. Which of the following is the correct term for a document that changes a ..
What criteria should be used for determining admission into the training program? Address these issues in a short memo, explaining and supporting your position.
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