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A franchised service station is considering the offering of an air conditioner (A/C) repair service. They estimate that 0.23 of their customers will purchase this A/C service, which will generate an average profit of $123 per customer.
The main threat to this new service is the possibility of changing environmental regulations that affect A/C service repairs only. These new regulations will cost $45 per customer. The franchise estimates the probability that the new environmental regulation will go into effect is 0.28.
Calculate the expected value per customer of the new A/C service. Round your answer to one decimal place.
Research replication located on your student website. During the third cycle of the replication you need to make a decision about buying machinery.
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Janes's Auto World has a policy of placing an order for 27 of the most popular model whenever inventory reaches 20. Lead time on delivery is two weeks, and 25 automobiles are currently on hand. Simulate 15 weeks's worth of sales using the followin..
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Which skill sets (technical, conceptual also human skills) was McFarlane proficient in lacking proficiency in? Explain your answer.
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