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Question: The J. R. Ryland Computer Company is considering a plant expansion to enable the company to begin production of a new computer product. The company's president must determine whether to make the expansion a medium- or large-scale project. Demand for the new product is uncertain, which for planning purposes may be low demand. medium demand, or high demand. The probability estimates for demand are .20..50. and .30. respectively. Letting x and y indicate the annual profit in thousands of dollars. the firm's planners developed the following profit forecasts for the medium- and large-scale expansion projects.
a. Compute the expected value for the profit associated with the two expansion alternatives. Which decision is preferred for the objective of maximizing the expected profit?
b. Compute the variance for the profit associated with the two expansion alternatives. Which decision is preferred for the objective of minimizing the risk or uncertainty?
Suppose you own a portfolio of three different bonds with the following information:
If a person bought one share of Google stock within the last year, what is the probability that the stock on that day closed at more than $400?
Solve the system using the Jacobi's method, the Gauss-Seidel method and the Conjugate Gradient (CG) method.
The shaft is drive shaft for a large bulk material conveyor.the gear receives 40hp and rotate at 120rpm.each chain sprocket delivers 20hp to one side of the conveyor. Use AISI 1020 cold-drawn steel. Design that shaft.
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Cynthia requested a two-week leave from her employer to go on a religious pilgrimage. The pilgrimage was not a requirement of her religion.
Compute the optimal order quantity, the total minimum inventory cost, and the reorder point.
A poll conducted to leam about attitudes toward investment and retirement asked male and female respondents how important they felt level of risk was in choose.
Define a function p: R → Z as follows: Give R the standard topology. Determine the quotient topology on Z determined by p
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