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A large manufacturing company has had a very difficult time for the last couple of years in the market it operates. Its Board of Directors must now decide whether or not a new factory should be built and the size of the factory. The MD of the company suggests that the company should conduct a market survey to gauge how the market will react to the product that the company intends launching. The research department has provided the following information: P (favourable selling conditions) = 0.55P(favourable market research/favourable selling conditions) = 0.75P(unfavourable market research/unfavourable selling conditions) = 0.80It is estimated that a large factory under favourable selling conditions will realize a profit of $300000, but will suffer a loss of $200000 under unfavourable selling conditions. In addition, it is estimated that a small factory will realize a profit of $200000 if selling conditions are favourable, but will suffer a loss of $120000 under unfavourable selling conditions. The cost of conducting market research will amount to $10000, which is not taken into account when calculating profit and loss. With the aid of a labeled decision tree, determine the optimal course of action the company should take. Show details of your calculations.
Positively related events. Explainwhy they are directly related. Negatively related events. Explainwhy they are inversely related.
The percentage of Muslims in the world's population is less than the percentage of Catholic Christians in the world's population
The stability of personality traits is best illustrated by the consistency of:
Discuss in what type of market situations (size, growth, trend, area, etc.) might each type of managed care plan (HMO, PPO, POS, etc.) be the preferred model? Why? Also, examine at least two managed care plans from real life and their market situatio..
how do disabilities affect motor development how can they be addressed simulate a delay or disability and then reflect on the experience. include a description of the simulate dlay or disability and what happened
There are numerous costs that affect the transportation industry. Pick one of them and find 3 instances where you can find evidence to support your choice.
Mills, a grain distributor, sent an offer to sell five railroad cars of wheat to Global Supplies, (Global). The entire offer is contained on a signed form. The front side of the form contains Mills' name and address, along with blank spaces for the d..
present the following scenarioassume the role of a security management team for a nuclear power plant. you are alerted
From your reading you have seen that there are several theories of motivation. You may also sense that some of the theories may not specifically apply to you. Given that introduction, which theory of motivation is the best fit for describing your beh..
The Development of Legislative Health Policy in usa. The relationship of the government to the private sector. The distribution of authority and responsibility within a federal system of government
The cost of selling and producing and The special order would have no effect on total fixed costs.
200-300 words orginal work referencewhat are ways that health care laws or regulations affect your health care
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