Reference no: EM132648232
A new small manufacturing company, which produces toys, has to decide whether it wants to distribute its products through a wholesale distributor, go directly to department stores, or go strictly online. The following table shows revenue results for each condition.
Distribution Network Good Economy Fair Economy Poor Economy
Wholesale $75 million $50 million $25 million
Department Stores $83 million $40 million $5 million
Online $180 million $60 million -$12 million
Probability 0.60 0.30 0.10
a. Find the Maximax, Maximin, Equally Likely, and Hurwicz Decisions. Must show work and calculations in tabular Excel format.
b. Find the Minimax regret decision. Use Tabular Excel format. Must show work.
c. Based on above analysis, what is your recommendations to the management?
|
What is Gray tax basis in Fabco on December
: Gray's tax basis in Fabco on January 1, year 4, was $5,000. What is Gray's tax basis in Fabco on December 31, year 4
|
|
Examine the funds listed under the budget
: Examine the funds listed under the budget and discuss how they are being utilized by Cedar Falls. Include some examples of items that would be included in fund
|
|
Establishing chain of command or some alternative structure
: Background: Allocation of sufficient resources (financial, personnel, time, computer system support)
|
|
Define role of nurse in healthcare program implementation
: What is the role of the nurse in healthcare program implementation? How does this role vary between design and implementation of healthcare programs?
|
|
Find the maximax-maximin-equally likely and hurwicz
: Find the Maximax, Maximin, Equally Likely, and Hurwicz Decisions. Must show work and calculations in tabular Excel format.
|
|
Determine the taxable year of the LLC
: The new LLC will produce a product that Barney recently developed and patented. Determine the taxable year of the LLC
|
|
Calculate depreciation for one month using the straight-line
: Calculate the depreciation for one month using the straight-line method of depreciation. The Computer Equipment has an estimated useful life of 5.00 years.
|
|
Find economic-social and environmental perspective
: Review your last dining out experience and reflect on how sustainable it was and why. Consider sustainability from an economic, social and environmental
|
|
Compare each case study to your nursing practice
: After you view each case study, reflect upon what you have learned and how it is related to the learning materials. Compare each case study to your nursing.
|