Reference no: EM13705358
Need the sensitivity diagram and analysis for the nature of result for following question. I will include the example how it suppose to look like as result.
Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trip with his friends, but he believes that any small business should be started only if there is a good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. The profits will depend on the size of the shop and whether the market is favorable or unfavorable for his products. Because there will be a 5-year lease on the building that Jerry is thinking about using, he wants to make sure that he makes the correct decision. Jerry is also thinking about hiring his old marketing professor to conduct a marketing research study. If the study is conducted, the study could be favorable (i.e., producing a favorable market) or unfavorable (i.e., producing an unfavorable market).
Jerry Smith has done some analysis about the profitability of the bicycle shop. If Jerry build the large bicycle shop, he will earn $60,000 if the market is favorable, but he will lose $40,000 if the market is unfavorable. The small shop will return a $30,000 profit in a favorable market and a $10,000 loss in an unfavorable market. At the present time, he believes that there is 50-50 chance that the market will be favorable. His old marketing professor will charge $5,000 for the marketing researching. It is estimated that there is a 0.6 probability that the survey will be favorable. Furthermore, there is a 0.9 probability that the market will be favorable given a favorable outcome from the study. However, the marketing professor has warned Jerry that there is only a probability of 0.12 of a favorable market if the marketing research results are not favorable.
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The key to organizational culture
: Read the assigned article which you can access under the course home area by selecting KU Online Library. Sign in and select the following article from those referenced on the upper right hand side of the page under Required Readings:
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Find the work in the process
: Half a kilogram of nitrogen, initially at 350K and 200Kpa is compressed through a poly tropic process with pv^1.4= constant. If the final temperature is measured to be 400K, find the work in the process.
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Determine final temperature and work of the constant process
: We have 0.25 lb of refrigerant 134a at 35 psi, and a quality of x=0.15. If it is expanded, in a constant pressure process, to two times it's original volume, determine the final temperature, and find the work of the constant process.
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A system approach
: Including an introduction and conclusion paragraph, your paper must be three to five double-spaced pages (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Including the textbo..
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Need the sensitivity diagram and analysis for the nature
: Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trip with his friends, but he believes that any small business should be started only if there is a good chance of making a profit..
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Calculate change in free-energy associated with formation
: Calculate the change in free-energy associated with the formation of a critical spherical nucleus in pure liquid nickel that is 200 ºC under cooled. Properties of Nickel: Heat of Fusion 2660 J/cm3; Surface Energy 255x10-7 J/cm2 ; Freezing Temperatur..
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Meteorologist uses a pitot -static tube to measure the wind
: A meteorologist uses a pitot -static tube to measure the wind speed in a tornado. Based on the damage caused by the storm, the tornado is rated as EF5 on the enhanced Fujita Scale. This means that the wind speed is estimated to be in the range of 261..
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Need the sensitivity diagram and analysis for the nature
: Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trip with his friends, but he believes that any small business should be started only if there is a good chance of making a profit..
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