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Southern Gas Company ( SGC) is preparing to make a bid for oil and gas leasing right in a newly opened drilling area in the Gulf of Mexico. SGC is trying to decide whether to place a high bid of $ 16 million or a low bid of $ 7 million. SGC expects to be bidding against its major competitor, Northern Gas Company ( NGC) and predicts NGC to place a bid of $ 10 million with probability 0.4 or a bid of $ 6 million with probability 0.6. Geological data collected at the drilling site indicates a 0.15 probability of the reserves at the site being large, a 0.35 probability of being average, and a 0.50 probability of being unusable. A large or average reserve would most likely represent a net asset value of $ 120 million or $ 28 million, respectively, after all drilling and extraction costs are paid. The company that wins the bid will drill an exploration well at the site for a cost of $ 5 million. a. Develop a decision tree for this problem. b. What is the optimal decision according to the EMV criterion?
Aquinas states that if ethics asserts that something is “good,” then there must be a final cause (goodness) toward which all things strive. Absolute good is a concept most aligned to virtue ethics and its proclivity to “perfectionism” Divine command ..
Explain an intercultural transaction in which you have participated in which one or more parties demonstrated an application of kinesics (nonlinguistic body motions such as blushes, shrugs, or eye movement) different from your cultural norm.
What is the difference between moral and instrumental discipline?
What other ways, both qualitative and quantitative, which you could research question? How can you tell if a study is qualitative or quantitative?
The role of the house rules committee is played in the senate by the
Industrial or organizational psychologists often utilize job analyses in their work. Please describe what a job analysis is and describe two different approaches and their applications.
Hair is a very common source of trace evidence. Besides simple Identification and comparison between standards and unknowns, what else can hair evidence be used for in the forensic setting? Give the name and a brief description of 2 criminal cases ..
Do you think communication is more important to leaders now than it was in Hitler's and FDR's time? Explain why you think so or why you disagree. Who is a more current charismatic leader that you know of, and how are they similar to Hitler or FDR in ..
Assume you are the office manager in a small but progressive health care facility interested in providing information and services to its clients via its own website.
What are some of the obstacles to family contact during imprisonment? What kinds of policies could facilitate greater family contact?
What is a GEODUCK? Where are they found? What are they used for? Discuss their biology (their biological classification, scientific name and life cycle).
Discuss how a leader may be different than a manager. Incorporate in your discussion the various leadership styles and characteristics and management styles. Include early theories and different personality types in your discussion.
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