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Olive Construction Company is determining whether it should submit a bid for a new shopping center. In the past, Olive's main competitor, Base Construction Company, has submitted bids 70% of the time. If Base Construction Company does not bid on a job, the probability that Olive Construction Company will get the job is 0.50. If Base Construction Company bids on a job, the probability that Olive Construction Company will get the job is 0.25. a. If Olive Construction Company gets the job, what is the probability that Base Construction Company did not bid? ( Hint: Use Bayes' Theorem) b. What is the probability that Olive Construction Company will get the job?
How do you explain the importance of Crowd Control and Management inside and outside of crises?
Should we consider services in the cash-to-cash conversion cycle computations?
What type of process are budgeting, recruiting, and scheduling associated with? Was Target's response to the breach appropriate? Why or why not.
Supply management question: Explain strategic issues encountered in developing a strategic sourcing plan. Discuss which stage(s) these issues could become problematic in.
The claim that the mean difference is equal to 15 pounds is tested at a 0.05 significance level. The result is "fail to reject the null hypothesis".
Discuss the role of chief executives in agenda setting at the federal level.
Which of the following of Fisher's product categories includes fashionable clothing, personal computers, and other products that typically have a very brief life cycle?
For legal disputes between parties, why is mediation often considered advantageous over litigation? Please provide at least two examples to support your answer.
Identify and research an organization that operates like a 20th century organization but has adopted a structure that manifests 21st century characteristics.
From the e-Activity, suggest one way the company you researched could increase its level of value-creating diversification.
What are the remedies for breach of contract?
Use a personal example or a text example or a business problem from the real world to illustrate one or more of the Decision Analysis models covered.
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