What is typical goal of applying EMV to capacity decisions

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Reference no: EM132108101

1. Chuck olson, aged 16. buys a used car from bobby Duncan Used Cars Center on September 15, 2006. Olson agrees to pay $200 a month for 12 months. A month after the purchase, Olson is involved in an accident that wrecks the car. He immediately calls Duncan Cars and informs them that he is disaffirming the contract. According to traditional common laws, which of the following is most likely to be true?

A. Olson does not have a duty to place Duncan in status quo ante

B. Olson can ask Duncan to pay for the damages as he hasnt made the full payment for the car.

C. Olson has to pay for the damages and then return the car to Duncan.

D. Olson can successfully press charges and force Duncan to take care of the damages caused to the car.

2. What is the typical goal of applying EMV to capacity decisions?

A. Identify the alternative with the highest potential payoff.

B. Identify the least risky alternative.

C. Identify the most likely state of nature.

D. Maximize the expected value of the alternatives.

3. Power can be described as ________________.

A. the energy that propels the organization to success

B. the strength of one's leadership skills

C. the right to direct the work of others

D. an individual's capacity to influence decisions

E. one element in the larger concept of authority

Reference no: EM132108101

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