What type of decision is ken facing

Assignment Help Mathematics
Reference no: EM13187128

For example, if Ken purchases a Sub 100 and if there is a favorable market, he will realize a profit of $300,000. On the other hand, if the market is un-favorable, Ken will suffer a loss of $200,000. But Ken has always been a very optimistic decision maker.

A) What type of decision is Ken facing?
B) What decision criterion should he use?
C) what alternative is best?

Reference no: EM13187128

Questions Cloud

What is the angle of the persons eyes to the top : A building 240 feet tall casts a 100 foot long shadow. If a person stands at the end of the shadow and looks up to the top of the building, what is the angle of the person's eyes to the top of the building (to the nearest hundredth of a degree)?
Accounting and consulting partnership : Hannah is a managing partner of Andrusian Worldwide LLP, an accounting and consulting partnership. Acting within her implied authority, Hannah makes a contract for Andrusian to perform an audit for National Motors Company.
What is delta s for the conversion of supercooled water : What is delta S for the conversion of 10 g of supercooled water at -10 degrees Celsius and 1 atm to ice at 10-10 degrees Celsius and 1 atm?
Explain measure of economic well-being : GDP does not include the value of used goods that are resold. Why would including such transactions make GDP a less informative measure of economic well-being
What type of decision is ken facing : For example, if Ken purchases a Sub 100 and if there is a favorable market, he will realize a profit of $300,000. On the other hand, if the market is un-favorable, Ken will suffer a loss of $200,000. But Ken has always been a very optimistic decis..
Develop a regression equation to forecast : Develop a regression equation to forecast the cost per gallon as a function of the number of gallons sold and estimate the manufacturing cost per gallon for a plant producing 325,000 gallons per year.
Describe how a domestic fast food chain with plans : Describe how a domestic fast food chain with plans for expanding into China would be able to use a forecasting model.
Find the slope of the tangent line to the curve : Use the limit definition of the derivative to find the slope of the tangent line to the curve f(x)=3x^2 at x=1
State if the ends of these molecules look the same : Cadaverine are 9.13 and 10.25. If the ends of these molecules look the same, why do they have different pkas?

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd