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

  Find the maximum height of the object

Suppose that an object is projected in such a way that its height above the ground in feet after t seconds is given by s(t) = -16t2 +48t + 46. Find the maximum height of the object.

  Finding the measure of an angle with the given two sides

Problems on Ages and Finding the measure of an angle with the given two sides.

  Show the applications of exponential function

Applications of exponential function: Principal, rate, time - evaluate an exact solution and the check your solution using the estimate of the "law of 72".

  Create a system of equations

Create a system of equations that includes one linear equation and one quadratic equation and create a rational equation that has an extraneous solution.

  Which is an exponential model

A colony of bacteria grows according to the law of uninhibited growth. If 100 grams of bacteria are present initially, and 250 grams are present after two hours, how many will be present after 4 hours? Note: Do not round the value of k.

  Express the hydrostatic force against one side

A trapezoid with bases 4 m and 6 m is partially submerged vertically in water so that the top is 1 m above the surface and the bottom is 1 m below the surface. Express the hydrostatic force against one side of the plate as an integral and evaluate..

  Complex and real solutions

Let A be a complex number and B a real number. Show that the equation |z|^2+Re(Az)+B=0 has a solution if and only if |A|^2 >= 4B. If this is so, show that the solutions set is a circle or a single point.

  Determining mean of percentage grades

Basic arithmetic problem - What is the overall percentage of five test grades: 96%, 98%, 89%, 95% & 97%? I need the work shown. If I took five tests and passed with the following percentages:

  Determine the amount of slack or surplus for each constraint

Determine the amount of slack or surplus for each constraint

  Find the theoretical probability of undesirable side effects

The theoretical probability of undesirable side effects resulting from taking Grebex is 1 in 12. If 600 people take Grebex to lower their blood pressure, how many will encounter undesirable side effects?

  Linear system-gaussian elimination

Matrices are the most common and popular way to solve systems of equations. Provide an example of a matrix that can be solved using Gaussian elimination. Show specifically how row operations can be used to solve the matrix.

  Connected digraph proof

Prove Let D be a nontrivial connected digraph. Then D is Eulerian if and only if od(v)=id(v) for every vertex v of D. Od means the outdegree of a vertex v of a digraph D. (is the number of vertices of D that are adjacent from v.

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