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Samuel Cartwright is suing over a workmanship defect in a data backup system that cost him 3 years of client data. He is suing for $1 million, and the manufacturer is offering him an out-of-court settlement of $450,000, of which Samuel will receive $400,000. Samuel's lawyer advises him that cases like his do not tend to do well if they reach court, but that the company offered to settle to protect its reputation. If he goes to court, he has only a 30% chance of winning. If he goes to court and loses, he will incur $50,000 in lawyer's fees and court costs. Create a decision tree to represent this situation. What is the expected value of going to court? What should Samuel do?
Determine the critical path and the expected completion time of the project. Plot the total project cost, starting from day 1 to the expected completion date of the project,
Use a graph to show each constraint, the feasible region, and optimal solution. Use the Algebraic Method to solve the problem. What is the optimal solution? Discuss the relationships in your final equations. Develop a spreadsheet and use Solver to fi..
List and briefly describe the two reasons given in your textbook for why developing software for wireless devices is challenging. Include and describe five (5) of the major software components associated with mobile computing in your response.
Provide a short paragraph explanation for each of the following questions: Discuss the importance of good business research. Please give an example. Discuss the contemporary trends and the nature of the research process.
why is it important to use the corporate systems when working in virtual teams.(hint: it has something to do with knowledge management and performance appraisal)
Discuss with your classmates how to implement the plan-monitor-control cycle during the different phases of the project life cycle.
The marketing manager for Mountain Mist soda needs to decide how many TV spots and magazine ads to run during the next quarter. Each TV spot costs $5,000 and is expected to increase sales by 300,000 cans. Each magazine ad costs $2,000 and is expected..
Many times trade-offs are necessary to increase productivity. What are important trades-offs involving the inputs to productivity
Barilla SpA Case Analysis 1. What are underlying drivers of the fluctuations in the distributor’s order pattern we see in Exhibit 12? 2. What does the underlying demand pattern for pasta look like in Italy? 3. What is the impact of the fluctuation se..
Enrollment in a particular class for the last four semesters had been 120, 126, 105, and 140. Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2 and use the naive method to start the exponential smoothing p..
A large financial institution is losing market share to savvy upstart companies and it has asked its top marketing executive to identify the main reasons for their sliding performance. Describe three barriers that might cause the marketing executive ..
Fantastic Salon is run by three stylists, jenny perez, jill sloan, and jerry tiller each capable of serving four customers per hour, on average. Use POM for windows or OM explorer to answer the following questions. During busy periods of the day, whe..
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