Explain alternatives favourable market unfavourable market, Operation Management

Assignment Help:

Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternatives Favourable Market Unfavourable Market Build large plant 400,000 -200,000 Build small plant 120,000 20,000 Don't Build 0 0 Market Probability 0.30 0.70 To maximize the return, Karen's decision should be to ______________ (don't build, build large plant, build small plant)


Related Discussions:- Explain alternatives favourable market unfavourable market

Define what behavioural predictions might you make, What behavioural predic...

What behavioural predictions might you make if you know that an employee had an external locus of control? If an employee had a high need for achievement? If an employee had a low

Explain reducing the project duration increases the risk, Take a position o...

Take a position on the following statement from the textbook author: "Reducing the project duration increases the risk of being late." Support your position

Explain organization culture importance to business success, Describe organ...

Describe organization culture. Provide a definition and explanation of its importance to business success?

Explain database systems design implementation management, It says that the...

It says that there is guided sulotions available for Database Systems Design Implementation Management i bought the Ebook but i cant find it, can someone tell me where i can find t

Describe the organizational design, 1) Define and discuss the advantages an...

1) Define and discuss the advantages and disadvantages of functional and matrix structures. 2) Define and discuss the advantages and disadvantages of cross-functional teams.

List of operation., List the operation involved in any buying and selling b...

List the operation involved in any buying and selling business?

Describe what are best buy strategic objectives, What are strategic objecti...

What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are examples of strategic objectives for you organizat

Explain less of each of the inputs of production, All else constant, as the...

All else constant, as the price of petroleum increases relative to the prices of other inputs to the production process, in their effort to minimize their total costs of production

Write Your Message!

Captcha
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