Business, 27.06.2019 21:00 paolaviviana
Macdonald products, inc., of clarkson, new york has the option of (a) proceeding immediately with production of a new top-of-of-the-line stereo tv that has just completed prototype testing or (b) having the value analysis team complete a study if ed lusk, vp for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 110,000 units at $520 each, with a probability of 0.68 and a 0.32 probability of 65,000 at $520. if, however, he uses the value analysis team (option b), the firm expets sales of 90,000 units at $760, with a probability of 0.72 and a 0.28 probability of 60,000 units at $760. value engineering, at a cost of $100,000, is only used in option b. which option has the highest expected monetary value (emv)? the emv for option a is $ and the emv for option b is $ therefore, option has the highest expected monetary value. (enter your responses as integers.)
Answers: 3
Business, 22.06.2019 21:20
In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.
Answers: 3
Business, 23.06.2019 07:40
Given the production function q=96(k^0.3)(l^0.7), find the mpk and mpl functions. is mpk a function of k alone, or of both k and l? what about mpl?
Answers: 2
Business, 23.06.2019 08:30
The kamp family has twins, rob and rachel. both rob and rachel graduated from college 2 years ago, and each is now earning $50,000 per year. rachel works in the retail industry, where the mean salary for executives with less than 5 years' experience is $35,000 with a standard deviation of $8,000. rob is an engineer. the mean salary for engineers with less than 5 years' experience is $60,000 with a standard deviation of $5,000.
Answers: 3
Business, 23.06.2019 14:30
Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.
Answers: 1
Macdonald products, inc., of clarkson, new york has the option of (a) proceeding immediately with pr...
English, 29.10.2020 03:50
Mathematics, 29.10.2020 03:50
Mathematics, 29.10.2020 03:50
Mathematics, 29.10.2020 03:50
Mathematics, 29.10.2020 03:50
Geography, 29.10.2020 03:50
History, 29.10.2020 03:50
Biology, 29.10.2020 03:50
English, 29.10.2020 03:50