a) Use the following COST decision tree and calculate the EV at node 5. b) Using the following table, what is the expected value of perfect information? 100 300 400 200 Market Research 51 100 300 400 200 100 (10 300 No Market Research 400 11 200 P(F) = 0.6 P(st | F) = 0.85 P(s1|U) = 0.6 P(s1) = 0.7 P(U) = 0.4 P (s2 | F) = 0.15 P(s2 | U) = 0.4 P(s2) = 03
Q: A facility location decision must seriously consider anticipated business conditions and acknowledge…
A: Facility location assurance is a business's basic vital choice. There are a few elements, which…
Q: AlwaysRain Irrigation, Inc. would like to determine capacity requirements for the next four years.…
A: Given- Next 4 years forecast demand-
Q: Clients are building a midrise apartment community in San Diego. Below are the unit sizes and prices…
A: For the first floor price $1,800: 2nd Floor = 1800+(0.01×1800)=$1,818 3rd Floor =…
Q: Due to great success of TW since it was acquired in 2016, the CEO of The New York Times Mark…
A: TW faces a data breach that can be a catastrophe for the company. The firm’s compromising of…
Q: AlwaysRain Irrigation, Inc. would like to determine capacity requirements for the next four years.…
A:
Q: A manufacturer must choose between locating in Dallas (fixed cost of $60,000 / year and variable…
A: Revenue per unit in either location= $35 Dallas Location Fixed cost= $60,000 Variable cost= $28 per…
Q: Applying the decision tree algorithm, determine and advice Koki Nkoana on the best decision to make?
A: THE ANSWER IS AS BELOW:
Q: Use the following information for the next 2 problems: A warehouse is to be built that will…
A: A warehouse is to be constructed that will carry 3 factories.The (x,y) position of each…
Q: An investment company is considering the feasibility of building a large shopping complex in a…
A: Traffic:-Regardless, a reality of city life that emerges from the characterizing highlight of urban…
Q: Sue and Joe are a young married couple who are consideringpurchasing a new home. Th eir search has…
A: given
Q: Expando, Inc, is considering the possibility of building an additional factory that would produce a…
A: Given, NPV of Small facility with low demand = 9 - 7 = $2 million NPV of Small facility with high…
Q: Q2. A pizza delivery service has decided to open a branch near off-campus student housing. The…
A: CROSS MEDIAN APPROACH IS USED TO MINIMIZE THE TOTAL DISTANCE Traveled BY THE CUSTOMERS IN A…
Q: Two alternative locations are under consideration for a new plant: Jackson, Mississippi, and Dayton,…
A: Total cost = Annual fixed cost + (variable cost per unit x annual demand) Annual revenue = selling…
Q: James Lawson's Bed and Breakfast, in a small historicMississippi town, must decide how to subdivide…
A: A Small introduction about Monetary value Precious metals, agricultural goods, oil, gas, and…
Q: Based on the following sequential decision tree, compute the expected payoff of node 7. It is (type…
A: A decision tree is the analysis of the options that are to be considered or chosen among to take the…
Q: Location A would result in annual fixed costs of $300,000 and variable costs of $55 per unit. Annual…
A:
Q: AlwaysRain Irrigation, Inc. would like to determine capacity requirements for the next four years.…
A: Forecasting/planning equipment & labor requirement to meet production lines: The management of…
Q: A product line manufacturing shoes, has five stations in series whose individual capacities per…
A: Station No 1 2 3 4 Individual Capacity 600 650 650 550 The capacity of the system is decided…
Q: The student chapter of Philippine Society of Mechanical Engineers is planning a 6-day trip to the…
A: This question is related to the topic - Break even point, this topic falls under the…
Q: Spectrum Hair Salon is considering expanding itsbusiness, as it is experiencing a large growth. Th e…
A: The decision tree based on the given information is as follows:
Q: road through the area and has great views of Mount Kinabalu on one side and the valley below on the…
A: Every company can work something very efficiently. That is It is good in something and bad and other…
Q: Techno Corporation is currently manufacturing an item at variable costs of $5 per unit. Annual fixed…
A: Profit = Sales - total Cost = 30000*10 - (140000+ 30000*5) = $10000 a. New Fixed Cost = 140000 +…
Q: Suppose Host A wants to send a large file to Host B. The path from Host A to Host B has three links,…
A: Given that: R1=500 kbps, R2=2 Mbps, and R3=1 Mbps
Q: The principal at Selena Valley High School, Mr John Dixon, is concerned about the school’s enrolment…
A: Selena valley high school is concerned with the growth of the enrollment as it has decreased to half…
Q: What are the key factors that the owner should investigate before making a final decision? What…
A: The opening of a new restaurant will require a thorough business plan involving a lot of research.…
Q: Sam Hutchins is planning to operate a specialty bagel sandwich kiosk but is undecided about whether…
A: Total Cost :- Total price is the full expenditure incurred to provide a few sort of output. From an…
Q: A builder has located a piece of property that she would like to buy and eventually build on. The…
A: Given Information: Cost of Land = $ 3 million Probability of rezoning = 0.5 Additional cost at…
Q: Gym Bunnies (GB) is a health club. It currently has 6000 members, with each member paying a…
A: (a)
Q: An operations manager narrowed the search for a new facility location to four communities. The…
A: The total cost curves chart is as follows:
Q: Techno Corporation is currently manufacturing an item at vanable costs of $4 per unit. Annual fixed…
A:
Q: uss the term distinctive Competencies, and its relevance for business organizations. Link it with…
A: A distinctive competency is an association's qualities or characteristics including abilities,…
Q: Read the case situation given below and answer the following questions. Pearl Continental Hotel or…
A: The front desk officer acts as a mediator between the guests and the hotel staff to maintain a…
Q: In deciding on where to locate their next grocery store, Publix narrowed it down to 3 locations (St.…
A:
Q: An electronics manufacturer must expand by building a second facility. The search is narrowed to…
A: Weighted score = Factor weight * Factor score for each location
Q: Sean Willems has evaluated the vendors in Table S11.3 as well as F ricker V-Tech, the vendor in…
A: Given data is
Q: what is Boeing strategy in the location selection and layout of the venue where the airplanes are…
A: The layout and location for aircraft manufacturers like Boeing are rather different from ordinary…
Q: peers who graduated with her had started
A: Ans1) According to me, what calculations that the Michelles did was good and best supports to his…
Q: Given the capacity planning discussion in the text (see Figure S7.6 ), what approach is being taken…
A: A. Leading strategy Management used to lead in capacity in periodic increments. Management might…
Q: The Quick Copy center for document copying is decidingwhere to locate a new facility. Th e annual fi…
A: Solution - Introduction [1] Fixed Cost - The phrase Fixed Cost refers to a cost that does not…
Q: A firm that has recently experienced enormous growth is seeking to lease a small plant in Memphis,…
A: Following is the economic analysis for the three locations:
Q: Facilities Management: Problem 2: A manufacturer of automotive equipment acquired the land for a…
A: Facility Management Facility executives can be characterized as the apparatuses and administrations…
Q: Server Farm Inc. (SFI) needs to upgrade its server computers. Company management has identified the…
A: Shift to windows platform TRIA TRIA TRIA 100,000 275,000 9000 125,000…
Q: Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a…
A: Given data is
Q: POCO SHOT ON POCO F2 PRO Cis fiave Been determined to be 20% for low demand, 30% for medium demand,…
A: Note: - Since we can answer only up to 3 subparts we will answer questions a, b, and c for your…
Q: A builder has located a piece of property that she would like to buy and eventually build on. The…
A: Decision Trees (DTs) are a non-parametric directed learning strategy utilized for arrangement and…
Q: Read the case situation given below and answer the following questions. Pearl Continental Hotel or…
A: Solution 1. The business problem identified is that there is no categorization of different class of…
Q: A builder has located a piece of property that she would like to buy and eventually build on. The…
A: Thank you for posting the question, as per our guidelines we can answer the first three for you…
Q: Mark has just been fired as the university bookstore manager for setting prices too low (only 20…
A: Utility refers to the level of satisfaction which can be derived from a particular product /…
6
Step by step
Solved in 2 steps
- Given this data, compute the standard cost for one seafood dinner. What would the suggested menu price for the seafood dinner be assuming that the target food cost percent is 40 percent? Ingredient Serving Size (OZ) Edible Yield (%) AP Price Per Pound Fish 12 75 $8.98 Rice 4 100 $0.22 Beans 4 90 $0.65 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The number of people visiting the hospital emergency room for chest pains increased as the stock market dropped in 2008 & 2009. The drop in the stock market is probably partly responsible for this increase. Two Things Being Correlated (in the premises) : How They're Purportedly Correlated: Conclusion Argued For (in the conclusion) : Any Plausible Alternate Explanations? (yes or no) : If so, what? (spurious coincidence, common cause, reversed) : Explain this Alternate Explanation: Overall Quality of Argument (good or bad) :In the table below ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation ŷ = 0.3402 +0.8922x. Brokerage Speed Satisfaction Scottrade, Inc. 3.5 3.4 Charles Schwab 3.0 3.1 Fidelity Brokerage Services 3.3 3.2 TD Ameritrade 3.6 3.5 E*Trade Financial 3.4 3.7 Vanguard Brokerage Services 3.8 3.6 USAA Brokerage Services 3.3 2.9 Thinkorswim 3.1 3.6 Wells Fargo Investments 2.4 2.4 Interactive Brokers 2.6 2.2 Zecco.com 2.7 3.1 At the 0.05 level of significance, test whether speed of execution and overall satisfaction are related. Show the ANOVA table. What is your conclusion? Source Sum of Squares Degrees Mean Square F (to 2 decimals) of Variation (to 4 decimals) of Freedom (to 4 decimals) Regression Error Total P-value is - Select your answer - We Select your answer - V reject Ho : B1 = 0, we conclude that speed of execution and overall satisfaction Select your answer - V related.
- This a 4 part question that am confused about. Please show the work by hand not excel. 4-1 Sales of a particular product (in the thousands of dollars) for the years 2015 through 2018 have been $48,000, $64,000, $67,000 and $83,000 respectively. (a)What sales would you predict for 2019, using simple four-year moving avaerage? (b) What sales would you predict for 2019, using a weighted moving average with weights of 0.50 for the immediate preceding year and 0.3, 0.15, and 0.05 for the three years before that? (I am able to calculate and know the answer for (a) $65,000 and (b) $73,000. What I don't understand is the following : 4-2 Using exponential smoothing with a weight of 0.6 on actual values: (a) If sales are $45,000 and $50,000 for 2017 and 2018, what would you forecast for 2019 ? (The first forecast is equal to the value of the preceding year.) (b) Given this forecast and actual 2019 sales of $53,000, what would you then forecast for 2020? 4-3 In Problem 4-1, taking…XYZ work in a small electric business in Basrah city. He had a sunshine controller device. He had to decide how to market his idea, and in the short term, his options could be summarised as selling the device locally, selling nationally through a website, entering a partnership with an existing company or selling the patent. His returns depended on demand, which he described as high, medium, or low. Using this simple model, he developed the matrix of potential annual gains shown below: Options Demand High Medium Low Market locally 60 90 45 Use website 23 90 78 Partnership 12 25 89 Sell patent 30 30 30 Identify the decision taken under the following approaches: (1) Equal probability (2) Regret (3) Hurwicz criterion. Note: The decision maker's degree of Pessimistic (a) is 0.3.I need the answer in Excel. Please help me. The following table contains 5-year quarterly sales information for the KYRYH product. Year Q1 Q2 Q3 Q4 Total 2016 43000 37800 32300 40600 153700 2017 47000 37000 31200 40000 155200 2018 46000 39000 28000 40500 153500 2019 49000 42300 33500 44000 168800 2020 52700 44000 33600 45700 176000 a) Determine the demand for the year 2021 using the moving averages. b) Comment on the validity of the model based on the 95% confidence level.
- The supply chain manager seeks a better way to forecast the demand for door hinges and believes that the demand is related to advertising expenditures. The following are sales and advertising data for the past 5 months: Month Sales (Thousands of Units) Advertising (Thousands of $) 1 264 2.5 2 116 1.3 3 165 1.4 4 101 1.0 5 209 2.0 The company will spend $1,750 next month on advertising for the product. Use linear regression to develop an equation and a forecast for this product.eferring to the pay-off table, determine which alternative would be chosen under each of these strategies: Possible future demand in OMR Alternative Low Medium High A 12 15 15 B 10 13 16 C 6 8 19 For the data in above table, assume probabilities of: (low demand) = 0.15, (medium demand) = 0.55, and (high demand) = 0.3. Using a Minimax regret approach the value of the lowest regret is. (Write the number only)The following table shows quarterly sales (in thousand units) for a product over 4 years. The overall sales average for the entire 4 years is 166.125 (thousand units). Fill in the missing values assuming there is no trend. Round seasonal indexes to 4 decimal places. Report Averages accurate to at most 2 decimal places. Report Actual sales ('000) accurate to the nearest integer. Year Year Seasonal Year 1 Year 2 Average 4 Index Quarter 205 211 182 1.1768 1 Quarter 152 170 158 156 2 Quarter 182 190 198 193 3 Quarter 128 112 113 0.7178 4
- Hayworth Corporation has Just segmented last year's income statement into its ten product lines. The chief executive officer (CEO) is curlous as to what effect dropping one of the product lines at the beginning of last year would have had on overall company profit. What is the best number for the CEO to look at to determine the effect of this elimination on the net operating income of the company as a whole? Multiple Choice the product line's sales dollars the product line's contribution margin the product line's segment margin the product line's segment mergin minus an allocated portion of common fixed expensesYou are brand manager at Arrow Cosmetics and responsible for Silkskin body lotion. Silkskin's annual contribution is currently $2.1 million. The R&D department has just developed a new Aloe Vera-based body lotion formula. You must decide whether you want to change the formula for the Silkskin lotion or stay with the old one . The variable costs will be slightly higher for the new formula ($7.00 per bottle), but you guess that an increase in sales might compensate for the higher costs. You plan on selling the new Silkskinfor $ 12.00 per bottle. You can imagine three annual sales scenarios: 600,000 , 300,000 and 200,000 units sold, which you estimate the chances to be 30, 40, and .30, respectively. 1. Under which scenario (s) would you introduce the new Silkskin? 2. Would you introduce the new formula? 3.Imagine a market research firm that provides perfect information. In other words , if the firm tells you that annual sales will be "x", then sales will in fact be x. What is…E FA/IBM536/FEB2022 O Final Assessment_Test_Declaratic x • Download file | iLovePDF ocs.google.com/forms/d/e/1FAIPQLSCUK7M_XQAbSDhnv-0qsBCBvKgmkwb0Q1|13Vx4wkihZP6TOA/formResponse IVONE of he above In China is an important need and is a goal. * Group affiliation; professional achievement Professional achievement; individual success Group affiliation; harmony Individual success; harmony None of the above U.S. managers believe that to motivate workers, it is necessary to satisfy the at..docx 6 Final Assessment.docx a Final Assessment.pdf a Final Assessmentpdf O Final Assessment.docx