Business, 03.06.2020 13:21 InvictusPain4777
Lenovo is considering the manufacture of a new laptop. An analyst estimates the probability that the new laptop is successful is 0.85. If the Laptop is successful it would generate profits of $2,000,000 and if it not successful it would generate profits of $500,000. The development costs for the laptop are $900,000. Should Lenovo proceed with plans for the new laptop? Why or why not?
a) No, because the probability of the laptop being successful is not high enough.
b) No, because if the laptop is not successful the company will have a loss of $900,000.
c) Yes, because the expected profit is $875,000
Answers: 2
Business, 21.06.2019 20:40, stephanie37766
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Business, 22.06.2019 10:50, hsjsjsjdjjd
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
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