Mathematics, 05.06.2020 01:02 Ain805
The president of a computer company must decide whether to place the company's new laptop on the market now or wait another year and continue with product testing.
The company's employees inform the president that if he releases the laptop now and no competitive devices enter the market, there will be a profit of $120,409.00; however, if he releases the laptop now and a competitive device enters the market, there will only be a small profit of $29,698.00. The company's employees also inform the president that if he waits another year and no competitive device enters the market, there will be a profit of $84,742.00; however, if he waits another year and a competitive device enters the market, there will be a loss of $59,396.00.
Suppose the company determines that there is a 22% chance that a competitive device will enter the market. What should the president do to maximize the expected profit over the next year?
Answers: 1
Mathematics, 21.06.2019 14:10, shawnnoteman1234
What is the perimeter, p, of a rectangle that has a length of x + 8 and a width of y − 1? p = 2x + 2y + 18 p = 2x + 2y + 14 p = x + y − 9 p = x + y + 7
Answers: 3
Mathematics, 21.06.2019 18:40, 25jzaldivar
This stem-and-leaf plot represents the heights of the students on ralph's basketball team. one student's height is missing from the plot. if the mean height of all the students on the team is 61 inches, what is the missing height? a. 55 in. b. 59 in. c. 61 in. d. 65 in.
Answers: 2
Mathematics, 21.06.2019 22:30, foreignlove1039
If a flying disk is 139 meters in the air and travels at an average of 13 m/s how long is it in the air
Answers: 2
The president of a computer company must decide whether to place the company's new laptop on the mar...
Mathematics, 09.05.2021 03:40
Mathematics, 09.05.2021 03:40
Medicine, 09.05.2021 03:40
Mathematics, 09.05.2021 03:40
Mathematics, 09.05.2021 03:40