Business, 27.06.2019 21:40 nessuhbae6722
Build-rite construction has received favorable publicity from guest appearances on a public tv home improvement program. public tv programming decisions seem to be unpredictable, so build –rite cannot estimate the probability of continued benefits from it relationship with the show. demand for home improvements next year may be either low or high. but build-rite must decide now whether to hire more employees, do nothing, or develop subcontracts with other home improvement contractors. build-rite has developed the following payoff table. payoffs demand for home improvementsalternative low moderate highhire ($250,000) $100,000 $625,000subcontract $100,000 $150,000 $415,000do nothing $50,000 $80,000 $300,000what is the decision based on each of the following criteria. show work in making the decision for each criterion: a) maximaxb) maximinc) criterion of realism with coefficient of realism = 0.7d) equally likelye) minimax regretuse the tables given below. a) optimistic or maximax criterionpayoffs demand for home improvementsalternative low moderate highhire ($250,000) $100,000 $625,000subcontract $100,000 $150,000 $415,000do nothing $50,000 $80,000 $300,000decision: b) pessimistic or maximin criterionpayoffs demand for home improvementsalternative low moderate highhire ($250,000) $100,000 $625,000subcontract $100,000 $150,000 $415,000do nothing $50,000 $80,000 $300,000decision: c) criterion of realism with coefficient of realism = 0.7payoffs demand for home improvementsalternative low moderate highhire ($250,000) $100,000 $625,000subcontract $100,000 $150,000 $415,000do nothing $50,000 $80,000 $300,000decision: d) equally likely or principle of insufficient reason criterionpayoffs demand for home improvementsalternative low moderate highhire ($250,000) $100,000 $625,000subcontract $100,000 $150,000 $415,000do nothing $50,000 $80,000 $300,000decision: e) minimax regret approachregrets demand for home improvementsalternative low moderate highhiresubcontractdo nothingdecision:
Answers: 2
Business, 22.06.2019 03:20
Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?
Answers: 1
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 1
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Build-rite construction has received favorable publicity from guest appearances on a public tv home...
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