Explanation:
Below is an attachment containing the solution.
Question:
The operations manager for a well-drilling company must recommend whether to build a new facility, expand his existing one, or do nothing. He estimates that long-run profits (in $000) will vary with the amount of precipitation (rainfall) as follows:
Alternative Precipitation
Low Normal High
Do nothing -100 100 300
Expand 350 500 200
Build new 750 300 0
If he feels the chances of low, normal, and high precipitation are 30 percent, 20 percent, and 50 percent respectively, What is EVPI (Expected value of Perfect Information)?
A. $140,000
B. $170,000
C. $285,000
D. $305,000
E. $475,000
Answer:
D. $170,000
Explanation:
The expected long run profits are for
Low Normal High
Do nothing -100*0.3 100*0.2 300*0.5 = 140
Expand 350*0.3 500*0.2 200*0.5 = 305
Build new 750*0.3 300*0.2 0*0.5 = 285
Therefore the expected long run profits are
$140,000
$305,000
$285,000
Based on his selected option being either to build new or to expand, the most profitable option is to expand
=$305,000
EVPI = EPPI-EMV =$170,000
Inertia is directly proportional to mass.
What is Walter Lewin famous for?
Walter Hendrik Gustav Lewin (born January 29, 1936) is a Dutch astrophysicist and former professor of physics at the Massachusetts Institute of Technology.
Lewin earned his doctorate in nuclear physics in 1965 at the Delft University of Technology and was a member of MIT's physics faculty for 43 years beginning in 1966 until his retirement in 2009.
According to Walter Levin,
The concept of moment of inertia is demonstrated by rolling a series of cylinders down an inclined plane.
Inertia is the resistance of any physical object to a change in its velocity. This includes changes to the object's speed, or direction of motion. An aspect of this property is the tendency of objects to keep moving in a straight line at a constant speed when no forces act upon them.
By rolling a series of cylinders down on an inclined plane , he demonstrated that a cylinder have a smooth friction.
He compares the rolling cylinder by using hollow cylinder and a heavy cylinder , and finalize the result that a hollow cylinder moves slowly but the heavy cylinder move faster.
Hence , By doing this experiment he explained about the inertia that Inertia depend on the mass of the object. As the heavy the object it will take more time to travel or move.
Learn more about inertia here:brainly.com/question/3268780
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Answer:
No, some energy will be dissipated energy due to work of air resistance.
