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
The distance that would be accumulated during the journey is 2.5 meters
The parameters given in the question are written below;
average speed= 5 km/hr
time = 30 minutes
convert 30 minutes to hours
= 30/60
= 0.5 hours
Distance-= speed × time
= 5 × 0.5
= 2.5 meters
Hence the distance of the entire journey is 2.5 meters
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Answer:
B splits and goes through two components
Explanation:
- A series circuit is a circuit in which the components are all connected along the same branch: as a result, the current flowing through the components is the same, while the sum of the potential differences across each component is equal to the emf of the battery
- A parallel circuit is a circuit consisting of separate branches, so that each branch has a potential difference equal to the emf of the battery. As a result, in such a circuit the current in the circuit splits and goes through the different branches/components.
So, the correct answer is
B splits and goes through two components
Answer:
The temperature is 
Explanation:
From the question ewe are told that
The rate of heat transferred is 
The surface area is 
The emissivity of its surface is 
Generally, the rate of heat transfer is mathematically represented as
=> ![T = \sqrt[4]{\frac{P}{e* \sigma } }](https://tex.z-dn.net/?f=T%20%20%3D%20%20%5Csqrt%5B4%5D%7B%5Cfrac%7BP%7D%7Be%2A%20%5Csigma%20%7D%20%7D)
where 
is the Boltzmann constant with value 
substituting value
![T = \sqrt[4]{\frac{13.1}{ 0.287* 5.67 *10^{-8} } }](https://tex.z-dn.net/?f=T%20%20%3D%20%20%5Csqrt%5B4%5D%7B%5Cfrac%7B13.1%7D%7B%200.287%2A%205.67%20%2A10%5E%7B-8%7D%20%7D%20%7D)
Answer:to revise or edit
anything that can be made in the non draft one
Explanation:
