1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gavmur [86]
3 years ago
7

If Ed​ Lusk, VP for​ operations, proceeds with the existing prototype​ (option a), the firm can expect sales to be 110 comma 000

units at ​$580 ​each, with a probability of 0.65 and a 0.35 probability of 65 comma 000 at ​$580. ​If, however, he uses the value analysis team​ (option b), the firm expects sales of 85 comma 000 units at ​$740​, with a probability of 0.62 and a 0.38 probability of 60 comma 000 units at ​$740. Value​ engineering, at a cost of ​$100 comma 000​, is only used in option b. Which option has the highest expected monetary value​ (EMV)?
Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

Option b has the highest expected monetary value​ (EMV)

Explanation:

For Option a:

At probability 0.65:                     At probability 0.35

Units=110,000                              Units=65,000

Amount=$580 each                   Amount=$580

EMV/Total Sales=0.65(110,000*580)+0.35(65,000*580)

EMV/Total Sales=$54,665,000

For Option b:

At probability 0.62:                     At probability 0.38

Units=85,000                              Units=60,000

Amount=$740 each                   Amount=$740

EMV/Total Sales=0.62(85,000*740)+0.38(60,000*740)

EMV/Total Sales=$55,870,000

So Option B has the highest expected monetary value​ (EMV).

You might be interested in
What is the best way to avoid botulism in food handling
e-lub [12.9K]

Answer:

To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans

Explanation:

6 0
3 years ago
Green Corp. owns 30°10 of the outstanding common stock and 100°10 of the outstanding noncumulativenonvoting preferred stock of A
vampirchik [111]

Answer:

c. $60,000

Explanation:

Provided information,

Green Corp owns 30% of the the common stock and 100% of preference share capital of Axel Corp.

Also, Green Corp is exercising significant influence on Axel Corp.

Thus, for accounting purpose Green Corp will use equity method as the investment is more than 20%.

Any dividend received from Axel Corp on common stock will be deducted from carrying value of investment in common stock, though dividend received on preference capital will increase the profits as will be added to income statement.

Thus, dividend recognized in Income Statement = $60,000 received on preference capital.

Correct answer is

c. $60,000

4 0
3 years ago
Maxine wishes to purchase a pair of running shoes made by her favorite brand. Her budget is limited, and she notices shoes made
ANTONII [103]

Answer:

The correct answer is The price of the alternative was too high.

Explanation:

The market price is the price at which a good or service can be purchased in a free market. It is an economic concept of application both in historical aspects of the discipline and in its concrete use and in daily life.

The concept has given rise to both technical and theoretical discussions in the development of economic sciences. These discussions range from the definition of what a market is to what is understood by price, difficulties that acquire a particular importance in the microeconomics, an area in which one of the most important functions of an economist is the determination of prices that maximize profit of a company. However, the problem also extends to the macroeconomic sphere, in which price calculations play a central role in determining the hypothetical economic balance.

8 0
3 years ago
Insurance protects you from associated risks, Match each scenario to the insurance
den301095 [7]

Matching each scenario to the insurance needed for protection.

  • Tyrell's son has leukemia and will need cancer  medications- Health insurance.

  • Someone broke into Maria's house and stole her flat screen TV and other values-  Homeowners insurance.

  • Don wants to make sure his family has enough money to pay off the house if he dies- Life insurance.

  • Jill broke both of her legs in a skiing accident. She will be out of work for several months while she recovers from her injuries- Disability insurance.

  • Due to careless driving, Lisa hit another car and hurt the passengers inside-  Liability insurance.

<h3>What is insurance?</h3>

Insurance can be defined as a coverage that help to cover cost or expenses in case of unforeseen or unexpected circumstances such as:

  • Accident
  • Fire
  • Theft etc.

Therefore Tyrell's son has leukemia and will need cancer  medications- Health insurance.

Learn more about insurance here:brainly.com/question/25855858

#SPJ1

8 0
2 years ago
One example of the role of democracy in education is
erma4kov [3.2K]
I’m pretty sure the answer is C. To cultivate responsibility in our students
5 0
3 years ago
Other questions:
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • How much does it cost to run a 20 gallon fish tank?
    6·1 answer
  • An organizational role is a set of task-related behaviors required of a person by his or her position in an organization.
    9·1 answer
  • When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called:
    14·1 answer
  • Mercantilists wanted a favorable balance of trade, by which they meant a. exports = imports. b. exports &gt; imports. c. exports
    14·1 answer
  • When a $1000 bond is initially sold at 5 percent "coupon" yield for 30 years, $50 (.05 x $1,000) interest per year is paid to th
    14·1 answer
  • At the start of the current year, a company paid for the following in cash: Copyrights, $2,000,000 Equipment, $25,000,000 Goodwi
    6·1 answer
  • WILL MARK BRAINLIEST
    6·1 answer
  • Which areas of culture need to be specifically addressed by marketers when developing a global marketing plan for their company’
    11·1 answer
  • The only way to decrease your lifestyle budget is by completely eliminating an item.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!