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
madam [21]
3 years ago
8

At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benef

it of selecting machine A is $45,000 with a probability of 90%; the expected benefit of selecting machine B is $80,000 with a probability of 50% and the expected benefit of selecting machine C is $60,000 with a probability of 75%? (Points : 5) Machine A Machine B Machine C You would be indifferent between machines A and C You would be indifferent between machines A and B
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

Machine C

Explanation:

The expected monetary value (EMV) of machine A = $45,000 x 90% = $40,500

The expected monetary value (EMV) of machine B = $80,000 x 50% = $40,000

The expected monetary value (EMV) of machine C = $60,000 x 75% = $45,000

EMV of machine C is higher than the EMV of machines A and B

You might be interested in
One reason Congress expanded the exclusion of gain on the sale of a principal residence and eliminated the deferral provision wa
posledela

Answer:

The answer is:

If the gain resulting from selling their principal residence exceeds $500,000 for a married couple or $250,000 for a single filer.

The taxpayer doesn't qualify for the capital gains exclusion (e.g. maybe sold another property during the last year)

The taxpayer uses his principal residence for rental or commercial uses and depreciation may be allowed.

8 0
3 years ago
Safe-deposit boxes are:
ruslelena [56]

Answer:A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions. ... In the United States, neither banks nor the FDIC insure the contents.

Explanation:

3 0
4 years ago
Millions of software programs have been created and have helped to improve the economy. This is an
I am Lyosha [343]

Answer:

new technology.

Explanation:

An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system or technology comprises of five (5) main components;

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.

Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.

3 0
3 years ago
On December 31, the balance in the office supplies account is $1,385. A physical count shows $435 worth of supplies on hand. Pre
deff fn [24]

Answer:

Supplies Expense         $ 950 Dr.

     Supplies Account                                $ 950 Cr  

To record supplies used .

Explanation:

Supplies are assets until they are used. When they are used up their costs are reported as expenses. The cost of unused supplies are recorded in a supplies asset account.

The entry above shows that supplies of $ 950 have been used up during the accounting period from the amount of $ 1385 leaving supplies of $ 435.  

Not making an adjustment entry on 31 Dec would underestimate expenses and overstate net income.

7 0
4 years ago
A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w
Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ;  x is equal to the  time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0
2 years ago
Other questions:
  • Wexell Framing's cost formula for its supplies cost is $1,230 per month plus $10 per frame. For the month of October, the compan
    9·1 answer
  • A grocery shopper tosses a(n) 8.6 kg bag of rice into a stationary 17.6 kg grocery cart. The bag hits the cart with a horizontal
    6·1 answer
  • Daniel goes on vacation for four weeks. When he returns the company puts him on layoff for four weeks during which he waits to b
    8·1 answer
  • Which of the following statements is true?
    10·1 answer
  • Jonathan is applying for a new credit card. His credit rating is average. Which APR should he expect after the introductory peri
    10·1 answer
  • Tex's Manufacturing Company can make 200 units of a necessary component part with the following costs: Direct Materials $240,000
    14·1 answer
  • Which of the following statements about the W-2 form is TRUE? A. The W-2 includes information about the interest you earned from
    6·1 answer
  • The study of economics is primarily concerned with:
    5·1 answer
  • Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over it
    7·1 answer
  • Where should you look to find your current expenses
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!