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 answer is heat engine
Answer:
²₁H + ³₂He —> ⁴₂He + ¹₁H
Explanation:
From the question given above,
²₁H + ³₂He —> __ + ¹₁H
Let ⁿₐX be the unknown.
Thus the equation becomes:
²₁H + ³₂He —> ⁿₐX + ¹₁H
We shall determine, n, a and X. This can be obtained as follow:
For n:
2 + 3 = n + 1
5 = n + 1
Collect like terms
n = 5 – 1
n = 4
For a:
1 + 2 = a + 1
3 = a + 1
Collect like terms
a = 3 – 1
a = 2
For X:
n = 4
a = 2
X =?
ⁿₐX => ⁴₂X => ⁴₂He
Thus, the balanced equation is
²₁H + ³₂He —> ⁴₂He + ¹₁H
The rotation of Earth is equivalent to one day which is comprised of 24 hours. To determine the number of miles in Earth's circumference, one simply have to multiply the given rate by the appropriate conversion factor and dimensional analysis. This is shown below.
C = (1038 mi/h)(24 h/1 day)
C = 24,912 miles
From the given choices, the nearest value would have to be 20,000 mile. The answer is the second choice.
