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
If its just a number 2,300 is an answer
The deceleration experienced by the gymnast is the 9 times of the acceleration due to gravity.
Now from Newton`s first law, the net force on gymnast,
Here, W is the weight of the gymnast and a is the acceleration experienced by the gymnast ( acceleration due to gravity)
Therefore,
OR
Given and
Substituting these values in above formula and calculate the force exerted by the gymnast,
To solve this problem we will use the basic concept given by the Volume of a sphere with which the atom approaches. The fraction in percentage terms would be given by the division of the total volume of the nucleus by that of the volume of the atom, that is,
Therefore the percent of the atom's volume is occupied by mass is