Mathematics, 23.04.2021 17:50, scavalieri2421
The Super Cola Company must decide whether or not to introduce a new diet soft drink. Management feels that if it does introduce the diet soda it will yield a profit of $1 million if sales are around 100 million, a profit of $200,000 if sales are around 50 million, or it will lose $2 million if sales are only around 1 million bottles. If Super Cola does not market the new diet soda, it will suffer a loss of $400,000.
Required:
a. Should Super Cola introduce the soda if the company wants to minimize its maximum disappointment?
b. Construct a payoff table for this problem.
c. Construct a regret table for this problem.
d. An internal marketing research study has found P(100 million in sales) = 1/3; P(50 million in sales) = 1/2; P(1 million in sales) = 1/6. Should Super Cola introduce the new diet soda?
e. A consulting firm can perform a more thorough study for $275,000. Should management have this study performed?
Answers: 1
Mathematics, 21.06.2019 14:30, paatnguyyen
Ineed asap. i cant understand this question i need someone to me right away
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Mathematics, 21.06.2019 17:30, edfwef5024
Marco has $38.43 dollars in his checking account. his checking account is linked to his amazon music account so he can buy music. the songs he purchases cost $1.29. part 1: write an expression to describe the amount of money in his checking account in relationship to the number of songs he purchases. part 2: describe what the variable represents in this situation.
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Mathematics, 21.06.2019 17:40, sophiaa23
Im gonna fail 7th grade selective breeding 1. creates offspring which are genetically identical to the parent 2. is the process of breeding only organisms with desirable traits 3. involves the removal of the nucleus of a cell 4. combines traits from organisms of different species
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