Quantitative Analysis Task 5 Competency 309.3.3: Expected Value Decision Analysis Task A. Expected Value for each decision Develop New Product Decision Brach 1 – Develop Thoroughly EV if Market reaction is good= $500.000(0‚ 4)= $200.000 EV if Market reaction is moderate= $25.000(0‚ 4)= $10.00 EV if Market reaction is poor= $1.000(0‚2)=$200 Total EMV=$200.000+$10.000+200= $210.20 Decision Brach 2 – Develop Rapidly EV if Market reaction is good= $500.000(0‚ 1)= $50
Premium Probability theory Decision theory Expected value
Quality of Life for the Terminally Ill By Western Governor’s University Abstract Chronic‚ terminally ill patients are often cared for in their own homes and the personal perceptions of the health care team can affect the care provided. My perceptions may vary from my patients however I would try to ensure I do not impose my beliefs unto them. Mrs. Thomas a 56 year old woman with recurrent metastasized cancer has a poor prognosis for recovery and is recommended
Premium Health care Hospice Palliative medicine
ECE DB# 2 Gramling: Two phases related to the child development and learning standards and school readiness: What are my thoughts and experiences about this? Does Gramling overstate our reliance on child development and early learning guidelines? Should we not be looking at the next level of development and scaffolding children to move forward that outcome? OR do child development and early learning guidelines provide meaningful support to the adults that use the‚‚ to help assure appropriate expectations
Premium Developmental psychology Education School
ethics. Acceptable Standards 1. Integrity- We will always do what we say and say what we do. We must always be consistent‚ credible and act with integrity. Employee’s actions should maintain high integrity in all activity related to this organization. 2. Diversity- Our culture is based on mutual respect and we value the differences that each employee brings to their position. Employees will treat others with respect and should build an environment of mutual respect. Employee differences and disagreements
Premium Ethics Business ethics Management
QRT 2 - Task 2 Date In the times that we live in‚ and the times we are heading towards‚ e-commerce is an ever growing and ever important way to help a company reach its potential. Making items available online provides an incredibly convenient way for customers to browse a store’s inventory from anywhere in the world. Not only for current customers‚ but even more importantly‚ for people who may not have the ability to visit a physical store. The reasons can be plentiful that
Premium Customer relationship management Electronic commerce Marketing
A. Discuss elasticity of demand as it pertains to elastic‚ unit‚ and inelastic demand. Elasticity of demand is gauged by the percentage of change in demand when the price of an item varies. If the change in the quantity demanded is greater than 1 the demand is elastic. Elasticity of demand is calculated by ED=quantity demanded/decrease in price. If you reduce the price of milk by 6%‚ and that causes an increase of quantity demanded by 9% the demand for milk is elastic (ED= .09/.06 = 1.5).
Premium Supply and demand Consumer theory Elasticity
memorandum to: CEO‚ Executive Team from: Elementary Division Manager date: December 27‚ 2013 subject: lead contaminated whistle shipment for south american school Summary: Based on recent quality testing on the toys manufactured for elementary school aged children‚ it has been noted that the metal whistles contain an amount of lead that is over the United States legally acceptable limit for children age 7 and under. A large shipment is packaged and scheduled to depart at the end of
Premium United States Environmental Protection Agency Lead Water
JET BLUE AND WESTJET: A tale of two IS projects 1. How important is the reservation systems at airlines such as WestJet and JetBlue. How does it impact operational activities and decision making? Over the past years‚ customers have been heavily relying on airline reservation systems to book their tickets‚ reserve seats‚ pay for the tickets and also check-in online. For customers‚ this has been a very convenient method and they are able to easily plan their trips. For the Airline companies
Premium Southwest Airlines Airline Avianca
JET Task 5 A1. Key Points Banks are concerned with Custom Snowboards liabilities and assets. They are interested in assets as this is what Customer Snowboards will use to generate funds to repay the loan. Banks are interested in liabilities as this is what Custom Snowboards currently owes other creditors. Custom Snowboard‚ Inc. showed a small decrease of 3.40% in net sales from Year 13 to Year 14. This slight reduction can be attributed to the decline in the current economic situation
Premium Snow History Sales
Project Part 2 Task 2: Business Continuity Plan Ronald Horne 5/28/2015 INTRODUCTION 1.1 PURPOSE OF BUSINESS CONTINUITY PLAN The Business Continuity Plan is designed to prepare an organization to continue doing business when a disaster strikes. The BCP differs from the traditional disaster recovery plan in the fact that a BCP covers all aspects of the business and incorporates the DRP as part of it. The DRP focuses on restoring data and on information technology only. BUSINESS CONTINUITY PLAN
Premium Business continuity planning Disaster recovery Internet service provider