Data for decision tree problems:
JDI, Inc. is trying to decide whether to make or buy a part (#J-45FPT). Purchasing the part would cost $1.30 each. If they design and produce it themselves, it will result in a per unit cost of $0.82. However, the design investment would be $40,000. Further, they realize that for this type of part, there is a 25% chance that the part will need to be redesigned at an additional cost of $50,000. Regardless of whether they make or buy the part, JDI will need 80,000 of these parts. Using decision trees analysis and EMV, what should JDI do?
Note: draw the decision tree and answer test1 questions with ID – Decision tree
Answer the following questions
1. ID decision tree
What is the expected value of the decision node?
.2. ID Decision tree
What is leaf value of the path with success?
3. ID Decision tree
What is leaf value of the path with failure?
Answers
The expected value of the decision node in the decision tree is the sum of the expected values of its branches weighted by their respective probabilities.
In this case, the decision node represents the choice between making or buying the part. The expected value would be calculated by multiplying the probability of making (0.75) by the expected value of making ($0.82 * 80,000 - $40,000) and adding it to the probability of buying (0.25) multiplied by the expected value of buying ($1.30 * 80,000).
The leaf value of the path with success represents the outcome when the decision to make the part is successful. In this case, if JDI decides to make the part and it is successful, the per unit cost would be $0.82 and they would need 80,000 parts. Therefore, the leaf value of the path with success would be calculated as $0.82 * 80,000 - $40,000.
The leaf value of the path with failure represents the outcome when the decision to make the part results in the need for redesigning. In this case, if JDI decides to make the part and it requires redesigning, the additional cost of $50,000 would be incurred. Therefore, the leaf value of the path with failure would be calculated as -$50,000.
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Related Questions
george has a gross estate valued at $1.8 million. his estate consists almost entirely of publicly held stock owned solely by him. he owes no debts. george's only living relative is a nephew whom he hasn't seen or heard from in 30 years. george has not executed a valid will. if george were to die in the current year without change in any of the related facts, which one of the following is a disadvantage of the probate process for george? a) it will not allow distribution of his estate without incurring considerable cost in attempting to locate his nephew. b) it will not allow george's estate to claim a marital deduction to reduce the taxable estate. c) it will not allow payment of a personal representative's fee to reduce his estate tax so that it can be covered by the allowable unified credit. d) it will not allow george's estate to be subject to court supervision regarding payment of claims and distribution.
Answers
It will not allow distribution of his estate without incurring considerable cost in attempting to locate his nephew.
Which are the disadvantage of the probate process?
1. Cost: The probate process can be time consuming and expensive. Probate fees and costs can add up quickly, and the process can be delayed due to paperwork and other issues.
2. Time: The probate process can take a long time to complete, often lasting for months or even years in some cases.
3. Complexity: The probate process can be complex and confusing, especially for those unfamiliar with the process.
4. Exposure: During the probate process, the estate will be exposed to creditors and other claims, which can reduce the amount of money available to heirs and beneficiaries.
5. Privacy: The probate process is a matter of public record, meaning that the details of the estate and the proceedings are a matter of public knowledge.
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omeone who likes building, designing, or creating things probably has a(n) _____. a. naturalistic learning styles b. bodily/kinesthetic learning style c. logical/mathematical learning style d. visual/spatial learning style Please select the best answer from the choices provided A B C D
Answers
Answer:
D. Visual/spatial learning style.
Explanation:
Someone* have a great day<3
Answer:
I assume D
Explanation:
A is a maybe but when it comes to buildings, It tips me off of the idea from an naturalist style,
b doesn't seem to be the answer as if " learning takes place by the students carrying out physical activities, rather than listening to a lecture or watching demonstrations."
C logical and mathicals ways is different from designs and the artistic way of building this seems to be in a career for maybe a bank teller or a teacher
A country usually imposes an embargo on another country for economic reasons rather than political reasons.
True or False
Answers
Answer:
True
Explanation:
Hopefully this helps.
Answer:
False
Explanation:
Took test
Write three sentences.What is summer mainly about and what is your fav thing about summer time?
Answers
Downa Maton bac expects to pay common shareholders a dividend of $3.3 in one year and the dividends are then forecasted to grow at a constant rate of 24% your required rate of tam on the equity investment is to be 9.2%, how much would you be willing to pay for one share of Downtown Motoms stock today
Answers
Downa Maton Bac, a company, plans to pay a dividend of $3.3 to its common shareholders in one year. The company forecasts that the dividends will grow at a constant rate of 24% in the future.
To determine the value of a share, we can use the dividend discount model (DDM). According to DDM, the value of a stock is equal to the present value of all its future dividends. In this case, since the dividends are expected to grow at a constant rate, we can use the Gordon Growth Model, a variation of DDM.
The Gordon Growth Model formula is as follows:
Value of Stock = Dividend / (Required Rate of Return - Dividend Growth Rate)
Plugging in the given values, we have:
Value of Stock = $3.3 / (0.092 - 0.24)
Simplifying the equation, we get:
Value of Stock = $3.3 / (-0.148)
Calculating the value, we find:
Value of Stock ≈ -$22.3
The negative value suggests that something is not right with the inputs or calculations. Please double-check the provided data or equations to ensure accuracy.
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When buying groceries, Suki swipes a card to electronically subtract money from her checking account to pay. She is essentially using cash, as the amount is immediately removed from her account. Which type of card is Suki using? A. a debit card B. a smart card C. a stored value card D. a gift card
Answers
Answer:
A. a debit card
Explanation:
You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?
Answers
Answer:
$48.9125
Explanation:
7.5% of 45.50 is 3.4125
3.4135+45.50=48.9125
Asset Allocation Model In this section use the investor profile below to develop an asset allocation model dividing the investments into cash, fixed income, equity and speculative. Explain your choices. Your asset allocation must contain at least one type of investment from each of the cash and fixed income categories. Your asset allocation model must have at least two equity investments. Speculative investments should be considered for high-risk investors. The costs of the investments should be identified. There is no limit on the number of investments chosen but each should be chosen for a specific reason. A proper analysis includes an economic analysis, industry analysis and company specific analysis. Describe the strategy chosen for your investment purchases. Discuss real events which took place to make you alter any decisions and why it made you take a different course of action. Reference news articles and websites to illustrate your course of action. Criteria: Have you shown an understanding of risk, liquidity, return and time frame in selecting an asset allocation? Have you offered clear and objective evidence to support your asset allocation? Have you adhered to the required number of investments for each investment category? Do you offer reasons why one investment was chosen over another? Is there diversity within the category and a reason for that diversity? Do the choices reflect research?
Answers
In The Asset Allocation, Growth investment: which employs fundamental analysis, is one of the oldest and most basic types of investing. As a result, considerably more immediate changes may be useful. You have the option of employing leverage with your money.
The Asset Allocation Model is similar to purchasing good quality products . You don't need anything ostentatious or one-of-a-kind.
Growth investment: which employs fundamental analysis, is one of the oldest and most basic types of investing. As a result, considerably more immediate changes may be useful. You have the option of employing leverage with your money.
Invest and Hold: Rather than "timing the market," investors who buy and hold believe that "time in the market" is preferable. If you use this method, you will be able to buy securities and retain them for a long period.
Therefore, Growth investment and Invest and Hold are the option of employing leverage with your money.
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Which of the following statements are not true of satisfied customers?
A. Satisfied customers tend to stay loyal.
B. Customers will spend more money with a company for great customer service.
C. Satisfied customers do not share their experiences with other people.
D. All of the above
Answers
OPTION (C) Satisfied customers do not share their experiences with other people. When customers feel satisfied from the services or products from a particular company, they are tend to share their experience with their friends and families. So that they can too get benefitted from the same.
Who are Customers?In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.
What is meant by 'Services'?A service is any activity or benefit that one party can offer to another, which is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.
What is a Company?A company, abbreviated as co., is a legal entity representing an association of people, whether legal, natural, or a mixture of both, with a specific task or objective. Company members share a common purpose and unite to achieve specific, declared goals.
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Which development with most reflects Karl max is belief in the economic system that he predicted to replace free market
Answers
The development with most reflects Karl max that is belief in the economic system that he predicted to replace free market is option B. Workers share all the profits generated from a factory. Read below about Karl Max's belief in economic system.
What is Karl Max's belief on the economic system?Marx believed that in a capitalist system, society would inevitably divide themselves into two classes – the business owners and the workers. The workers would produce the material goods and conduct all the labor, while the owners would reap all the financial and social benefits.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which development would most reflect Karl Marx's belief in the economic system that he predicted would replace free markets? A. Governments eliminate all taxes on wealthy corporations. B. Workers share all the profits generated from a factory. C. Companies begin to sell their products in overseas markets. D. Businesses refuse to hire workers who demand high wages.
Sidwan, owner of Jacuzzi Warehouse, said, "We have to focus on our customers and how we can beat the competition, so we have to be flexible." He encourages his R&D department to develop innovative products and focuses on being quick to respond to market changes. Jacuzzi Warehouse has a(n)
Answers
Answer:
The remaining part of the question is:
A) clan culture.
B) goal-driven agenda.
C) adhocracy culture.
D) market culture.
E) focused approach.
Correct Answer:
D) market culture.
Explanation:
His suggestion of his research and development team to develop innovative products for the emerging changes in markets for his customers shows that, Jacuzzi Warehouse has a market culture.
on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.
Answers
Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.
Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold. This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.
Specific identification is just one method in inventory costing. Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.
Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.
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Describe the arrangement many parents and students make if the parent decides to take out a Parent PLUS Loan.
I NEED A ANSWER AS QUICKLY AS POSSIBLE I NEED TO TURN IN THIS TODAY
Answers
Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.
Are parents need to obtain a parental PLUS loan?A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.
Is obtaining a parental PLUS loan simple?Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.
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Staintation has $70 million in assets and $50 million in owners’ equity. How much does the firm have in liabilities?
Answers
The firm has $20 million in liabilities. through the accounting concepts i.e., assets = owners equity + liabilities.
The accounting equation is the formula that states that the sum of a company's liabilities and equity equals its total assets (Assets = Liabilities + Equity). The unique relationship between a company's liabilities, assets and equity is the backbone of double-entry bookkeeping.Accounting equations are the basis of double-entry bookkeeping. The balance sheet formula shows that on a company's balance sheet, the company's total assets equal the sum of its liabilities and the company's equity. assets represent valuable resources managed by the company. Liabilities represent its obligations.Liabilities and equity both describe how a company's assets are financed.Debt financing is presented as debt and equity financing is presented as equity. increase.Thus, when assets equal to liabilities and owners' equity then we can easily bring out the liabilities i.e., $20 million.
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The ultimate success of new products (goods or services) primarily depends on: Select one: a. The reputation of the organization b. Consumers accepting them c. The strength of the marketing efforts d. The organization's brand identity
Answers
Consumer acceptance is the primary determinant of the ultimate success of new products.Option b is correct.
The ultimate success of new products (goods or services) primarily depends on consumers accepting them (option b). While the reputation of the organization (option a), the strength of the marketing efforts (option c), and the organization's brand identity (option d) all play significant roles, it is consumers accepting the new products that ultimately determines their success in the market.
Consumers accepting new products means that they find value in the offerings and are willing to purchase and use them. Factors such as the product's quality, features, price, and how well it meets the needs and desires of the target market are crucial in gaining consumer acceptance. Positive word-of-mouth, recommendations, and reviews from satisfied customers also contribute to consumer acceptance.
While a strong organization reputation, effective marketing efforts, and a well-established brand identity can positively influence consumer acceptance, they are not guarantees of success. Without consumer acceptance, even the most reputable organization, powerful marketing campaigns, and strong brand identity may not translate into sustained demand and profitability for new products.
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Reflect on the section Planning and Executing Change Effectively, in Chapter 7 of the text. Summarize the key steps in planning and executing change in a 500 word journal entry
Answers
Planning and executing change is an essential aspect of any successful organization. It is necessary to remain competitive and adapt to the changing environment. The process of change can be challenging and stressful, but with proper planning and execution, it can lead to growth and success. In Chapter 7 of the text, we learned about the key steps involved in planning and executing change effectively.
The first step is to establish a clear vision for the change. This involves identifying the need for change, defining the desired outcome, and communicating it to all stakeholders. A clear vision helps in aligning everyone towards a common goal and sets the stage for a successful change effort.
The second step is to assess the organization's readiness for change. This involves identifying the strengths and weaknesses of the organization, evaluating the resources required for the change effort, and assessing the level of support from the stakeholders. It is crucial to understand the organization's readiness for change to plan and execute it effectively.
The third step is to develop a comprehensive plan for the change effort. This involves identifying the specific steps required to achieve the desired outcome, assigning responsibilities to the stakeholders, and developing a timeline for the change effort. A comprehensive plan helps in ensuring that everyone is on the same page and helps in tracking progress.
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what are the main differences between saving and investing?
Answers
The biggest difference between saving and investing is the level of risk taken.
The adjusting entry to record the amortization of a discount on bonds payable is?.
Answers
The adjusting entry to document the amortization of a Discount on Bonds Payable is credited in place of Interest Expense.
What is Amortization?The practize of paying off a debt over time with a series of instalments is called amortization. Both the principle and interest portions of each payment are applied to the loan balance. As the loan is repaid, a little amount is initially set aside each month for principal, and this amount grows significantly each month.
A business may spread out the expense of a patent throughout the course of its usefulness. Consider a scenario in which a corporation holds the sole rights to a patent for ten years with no option for renewal.
The principal balance of a loan is reduced over time as the total principal and interest payments rise, as shown by amortization schedules. As the loan is repaid, less interest is paid and more of each payment is allocated to the main debt outstanding.
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which intangible product is exchanged directly between the producer and the customer?
Answers
The intangible product which exchanged directly btwn the producer and customer is " service "
Journalize these transactions for Sampson Co. If an amount box does not require an entry, leave it blank
Answers
The journal entries of these transactions for Sampson Co. using the perpetual inventory method are as follows:
Journal Entries:Dec. 1: Debit Accounts Receivable (Batson Co.) $46,000
Credit Sales Revenue $46,000
Terms 2/15, net 45.
Debit Cost of Goods Sold $38,500
Credit Inventory $38,500
Dec. 6: Debit Cash $45,080
Debit Cash Discounts $920
Credit Accounts Receivable (Batson Co.) $46,000
Transaction Analysis:Dec. 1: Accounts Receivable (Batson Co.) $46,000
Sales Revenue $46,000
Terms 2/15, net 45.
Cost of Goods Sold $38,500
Inventory $38,500
Dec. 6: Cash $45,080
Cash Discounts $920
Accounts Receivable (Batson Co.) $46,000
Question Completion:Dec. 1 Sampson Co. sold merchandise to Batson Co. on account, of $46,000, terms 2/15, net 45.
The cost of the merchandise sold is $38,500.
Dec. 6 The Batson Co. paid the invoice within the discount period.
Sampson Co. uses the perpetual inventory method.
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from the standpoint of the person buying insurance, the central purpose of insurance should be:
Answers
From the standpoint of the person buying insurance, the central purpose of insurance should be to provide financial protection against potential losses or damages.
Insurance acts as a safety net for individuals and helps them manage the risks associated with various aspects of their lives, such as health, property, and vehicles. The primary goal of insurance is to offer peace of mind by mitigating the financial impact of unexpected events, allowing individuals to focus on their daily lives without worrying about the potential costs of accidents or disasters.
Ultimately, the purpose of insurance is to provide a sense of security and stability to the insured person, knowing that they are protected against unforeseen circumstances.
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When viewability costs are prohibitive, it's because of the goals that are in place for the campaign. a. true b. false
Answers
The statement "When viewability costs are prohibitive, it's because of the goals that are in place for the campaign" is true.
Viewability costs can be prohibitive for a number of reasons, one of which may be the goals of the campaign.
For example, if the goal of the campaign is to achieve a high level of ad engagement or conversions, then viewability may be a crucial factor in achieving those goals.
In this case, the advertiser may need to pay a premium for highly viewable ad placements.
However, there are other factors that can impact viewability costs, such as the ad format, placement, and the overall demand for viewable ad inventory.
Advertisers may also be competing for a limited amount of viewable inventory, which can drive up costs. Additionally, some publishers may intentionally limit the amount of viewable inventory available in order to increase prices.
In summary, while campaign goals can be a factor in viewability costs, there are other variables that can impact pricing as well.
Advertisers should consider their overall strategy and budget when evaluating viewability costs and determine whether paying a premium for viewable inventory is necessary to achieve their goals.
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how did Suzy Batiz failures set her up for success?
Answers
Answer:
I'm not sure
Explanation:
Not enough explanation.
Instructions: This workshop has a theoretical part and an image construction part, you must follow the rubric at the end with which this activity will be evaluated. Solve the following exercises (1-4) 1.A concave spherical mirror has a radius of curvature of 20.0 cm. a) Determine the image location for object distances of (i) 40.0 cm, (ii) 20.0 cm, and (iii) 10.0 cm. In each case, say whether the image is b) real or virtual and c) whether it is vertical or inverted. d) Determine the magnification for each case
Answers
A concave spherical mirror has a radius of curvature of 20.0 cm. We have to determine the image location for object distances of 40.0 cm, 20.0 cm, and 10.0 cm. In each case, we have to determine whether the image is real or virtual and whether it is vertical or inverted.
We also need to determine the magnification for each case.The formula that we need to determine the image location is:1/f=1/do+1/diWhere,f = Focal length of the mirror (m)do = Object distance from the mirror (m)di = Image distance from the mirror (m)We know that the focal length of the mirror is half of the radius of curvature.
Hence,f = -10.0 cm = -0.1 m. For do = 40.0 cm = 0.4 m,1/f = 1/0.4 + 1/diSo,di = -0.133 mAs do and di are of opposite sign, the image is real and inverted. For do = 20.0 cm = 0.2 m,1/f = 1/0.2 + 1/diSo,di = -0.1 mAs do and di are of opposite sign, the image is real and inverted.
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name and explain two factors that contribute to a detrimental relationship?
Answers
Answer:
The two factors that contribute to a detrimental relationship are infidelity and lack of communication. Further Explanation: Detrimental relationship is a type of harmful relationship that may hurt a person in a relationship. Detrimental is something that has a damaging and harmful effect on someone or something
Explanation:
After many months in business, Horatio decides that there are some negative aspects of having a sole proprietorship. All of the followin
are negatives except.
Answers
As Horatio decides that there are some negative aspects of having a sole proprietorship, the exception to the negative was "Pride of ownership".
What is a sole proprietorship?It refers to a one-man business organisation. It involve a natural person (not a legal person/entity) who fully owns and manages this type of entity. In addition, the sole proprietorship usually does not have to be incorporated or registered.
Because of these fact, the sole proprietorship is the simplest form of business structure and the ideal choice to run a small business or medium scale business.
Missing options "a)lack of money b)lack of continuity c)pride of ownership d)unlimited liability
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An annuity is a great way to invest your money while "playing it safe."
True
False
Answers
9/10
What do you need in order to fill out your 1040?
Your W-2
Your employer benefits documentation
Your credit card statement
Your job offer
Answers
Answer:
d
Explanation:
Answer:
Your job offer
Explanation:
took the test
Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.
Answers
Answer:
B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.
Explanation:
examples of frictional force
Answers
Explanation:
I hope this would be the right answer....