Business, 17.09.2019 20:30 1slimeyshyy

Jeff kaufmann’s machine shop sells a variety of machines for job shops. a customer wants to purchase a model xpo2 drilling machine from jeff’s store. the model xpo2 sells for $180,000, but jeff is out of xpo2s. the customer says he will wait for jeff to get a xpo2 in stock. jeff knows that there is a wholesale market for xpo2s from which he can purchase an xpo2. jeff can buy an xpo2 today for $150,000, or he can wait a day and buy an xpo2 (if one is available) tomorrow for $125,000. if at least one xpo2 is still available tomorrow, jeff can wait until the day after tomorrow and buy an xpo2 (if one is still available) for $110,000. there is a 0.4 probability that there will be no model xpo2s available tomorrow. if there are model xpo2s available tomorrow, there is a 0.70 probability that by the day after tomorrow, there will be no model xpo2s available in the wholesale market. what is the maximum expected profit that jeff can achieve? what should jeff do?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 05:00

Which of the following are considered needs? check all that apply

Answers: 1

Answer

Business, 22.06.2019 08:30

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (

Answers: 3

Answer

Business, 22.06.2019 12:00

Identify at least 3 body language messages that project a positive attitude

Answers: 2

Answer

Business, 22.06.2019 22:00

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Answers: 1

Answer

You know the right answer?

Jeff kaufmann’s machine shop sells a variety of machines for job shops. a customer wants to purchase...

Questions