subject

A company is considering making a new product. They estimate the probability that the new product will be successful is 0.75. If it is successful it would generate $240,000 in revenue. If it is not successful, it would not generate any revenue. The cost to develop the product is $196,000. Use the profit (revenue βˆ’ cost) and expected value to decide whether the company should make this new product.

ansver
Answers: 2

Another question on Computers and Technology

question
Computers and Technology, 22.06.2019 19:40
Solve the following javafx application: write a javafx application that analyzes a word. the user would type the word in a text field, and the application provides three buttons for the following: - one button, when clicked, displays the length of the word.- another button, when clicked, displays the number of vowels in the word.- another button, when clicked, displays the number of uppercase letters in the word(use the gridpane or hbox and vbox to organize the gui controls).
Answers: 1
question
Computers and Technology, 23.06.2019 04:00
Write a method that takes in an array of point2d objects, and then analyzes the dataset to find points that are close together. be sure to review the point2d api. in your method, if the distance between any pair of points is less than 10, display the distance and the (x,y)s of each point. for example, "the distance between (3,5) and (8,9) is 6.40312." the complete api for the point2d adt may be viewed at ~pf/sedgewick-wayne/algs4/documentation/point2d.html (links to an external site.)links to an external site.. try to write your program directly from the api - do not review the adt's source code.
Answers: 1
question
Computers and Technology, 23.06.2019 09:30
Why is an outfitting a workspace with video games in a technology development company considered a strategic use of money
Answers: 1
question
Computers and Technology, 23.06.2019 18:30
How often does colleges update the cost of attendance on their website? . a)every two years b) every four years c) every year d) every semester
Answers: 1
You know the right answer?
A company is considering making a new product. They estimate the probability that the new product wi...
Questions
question
History, 23.11.2020 16:20
question
Biology, 23.11.2020 16:20
question
Mathematics, 23.11.2020 16:20