Dean Kuroff started a business of rehabbing old homes. He recently purchased a circa-1800 Victorian mansion and converted it into a three-family residence. Yesterday, one of his tenants complained that the refrigerator was not working properly. Dean’s cash flow is not extensive, so he was not excited about purchasing a new refrigerator. He is considering two other options: purchase a used refrigerator or repair the current unit. He can purchase a new one for $600, and it will easily last three years. If he repairs the current one, he estimates a repair cost of $150, but he also believes that there is only a 25% chance that it will last a full three years and he will end up purchasing a new one anyway. If he buys a used refrigerator for $200, he estimates that there is a 0.4 probability that it will last at least three years. If it breaks down, he will still have the option of repairing it for $150 or buying a new one. Develop a decision tree for this situation and determine Dean’s optimal strategy.

Answers

Answer 1

Answer:

The decision tree is a explained as follows

Step-by-step explanation:

Currently two options are available

Purchase a new refrigerator for $600.Repair this refrigerator for $150, There is only 25% chance that the refrigerator will work for the next three years. $37.5 ($150 * 0.25) There is 75% chance that the refrigerator will need to be purchased a new refrigerator for $600. $450 ($600 * 75%)

   3. If he buys a used refrigerator for $200 there is 40% chance that it will work for next three years. $80 ($200 * 40%)

But there is 60% chance that the refrigerator will not work and he will

              a. Repair the refrigerator for $150. $90 ($150 * 60%)

              b. Buy a new refrigerator for $600. $360 ($600 * 60%)


Related Questions

100 POINTS!!! For which value of b will the quadratic equation x^2-bx+16=0 have exactly two different integer solutions? Select all that apply.

Answers

The value of b for which the quadratic equation x² - bx + 16 = 0 have exactly two different integer solutions is b > 8

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

A quadratic equation is in the form:

y = ax² + bx + c

Where a, b and c are constants.

If b² - 4ac > 0, then the equation have exactly two different integer solutions.

Given the equation:

x² - bx + 16 = 0, to have exactly two different integer solutions:

(-b)² - 4(1)(16) > 0

b > 8

The value of b for which the quadratic equation x² - bx + 16 = 0 have exactly two different integer solutions is b > 8

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Answer:

x=8

Step-by-step explanation:

PLEASE HELP ASAP!!!!

Answers

Answer:

yes the answer is 456

Step-by-step explanation:

Name:
Date:
TRIGONOMETRIC IDENTITIES - DAY #1
ALGEBRA 2 WITH TRIGONOMETRY - HOMEWORK

Answers

Answer:

4567,4678..............

Factorise fully 12x + 18y

Answers

Answer:

6(2x + 3y)

Step-by-step explanation:

6 is the largest greatest common factor you can take out. As all powers are 1, nothing else can be done.

The factorize form of the expression  12x + 18y is 6(2x+3y)

What is Expression?

An expression is combination of variables, numbers and operators.

The given expression is  12x + 18y

Twelve times of x plus eighteen times of y

x and y are the variables in the expression

Let us factorize the expression

The Gcd of 12 and 18 is 6

So take 6 as common from the expression

6(2x+3y)

Hence, the factorize form of the expression  12x + 18y is 6(2x+3y)

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PLEASEEEE HELPPPPPPP

Answers

Answer:

the scale factor of RSTU to R'S'T'U' is 1/3

Step-by-step explanation:

look at the graph and count how many squares are needed for the line RS (3) and how many for the line R'S' (9).

this is 1:3 or 1/3

all other sides follow the same ratio.

the point P is diagonally one square down from S and 3 squares down from S'.

Write the Plural! Spanish, help!!

Answers

Las mujeres son altas
Los examenes no son dificiles
Las chicas son inteligentes
Los son altos
Los señores son jovenes

Jon places $6,500 in his bank account that grows at a rate of 3% per year.

Write a function (equation) that models this relationship. (2 points).

The function (equation) that models this relationship is

Answers

Answer:

Step-by-step explanation:

When interest compounds once per year, the formula for this is

[tex]A(t)=P(1+r)^t[/tex] where P is the initial investment, r is the interest rate at which it grows, and t is the time in years. Therefore, our model is

[tex]A(t)=6500(1+.03)^t[/tex] or simplified a bit:

[tex]A(t)=6500(1.03)^t[/tex]

which is equivalent to this equation

Answers

Answer:

The correct option is (b).

Step-by-step explanation:

We need to find the value of the given expression i.e.

3⁷ × 3⁻⁴

We know that, one of the property of exponent is:

[tex]x^{-a}=\dfrac{1}{a}[/tex]

So,

[tex]3^7\times 3^{-4}=3^7\times \dfrac{1}{3^4}\\\\=3^3\\\\=27[/tex]

Hence, the correct option is (b).

31 more than a number is 12

Answers

Answer:

-19.

Step-by-step explanation:

-19+31 gets you 12.

-19 the answer is I took the quiz

The area of a triangle is 12 square units. The base of the triangle is 4 units. What is the height of the triangle in units?

Answers

Answer:

6 =h

Step-by-step explanation:

The area of a triangle is given by

A = 1/2 bh

12 = 1/2 (4) h

12 =2h

Divide each side by 2

12/2 = 2h/2

6 =h

Given m|n, find the value of x.
(6x-4)°
(3x+4)°

Answers

Answer:

6x-4+3x+4=180{ straight angel}

9x=180x=180/9x=20°

stay safe healthy and happy.....

Can someone help me?

Answers

Answer:

Second one: (1,2) (2,4) (3,6)

Step-by-step explanation:

y = 2x

2 = 1(2)

4 = 2(2)

6 = 2(3)

Answer:

(1,2),(2,4),(3,6)

Step-by-step explanation:

y = 2x

y = 2(1)

y = 2

y = 2x

y = 2(3)

y = 6

y = 2x

y = 2(2)

y = 4

x axis and y axis of each coordinate match with equation

Renaldo has a spinner with 10 equal sectors with labels from 1 to 10. He spins the spinner once. What is the probability that he gets a number that is a multiple of 3, or a 5?​

Answers

Answer:

2/5

Step-by-step explanation:

3, 6, 9, 5 is four options

4/10 = 2/5

Evaluate what’s in the picture.

Answers

Answer:

8P3 = 336

9C4 = 126

Step-by-step explanation:

8P3 = 8! ÷ 5!  =  8x7x6 = 336

9C4 = 9! ÷ (5!·4!)  =  (9x8x7x6) ÷ (4x3x2) = 126

A and B are independent events. P(A) = 0.50 and P(B) = 0.30. What is
PA and B)?

Answers

Answer:

0.15

Step-by-step explanation:

the image shown at the right contains many triangles describe the different types of triangles found in the image. PLS HELP​

Answers

Answer:

Step-by-step explanation:

*There is an acute isosceles (don't know if I am spelling any of these correct)

*Right Scalene

*right isosceles

*equilateral

Those are some of the ones that I found

Oklahoma thank you thank goodness thank you thank

A farmer had some chickens and some cows. She counted 40 total heads and 126 total legs. How many cows did she have?

Answers

23 cows and 17 chickens

Answer all 4 for a nice brainliest

Answers

A. 24-9+3\3+3
24-9+1+3
15+1+3
16 + 3
19
A is 19


B. 2 x (2^4 -3^2) -4 /2
2 x 16 - 9 -4 /2
2 x 16 -9-2
32-9-2
23-2
21
B Is 21


C. 6/3 +10
2+10
12
C is 12


D.
9 x 5
Over
3 x 3
45/9
5
D is 5
Hope that helped

Identify each triangle based on angles. (Acute, Obtuse or Right)please I don’t understand this

Answers

Answer:

45

Step-by-step explanation:

Answer:

2. right

3.obtuse

hope this helps

have a good day :)

Step-by-step explanation:

When 0.3(4x-8)-0.5(-2.4x+4) is simplified. What is the resulting expression?

Answers

Answer:

2.4x-4.4

Step-by-step explanation:

0.3(4x-8)-0.5(-2.4x+4)

DISTRIBUTE: 1.2x-2.4+1.2x-2

COMBINE LIKE TERMS: 2.4x-4.4

your answer is: 2.4x-4.4

2w+22=-6(w+7) what is the answer for w

Answers

Answer:

w=-8

Step-by-step explanation:

2w+22=-6(w+7)

2w+22=-6w-42

8w+22=-42

8w=-64

w=-8

Therefore, w=-8

Answer:

w = -8

Step-by-step explanation:

2w+22=-6(w+7)

2w+22 = -6w - 42

8w +22 = -42

8w = -64

w= -64/8

w = -8

in a study of 225 adults the average heart rate was 72 beats per minute assume the population of heart rates is known to be approximately normal with a standard deviation of 10 beats per minute what does a margin of error of 1.1 for the 90% confidence interval of the average beats per minute mean

Answers

Answer:

There Is A 90% Chance That The Population Mean Is Between 70.9 And 73.1 Beats Per Minute. There Is A 90% Chance That The Population Mean Is Between 62 And 82 Beats Per Minute. There Is A 10% Chance That The Population Mean Is Less Than 72 Beats Per Minute

Hope it helps

a serving of crackers has 1.5 grams of fat. How many grams of fat are in 3.75 servings

Answers

Answer:

5.625

Step-by-step explanation:

You just have to multiply 1.5 by 3.75 which is 5.625.

So there are 5.625 grams of fat in 3.75 servings.

5.625 grams of fat are in 3.75 servings.

You just have to multiply 1.5 by 3.75 which is 5.625.

So there are 5.625 grams of fat in 3.75 servings.

What is a Unitary method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

Learn more about the unitary method here https://brainly.com/question/24587372

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Please help me answer this

Answers

Answer:

answer is

Step-by-step explanation:

Area of triangle with sides a=8, b= 10, c=7

Answers

Answer:

d equal 10 this is the answer

Do you have a picture. In order to calculate the area we could use the Area of a Triangle Formula of Heron’s Formula.

Find the value for a,b,c,d

Answers

9514 1404 393

Answer:

  B.  a = 10√3, b = 5√3,  c = 15, d = 5

Step-by-step explanation:

When you examine the angles of these triangles, you see that all of the triangles are 30°-60°-90° triangles, so ratios of corresponding sides are the same.

Examining the answer choices, you see that all of them agree that ...

  a = 10√3, c = 15

Since b is the long leg of the smallest triangle, you know that b > d. This is only the case in answer choices B and D.

The leg marked 'a' is the long leg of the largest triangle, whose short leg is 10. That is the ratio of the longer to shorter legs is 10√3 : 10 = √3 : 1. The ratio of 'b' to 'd' needs to be the same, matching only answer choice B.

__

The ratios of the sides of a 30-60-90 triangle are 1 : √3 : 2. This tells you that ...

  d = 10/2 = 5

  c+d = 10×2 = 20   ⇒   c = 20 -5 = 15

  b = 5√3

  a = 10√3

As a check, c = b×√3 = (5√3)(√3) = 5·3 = 15. (matches above)

If g(x) = 2 - 5x, what is the value of g(2) - g(5)?

Answers

Answer:

15

Step-by-step explanation:

the steps are in the pic above

3. Minimize P = 3x – 25y + 38 given the following constraints: y+ -44 144 - 98 < 70 12y - 6x > -36 > -6 The minimum is: at (​

Answers

Answer:

-118 at (-2, 6)

Step-by-step explanation:

See the attached image of the graph!  I used a piece of graph paper (and a ruler!) at first, because the graphing program I used was hard to follow in all the shading!  The "feasible region" -- I'm assuming this is a linear programming problem is inside an irregular hexagon.  I put big red dots on the corner points.  Those points are:

(2, 2), (-2, 6), (-6, 4), (-6, -1), (-2, -4), (2, -2)

Plug these coordinates into the expression P = 3x - 25y + 38  to get a value at each of the corner points.  Pick out the smallest value.

See the other attached image for those values.

Careful graphing is essential!

The sum of two numbers is 12 . Their difference is 2 what are two numbers ?

Answers

Answer: 7 and 5

Step-by-step explanation:

I HOPE THIS HELPS

STAY SAFE!!!

Answer:

7 and 5

Step-by-step explanation:

7+5=12

7-5=2

Find one value of x that is a solution to the equation:
(x2 – 6)2 = -3x2 + 18

Answers

The value of x is at a site
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