The president of a computer company must decide whether to place the company's new laptop on the market now or wait another year and continue with product testing.


The company's employees inform the president that if he releases the laptop now and no competitive devices enter the market, there will be a profit of $120,409.00; however, if he releases the laptop now and a competitive device enters the market, there will only be a small profit of $29,698.00. The company's employees also inform the president that if he waits another year and no competitive device enters the market, there will be a profit of $84,742.00; however, if he waits another year and a competitive device enters the market, there will be a loss of $59,396.00.


Suppose the company determines that there is a 22% chance that a competitive device will enter the market. What should the president do to maximize the expected profit over the next year?

Answers

Answer 1

Answer:

The president should release the new laptop now

Step-by-step explanation:

The profit if the new laptop is released now and no competitive device enters the market = $120,409.00

The profit if the new laptop is released now and a competitive device enters the market = $29,698

The profit if the new laptop is released in a years time and no competitive device enters the market = $84,742.00

The loss if the new laptop is released in a years time and a competitive device enters the market = $59,396.00

The chance that a competitive device will enter the market = 22%

∴ The chance that a competitive device will not enter the market = 1 - 22% = 78%

The expected increase in profit the company can make, compared to next year, if the new laptop is released and no competitive device enters the market = ($120,409.00 - $84,742.00) × 78% = $27,820.26

The expected increase in profit the company can make, compared to next year, if the new laptop is released and a competitive device enters the market = ($29,698.00 - $59,396.00)×0.22 = ($6,533.56) loss

Therefore, to maximize the expected profit over the next year, the president should release the new laptop now to make an expected profit of $27,820.26 over the next year.


Related Questions

(PLEASE HELP)
Which value of x makes this equation true
-90=-100+x

Answers

Answer:

-0.9

Step-by-step explanation:

-0.9 × 100 = -90

answer : -90 = -100+x → x = 10

explanation : to solve for x, you are simplifying both sides of the equation, then isolating the variable.

step 1 : move the variable to the left-hand side and change its sign.

ex : -90-x = -100

step 2 : move the constant to the right-hand side and change its sign.

ex : -x = -100+90

step 3 : calculate the sum

ex : -x = -10

step 4 : change the signs on both sides of the equation

ex : x = 10

solution : x=10

hope this helps !

- audrey ♡

Someone please help me I’ll give out brainliest please dont answer if you don’t know

Answers

Answer:

If you are looking for x your answer will be x=2

Below. What is m∠1?

m∠1 =

Answers

Answer:

m∠1 = 70°

Step-by-step explanation:

Step 1

Sum of angles on a straight line = 180°

Hence:

180° - 101°

= 79°

Sum of interior angles in a triangle = 180°

Therefore,

m∠1 = 180° - (79 ° + 31°)

m∠1 = 180° - 110°

m∠1 = 70°

3 packets of fries cost £4.20
How much does 5 packets of fries cost?
Select one
a. £6.40
b. £6.00
C. £7.00​

Answers

the answer is C, because if you divide 4.20 by 3, you get 1.4, do you can multiply 1.4 by 5 and get 7.00

Answer:

C

Step-by-step explanation:

First, divide £4.20 by 3 to get the price for 1 packet.

4.20/3 = 1.4

5 packets is 5 times that, so multiply 1.4 times 5. You get 7. So 5 packets costs £7.00

Help me out please???

Answers

To answer this question you first have to find angle acb. You’ll take the sum of the triangle and plug it into an equation. 180=65+(4x+5). You combine like terms and then divide the 4 to both sides to get 27.5. Then you do the same thing to find bcd. 180=27.5+9x-5. Which is 17.1667. I hope that helps!

Help me out please???

Answers

First, you know that c and d add up to the same degree so you can solve that bottom triangle. A triangle adds up to 180 degrees and 40+40-180 is 100 which is our missing angle. The two other connecting sides are also equivalent to this new angle(100) which helps you solve the triangle to the right. You take the given angle of A(40) which is equivalent to b and add 100. After you would subtract the sum of the triangle which is 40. For your final answer you would take this new angle and add it to angle d to get your answer 80.

NEED HELP ASAP
there are 16 ounces in 1 pound. Juan is mailing a package that weighs 96 ounces. He wants to know the weights of the package in pounds

Answers

Answer:

Divide, 16.

Step-by-step explanation:

So, lets look at the unit scale.

For every 16 ounces, there are 1 pound.

To convert ounces to pounds, the number must be divide by 16, since there are 16 ounces in one pound.

The first fill in box answer is division.

Next we must ifnd the actual amount of pounds.

We know that the box weights 96 ounces.

Now lets divide this by ounces per pound, and see what we get:

96/16

=

6

So the box weighs 6 pounds.

This is the answer to the second fill in question.

Hope this helps!

Answer: MULTIPLY N AND 16 THE OTHER GUY IS WRONG

Step-by-step explanation:

DID IT ON I-READY

Who listens to NF (Nathan Feuerstein) and enjoys his music?

Write a short paragraph about your favorite song and why you like it. Also include what you think the song means.

I will give Brainliest to the answer I like best and 10 points.

Good luck,
Paul

Answers

Answer: I like NF and can I do it later I’m in class

Step-by-step explanation:

Pythagorean Theorem to solve for x. If the hypnoses is 10 m, and one leg is 6 m. Find the other leg x

Answers

Answer:

The other leg X = 8m

Step-by-step explanation:

As per Pythagorean theorem-

Square of hypotenuse = sum of square of other two sides  of the triangle

Substituting the given values in above equation, we get -

[tex]10^2 = 6^2 + X^2\\100 - 36 = X^2\\X^2 = 64\\X = 8[/tex]m

The other leg X = 8m

Jessie's school has 570 students. Thirty percent of the students are eighth-graders. One-third of eighth-graders walk to school. How many eighth-graders walk to school?

Answers

Answer:

57

Step-by-step explanation:

10% of 570 = 57 (dividing by 10). Times that by 3, which is 171. Now divide 171 by 3, equals 57 (the answer).

median for 61, 61, 62, 64, 66, 69, 70, 72, 73, 74, 78, 78

Answers

Answer:

69.5

Step-by-step explanation:

Okay first, line them up from least to greatest. Luckily, you have already dont that. now start removimg numbers on each side to get the median.

61, 61, 62, 64, 66, 69, 70, 72, 73, 74, 78, 78

61, 62, 64, 66, 69, 70, 72, 73, 74, 78,

62, 64, 66, 69, 70, 72, 73, 74,

, 66, 69, 70, 72,

now you

2,1,4,3,6,5,8,___
plz answer this question and solve ​

Answers

Answer:

2,1,4,3,6,5,8,7

Step-by-step explanation:

Given:

2,1,4,3,6,5,8,___

Pairing the sequence in twos

2,1

4,3

6,5

It can be seen that each pair of the sequence is arranged in descending order (from highest to lowest)

1, 2 is written as 2,1

3, 4 is written as 4,3

5, 6 is written as 6, 5

Then the next two numbers

7, 8 will be written as 8,7

2,1,4,3,6,5,8,7

Kyle bought x candy bars. He paid $0.89, including tax, per candy bar. He gave the cashier $10 and received $3.77 in change. How many candy bars did Kyle purchase?

Answers

Answer:

I think 7

Step-by-step explanation:

Answer:

Without tax, it is 7. How much is the tax?

Step-by-step explanation:

10.00 - 3.77 = 6.23

0.89 x 7 = 6.23

find the measure of the angle indicated for each trapezoid

Answers

Answer:

The trapezoid is a quadrilateral. The 4 angles of a quadrilateral all equal to 360 degrees. Now you know that this is an isosceles trapezoid since the two sides are congruent. [360-(110*2)] / 2= [360-220] / 2= 140/2=70. So the answer is 70 degrees.

Step-by-step explanation:

Determine the volume of a cylinder with 251.20cm2 lateral area and 78.50cm2 base area ​

Answers

Answer:

Answer is 628 cm^3

Step-by-step explanation:

using base area lets find radius

base area=pie*(r)^2

78.50=3.14*r^2

78.50/3.14=r^2

25=r^2

5=r

now using lateral area lets find height

lateral area=2*pie*r*h

251.20=2*3.14*5*h

251.20=31.4*h

251.20/31.4=h

8=h

volume of cylinder=pie*(r)^2*h

=3.14*(5)^2*8

3.14*25*8

=628 cm^3

No link please!! But please help!!

Answers

Given:

The radius of the circle X is XY.

Coordinates of X are (0,3) and coordinates of Y are (-3,-1).

To find:

The area of the circle.

Solution:

Distance formula:

[tex]D=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

The radius of the circle is the distance between the points X(0,3) and Y(-3,-1).

[tex]XY=\sqrt{(-3-0)^2+(-1-3)^2}[/tex]

[tex]XY=\sqrt{(-3)^2+(-4)^2}[/tex]

[tex]XY=\sqrt{9+16}[/tex]

[tex]XY=\sqrt{25}[/tex]

[tex]XY=5[/tex]

The radius of the circle is 5 units.

The area of the circle is:

[tex]A=\pi r^2[/tex]

Where, r is the radius of the circle.

Putting [tex]\pi=3.14, r=5[/tex] in the above formula, we get

[tex]A=(3.14)(5)^2[/tex]

[tex]A=(3.14)(25)[/tex]

[tex]A=78.5[/tex]

Therefore, the area of the circle is 78.5 square units.

The sale price of a bicycle that cost $290 is $261. By what percentage was the price of the bicycle reduced?

Answers

Answer:

again 10%

Step-by-step explanation:

cant let points go to waste

Which expression simplifies to 5v3?

Answers

Answer:

D.

Step-by-step explanation:

Answer:

D. V15

Step-by-step explanation:

A store is selling a couch for $975.00 on a 24-month payment plan. If a down payment of $132.00 is given, and no instrest is charged, how much will a customer have to pay each month

Answers

Answer:

$35.13

Step-by-step explanation:

monthly payment = (cost - down payment) / number of month

(975 - 132) / 24 =

843/24=  35.13

1.) Name two pairs of adjacent angles

Answers

Answer:

DE, BA

Step-by-step explanation:

These two pair of angles meet at the point G, they touch, therefore adjacent.

DE, and BA
Vsgduisisjjsjshsuisis

the Robersons are planning to re-pave their driveway. The length of the driveway is 7 feet longer than the width. The total area of the driveway is 144 ft.² write an equation to represent the dimensions of the driveway. now find the dimensions of the driveway.

Answers

20 length by 7 feet.

What is the scale factor?

Answers

Answer:

I send you a pic

Step-by-step explanation:

is that help?

A letter card is chosen, and a number cube is rolled. Find the
probability of each event.
9. P(A and 5)
11. PJ and less than 3)
13. P(consonant and odd)
14. P(M or T and greater than 3)

Answers

Answer:

9)  1/48

11)  1/24

13)  5/16

14)  1/8

Step-by-step explanation:

9) P(A and 5) = 1/8 × 1/6

11) P(J and LT 3) = 1/8 x 2/6

13) P (consonant and odd) = 5/8 x 1/2

14) P ('M' or 'T' and GT 3) = [(1/8+1/8) × 1/2]  = 2/8 x 1/2

In a local car lot, 1/6

of the cars have standard transmissions. Find the

probability that 3 of 4 randomly-selected cars have standard transmissions.

Answers

Answer: [tex]\dfrac{5}{324}[/tex]

Step-by-step explanation:

Given

Probability that car has a standard transmission is [tex]\frac{1}{6}[/tex]

So, the probability that the car does not have transmission is

[tex]1-\dfrac{1}{6}=\dfrac{5}{6}[/tex]

Probability of that 3 out of 4 randomly selected cars have standard transmissions is given by selecting 3 cars with standard deviation and then multiply by their respective probabilities

[tex]\Rightarrow P=^4C_3\cdot \left(\dfrac{1}{6}\right)^3\cdot \left(\dfrac{5}{6}\right)\\\\\Rightarrow P=4\times\dfrac{5}{6^4}\\\\\Rightarrow P=\dfrac{20}{1296}\\\\\Rightarrow P=\dfrac{5}{324}[/tex]

A hockey bag contains 5 red jerseys, 6 blue jerseys and 7 white jerseys.

What is the probability that Jack picks a white then a blue jersey if he puts the first one back.

Answers

Answer:

7/54

Step-by-step explanation:

A hockey bag contains 5 red jerseys, 6 blue jerseys and 7 white jerseys.

Let the total number of jerseys =

5 red jerseys + 6 blue jerseys 7 white jerseys.

= 18

P(White) = 7/18

P(Blue) = 6/18

Hence, the probability that Jack picks a white then a blue jersey if he puts the first one back.

This is probability with replacement, hence:

7/18 × 6/18

= 7/18 × 1/3

= 7/54

please help !!
Problem A painter is painting a mural on a wall. He has a 20-foot ladder. He needs to work on
a part of the wall that is 16 feet above the ground. How far from the base of the building should
he place the foot of the ladder to make sure that the ladder reaches his work area? Show your
work

Answers

Answer:

The worker should put the ladder 4 feet away from the wall.

SOLVE FOR X ANSWER IN FRACTION FORM I DONT NEED TO SHOW WORK​

Answers

Answer:

[tex]x=\frac{27}{2}\:\text{or}\:13.5[/tex]

Step-by-step explanation:

Both triangles are shown are similar. Therefore, the ratio of their sides will be maintained. We can then set up the following proportion:

[tex]\frac{2}{11}=\frac{3}{3+x},\\2(3+x)=33,\\(3+x)=16.5,\\x=\boxed{13.5\text{ or }\frac{27}{2}}[/tex]

Below. What is m∠1?

m∠1 =

Answers

Answer:

m∠1 = 70°

Step-by-step explanation:

Step 1

Sum of angles on a straight line = 180°

Hence:

180° - 101°

= 79°

Sum of interior angles in a triangle = 180°

Therefore,

m∠1 = 180° - (79 ° + 31°)

m∠1 = 180° - 110°

m∠1 = 70°

Someone please help will mark as brainliest

Answers

Answer:

59 degrees. (A)

Step-by-step explanation:

Corresponding angles are equal.

Answer:

A) 59°

Step-by-step explanation:

Since both lines are parallel to the other line, the angle has to be the exact same as the one shown above it.

The Raptors football team was losing when they got

control of the ball at midfield in the last minute of a

game. They lost 25 yards on the first play they ran. Then

they gained 5 yards on the second play. On the third

play, the Raptors gained 27 yards, and on the fourth

play, they gained 30 yards. What was the position of the

ball relative to its starting point after those four plays?

Answers

Answer:

After those four plays, the Raptors gained 37 yards from the first play.

Step-by-step explanation:

Since the Raptors football team was losing when they got control of the ball at midfield in the last minute of a game, and they lost 25 yards on the first play they ran, but then they gained 5 yards on the second play, while on the third play, the Raptors gained 27 yards, and on the fourth play, they gained 30 yards, to determine what was the position of the ball relative to its starting point after those four plays the following calculation must be performed:

0 - 25 + 5 + 27 + 30 = X

-25 + 5 + 27 + 30 = X

-20 + 27 + 30 = X

7 + 30 = X

37 = X

Therefore, after those four plays, the Raptors gained 37 yards from the first play.

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