Haji Ismail Company is going to introduce one of the three new products: keropok, satay, and chips. As the market conditions (favorable, stable or unfavorable) tend to affect the payoffs of the products. Table 1: Condition of payoffs of Ahmad Company Favorable Stable Product 18,000 Keropok Satay 2,000 Chips 10,000 -6,000 What the objective that can be derived from the given situation? 12,000 9,000 11,000 Unfavorable 7,000 -5,000
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- A franchise operation that sells frozen custardintends to open one or more new stores in amedium-sized metropolitan area. Three sitesare under consideration. Each site hassomewhat different projected profitcontribution and different supervisionrequirements. The first site has an estimateddaily profit of $200 and a weekly supervisionrequirement of 48 hours; the second site has aprojected profit of $100 per day and a weeklysupervision requirement of 30 hours; and thethird site has an estimated daily profit of $150and a weekly supervision requirement of 20hours. The firm will have 65 hours available forper week for supervision.Use Excel to determine which site or sitesshould be selected in order to obtain thehighest projected daily profit?Mahmud owns a company, Premium Glassware Private Limited (PGP), in Penang. PGP is manufacturing a wide range of glassware products for the local and international markets. He started the business in 2015 with ten employees. The Human Resource officer, Farah had registered all her employees with the EPF Board. Usually, Farah will deduct the employee’s salary every month and the details of the employee’s contribution will be stated in each employee’s pay slip. In January 2019, Yusuf, one of the PGP employees applied to the EPF Board to withdraw some amount from the EPF account for purchasing a house. The EPF Board then checked and approved the withdrawal of RM30,000. Yusuf nevertheless has changed his mind and handed over the amount withdrawn to his wife, Muna, to run an online business. In 2020 when the country was hit by Covid-19, Ramli, another worker of PGP began to have financial problem. Recently, Ramli would like to withdraw his savings from the EPF account through i-Sinar scheme…Mr. Mohammed is the owner and the Manager of Big Fried Chicken LLC in Muscat; his company made a total revenue of 300,000 OMR in 2020. The total expenses is 320,000 OMR in the same year. How much will be his profit/loss for the year 2020? a. Loss of 620,000 OMR b. Profit of 620,000 OMR c. Loss of 20,000 OMR d. Profit of 20,000 OMR
- PT ABC is responsible for planning and organizing sales management training program for the year of 2009. The planning for the event can be described with the table below Event Predecessor Event a (Optimistic) m (normal) b (pessimistic) A - 1.5 2.0 2.5 B A 2.0 2.5 6.0 C - 1.0 2.0 3.0 D C 1.5 2.0 2.5 E B;D 0.5 1.0 1.5 F E 1.0 2.0 3.0 G B;D 3.0 3.5 7.0 H G 3.0 4.0 5.0 I F;H 1.5 2.0 2.5 Questions : A) Specify the PERT Network for this project B) Specify the critical event and critical timeJohn and Jane Darling are newlyweds trying to decide amongseveral available rentals. Alternatives were scored on a scaleof 1 to 5 (5 = best) against weighted performance criteria,as shown in Table 13.7. The criteria included rent, proximity to work and recreational opportunities, security, and otherneighborhood characteristics associated with the couple’svalues and lifestyle. Alternative A is an apartment, B is abungalow, C is a condo, and D is a downstairs apartment inJane’s parents’ home.Which location is indicated by the preference matrix? Whatqualitative factors might cause this preference to change?1. George wishes to determine which of four investment strategies to use, given the payoff table here showing his annual returns (in thousands of shillings). The final outcome depends on what the government does in its upcoming tax bill. StrategyTaxes Go UpGo DownNo Change 1-255030 2-224030 3403550 4374050 a. Which investment strategy should James use if he is pessimistic regarding the future? b. Which investment strategy should James use of he is optimistic regarding the future? c. Which investment strategy should James use if he uses the Minimax Regret criterion? 2. Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.Model A180176184181190137 Model B195194190192187185187 Will you conclude that Model A and Model B have the same productivity? 3. How large a sample should be selected to provide a 95% confidence interval with a margin of error…
- Problem 3: A group of doctors is considering the construction of a private clinic. IF the medical demand is high (favorable market for the clinic), the physicians could realize a profit of P1,000,000. If the market is not favorable they could lose P400,000. If they don’t proceed at all, there is no cost. In the absence of any market research, the best the physician can guess is that there is a 50-50 chance the clinic will be successful. Required: Construct a decision tree to help analyze this problem. What should the doctors do? Problem 4: Continuing with problem 3, a firm open to conduct a market research involving the proposed venture and using analytical tools can give an accurate information, thus gave the following info: Probability of a favorable market given a favorable study is 0.82 Probability of an unfavorable market given a favorable study is 0.18 Probability of a favorable market given an unfavorable study is 0.11 Probability…Problem 17 page 552The chancellor of a small regional college is concernedabout the declining freshman enrollment at his college. A number of factors have contributed to the decline, butthe chancellor believes it is directly related to annualtuition increases. He has collected the following data forthe past 8 years.year FreshmanEnrollmentAnnualTuition (In USdollars)1 6,550 32,0002 6,230 37,0003 5,980 45,2004 5,540 45,7005 4,960 46,2006 4,630 46,7007 4,520 52,2008 4,220 57,700a Develop a linear regression equation for forecastingfreshman enrollment as a function of the annual tuition.b Forecast freshman enrollment if the annual tuitionincreases by US$9,000 in Year 9.c Evaluate the "goodness of fit" of the regressionequation by computing the values of R2, r, and Syx and interpret the results.4. Transrail is bidding on a project that it figures will cost $400,000 to perform. Using a 25% markup, it will charge $500,000, netting a profit of $100,000. However, it has been learned that another company, Rail Freight, is also considering bidding on the project. If Rail Freight does submit a bid, it figures to be a bid about $470,000. Transrail really wants this project and is considering a bid with only a 15% markup to $460,000 to ensure winning regardless of whether or not Rail Freight submits a bid. a. Prepare a profit payoff table from Transrail’s point of view. (6 points) b. For this payoff table find Transrail’s optimal decision using (1) the pessimistic approach, (2) the optimistic approach, and (3) minimax regret approach. (10 points) c. If Rail Freight is known to submit bids on only 25% of the projects it considers, what decision should Transrail make? (5 points) d. Given the information in (c), what is EVPI? (5 points)
- 14. Stephanie, the supply chain analyst of Nestle is asked to present an expansion plan for thecompany. The plan is either to construct a plant, open a distribution center, or do nothing. Fromthe plant construction, the company will gain 80,000Php if the market turns favorable, loss of10,000 if average, and loss of 50,000 if unfavorable. From opening a distribution center, thecompany will gain 40,000Php if favorable, gain 20,000Php if average, and loss of 30,000Php ifunfavorable. And if the decision is do nothing, the company will gain nothing regardless of themarket turnout. Then, he was able to determine further the probability of occurrence of eachtype of market. The probability of occurrence is 60%, 25%, and 40%, respectively. He also foundout that he can buy the information on what will really happen to the market for 2,000Php.a. What should be the analyst’s decision?b. How much gain or loss will he expect for the company?c. Should he buy the perfect information? Why or why not?d.…Assignment 1 Adom Ltd, is a private company in Ghana operating in the manufacturing sec Below is a Statement of financial position and a summarized statement of income with comparatives for the year ended 31stDecember 2019. Statement of Financial Position as at 31 December 2019: Non-Current Assets 2019 2018 GH¢ GH¢ Property, Plant & Equipment 200,000 250,000 Research & Development 40,000 - 240,000 250,000 Current Assets Available For Sale Investments 12,000 20,000 Inventory 70,000 45,000 Trade Receivables 30,000 23,000 Cash and Cash equivalents 18,000 17,000 130,000 105,000 370,000 355,000 Equity Equity Share Capital(GH¢1 per Share) 150,000 100,000 10%PreferenceShareCapital 50,000 50,000 Retained Earnings 60,000 55,000 260,000 205,000 Non-Current Liabilities 10% Loan Note 50,000 90,000 12%…Manager Cafe "Blue Sky" is considering investing 2 (two) projects. Project X is an investment of $ 75,000 to replace a working but outdated cooling equipment. Project Y is a $ 150,000 investment to expand the dining facilities. Relevant cash flow data for the two projects over the expected 2 years are as follows: Project X Year 1 Year 2 Probability Cash Flow Probability Cash Flow 0.16 $0 0.08 $0 0.66 $50000 0.82 $50000 0.18 $100000 0.10 $100000 Project Y Year 1 Year 2 Probability Cash Flow Probability Cash Flow 0.50 $0 0.13 $0 0.50 $200000 0.74 $100000 0.13 $200000 Calculate: Expected value, standard deviation, and coefficient of variation for cash flows from each project. Compute: Risk-adjusted NPV for each project using a cost of capital of 15% for riskier projects, and 12% cost of capital for less risky projects. Which project is more…