A Concise Intro To Logic
A Concise Intro To Logic
12th Edition
ISBN: 9781305147775
Author: Hurley
Publisher: Cengage
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Monica Britt has enjoyed sailing small boats since she was 7 years old, when her mother started sailing with her. Today, Monica is considering the possibility of starting a company to produce small sailboats for the recreational market. Unlike other mass-produced sailboats, however, these boats will be made specifically for children between the ages of 10 and 15. The boats will be of the highest quality and extremely stable, and the sail size will be reduced to prevent problems of capsizing. Her basic decision is whether to build a large manufacturing facility, a small manufacturing facility, or no facility at all. With a favourable market, Monica can expect to make R90,000 from the large facility or R60,000 from the smaller facility. If the market is unfavourable, however, Monica estimates that she would lose R30,000 with a large facility and she would lose only R20,000 with the small facility. Because of the expense involved in developing the initial moulds and acquiring the…
See the answer A local movie studio wants to determine which of two new scripts they should select for their next major production. The manager feels that script #1 has a 70% chance of earning Php100 million over the long run, but a 30% chance of losing Php20 million. If this movie is successful, then a sequel could also be produced, with an 80% chance of earning Php50 million, but a 20% chance of losing Php10 million. On the other hand, she feels that script #2 has a 60 % chance of earning Php120 million, but a 40% chance of losing Php30 million. If successful, its sequel would have a 50% chance of earning $80 million and a 50% chance of losing Php40 million. As with the first script, if the original movie is a "flop," then no sequel would be produced. What is the expected payoff from selecting script #2?
9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: *         A.to avoid responsibility for the message       B.to improve future performance on the part of the sender       C.to avoid adding a personal message to the recipient       D.to gain control of the context of the message       E.to minimize damage to the business relationship
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    Gotham City has 10,000 streetlights. City investigatorshave determined that at any given time, an average of 1,000lights are burned out. A streetlight burns out after an averageof 100 days of use. The city has hired Mafia, Inc., to replaceburned-out lamps. Mafia, Inc.’s contract states that thecompany is supposed to replace a burned-out street lamp inan average of 7 days. Do you think that Mafia, Inc. is livingup to the contract?
    I want to answer to solve ㅠㅠㅠㅠ.   Q1. A builder has located a piece of property that she would like to but and eventually build on. The land is currently zoned for four homes per acre, but she is planning to request new zoning. What she builds depends on approval of zoning requests and your analysis of this problem to advise her. With her input and your help, the decision process has been reduced to the following costs, alternatives, and probabilities Cost of land $2 MillionProbability of rezoning .6If the land is rezoned, there will be additional costs for new roads, lighting, and so on of $1 million. If the land is rezoned, the contractor must decide whether to build a shopping center or 1,500 apartments that the tentative plan shows would be possible. If she builds a shopping center, there is a 70% chance that she can sell the shopping center to a large department store chin for $4 million over her construction cost, which excludes the land; and there is a 30% chance that she can…
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    A manager is quite concerned about the recent deterioration of a section of the roof on a building that houses her firm's computer operations. According to her assistant, there are three options which merit consideration: A, B, and C. Moreover, there are three possible future conditions that must be included in the analysis: I, which has a probability of occurrence of .5; II, which has a probability of .3; and III, which has a probability of .2.If condition I materializes, A will cost USD 12,000, B will cost USD 20,000, and C will cost USD 16,000. If condition II materializes, the costs will be USD 15,000 for A, USD 18,000 for B, and USD 14,000 for C. If condition III materializes, the costs will be USD 10,000 for A, USD 15,000 for B, and USD 19,000 for C._____ alternative will yield the most profit_____ is the profit for the said alternative
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  • Sarah Chang is the owner of a small electronics company. In six months, a proposal is due for an electronic timing system for the next Olympic Games. For several years, Chang’s company has been developing a new microprocessor, a critical component in a timing system that would be superior to any product currently on the market. However, progress in research and development has been slow, and Chang is unsure whether her staff can produce the microprocessor in time. If they succeed in developing the microprocessor (probability p1), there is an excellent chance (probability p2) that Chang’s company will win the $1 million Olympic contract. If they do not, there is a small chance (probability p3) that she will still be able to win the same contract with an alternative but inferior timing system that has already been developed. If she continues the project, Chang must invest $200,000 in research and development. In addition, making a proposal (which she will decide whether to do after…
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