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

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]

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.

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

Which expression simplifies to 5v3?

Answers

Answer:

D.

Step-by-step explanation:

Answer:

D. V15

Step-by-step explanation:

What is the scale factor?

Answers

Answer:

I send you a pic

Step-by-step explanation:

is that help?

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

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.

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.

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).

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.

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

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

(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 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.

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°

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°

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

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

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

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

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

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:

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

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

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!

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]

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

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.

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:

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

Other Questions
A chemistry student weighs out 0.021 kg of an unknown solid compound X and adds it to 650. mL of distilled water at 30. 0C. After 10 minutes of stirring, all of the X has dissolved. Just to be sure, the student adds a further 11. mg of X to the solution, and it, too, dissolves. Using only the information above, can you calculate the solubility of X in water at 30. 0C? 36) Which is the BEST example of how computers and the internet can affect businessproductivity and worker efficiency?A) A company is forced to install security software to defend against hackers.B) A worker at a fast-food restaurant uses less sick days because they can surf the web on their scheduled breaks.C) A businesswoman is able to use internet conferencing with clients instead of havingto travel to the meeting in person.D) A trucking company is able to run background checks on their employees to makesure they have a history of safe driving. Este texto trata de una iniciativa puertorriquea para mejorar el medio ambiente. El artculo original fue publicado el 4 de octubre de 2014 en Chile por el diario chileno La Tercera. Puerto Rico recicla tan slo un 11.3 por ciento de sus desperdicios slidosCul es la funcin del cuarto prrafo del artculo: A su juicio, es evidente... sistemas de recogida adecuados?A) Explicar una experiencia personalB) Presentar las verdaderas causas del problemaC) Detallar el tipo de residuo generadoD) Sealar la responsabilidad de la Junta de Calidad Ambiental Difference between a multiple choice and Multiple response can somebody draw this please.? Which sentence supports the author's position that The Pressure Cooker" personalityis not the best type in Passage 2?A "In these times, you can be extremely focused and shut out the rest of the world inorder to get done what needs to be done." (paragraph 17)B "You sometimes use your ability to work under pressure as an excuse toprocrastinate. (paragraph 18)C "Sure, you can really focus when the deadline is tomorrow, but is it really the bestwork you could produce if you had a couple of days of cushion?" (paragraph 18)D "You'll find that it's actually a lot more enjoyable to not be stressed out whencompleting schoolwork." (paragraph 19) Need answer please to number 16 please 100!!!!! points to who ever can give me the best answer and not copy write 1. Air pollution is a growing environmental concern. a.) Summarize where air pollution can be found. b.) What forms can air pollution take?c.) Can all air pollution be prevented? Provide examples to support your answer. Colton has a stone paperweight composed of a triangular pyramid on top of a triangularprism with the dimensions shown below. Use the drop-down menus to explain how todetermine the volume of the paperweight. What country dethroned Spain as the most powerful European country? A patient who was in a car accident has lost their sense of smell. Which part of the brain is likely injured?A. brain stemB. cerebrumC. cerebellumD. medulla A mens health magazine would like to conduct a survey using a simple random sample of 900 men who practice yoga. One of the goals of the survey is to create a confidence interval to estimate the proportion of all men practicing yoga who report low stress levels. Since the intended survey method requires face-to-face interaction, some of the magazine executives are concerned about the cost of the survey and suggest sampling a smaller group of 100 men instead of 900 men. Assuming the sample proportion doesnt change, which of the following best describes the anticipated effect on the width of the confidence interval if the magazine were to survey a random sample of 100 men who practice yoga, rather than 900 men? A) The width of the interval based on 100 men would be about nine times the width of the interval based on 900 men. B) The width of the interval based on 100 men would be about three times the width of the interval based on 900 men. C) The width of the interval based on 100 men would be about the same width as the interval based on 900 men. D) The width of the interval based on 100 men would be about one-third the width of the interval based on 900 men. E) The width of the interval based on 100 men would be about one-ninth the width of the interval based on 900 men. PD1 Kap9 My Portfolio CEx. 8-13 p. 188 and 1892.358 SatzakzentWhere is the stress? Listen. Underline the stress and then repeat the sentence.1. die Antworten ergnzt die Antworten Ihr ergnzt die Antworten.2. den Dialog ben den DialogWir ben den Dialog.3. den Akkusativ. lernen den Akkusativ. Die Schler lernen den Akkusativ.4. den Satzschreibt den SatzDie Lohrerin schreibt den Satz.5, das Liedhren das LiedWir hren das Lied6. den Textlesen den TextDie Schler lesen den TextPlay the audio track then type out the sentence and UNDERLINE the parts that arestressed like in example 1.1.2. 17. A place where two tectonic plates collide is called a ______ boundary and is often associated with _____ faults. During the current year, Comma Co. had outstanding: 25,000 shares of common stock; 8,000 shares of $20 par, 10% cumulative preferred stock; and 3,000 bonds that are $1,000 par and 9% convertible. The bonds were originally issued at par, and each bond was convertible into 30 shares of common stock. During the year, net income was $200,000, no dividends were declared, and the tax rate was 30%. What amount was Comma's basic earnings per share for the current year?a. $7.55 b. $7.36 c. $8.00 d. $3.38 Venus is approximately 6.7 107 miles from the Sun. If the speed of light is approximately 1.86 105 miles per second, about how many seconds does it take light from the Sun to reach Venus?Can someone help me....??? Thank you so much if you help me! Which equation can be used to find the area of a rectangle Lab: Interdependence of OrganismsInterdependence Of OrganismsQuestion Being Answered: How can the presence of one species benefit another in the same ecosystem?Hypothesis:If plants grow in soil that contains worms the plants growth will be greater because worms are able to help decompose organic matter and help distribute it through the soil in a form plants are able to use.Process Of Lab:In this lab you will grow two different groups of plants. Group A is considered the experimental group which will grow in soil with worms, Group B is considered the control group which will grow in soil without worms. After the plants grow you have to measure the plant growth for both groups and compare them. Independent & DependentIndependent Variable: Presence Of WormsDependent Variable: Plant Growth Safety ProcedureBe sure to follow the safety procedure which means to Wear safety goggles and lab gown while doing the experiment Keep lab behavior purposeful Look over the soil contents and make sure to follow warnings provided on any equipmentWash hands and lab equipment once done with experimentTreat living organisms with respect and provide proper careReport any accidents that happen in the lab to your teacherLab ProcedureStep 1: Gather MaterialsTwo trays that are 10 cm 4 deep Potting soilLima bean seeds which need to be soaked overnightLocation with sunlight or growth lightsWormsGraduated cylinderWaterBlack markerRuler with metric markings Step 2: Prepare Two Trays Of Lima Bean Plants Label the trays Control Group and Experimental GroupAdd approximately 6-7 cm of soil to each trayPlant 6 lima bean seeds in each tray being 2 cm deep and label the plants 1-6 Step 3: Give The Plants Water And Light During Sprouting TimeKeep the environments for both groups identical Water all the plants following the watering schedule that was recommended on the seed packaging Use the graduated cylinder to ensure the same amount of water is being given to both groups Make sure all plants get the same amount of light Step 4: Measure The Heights Of The Plants At The End Of Week 1Measure the height of all twelve plants to the nearest cm. If a plant dies mark an x on the data table for that plant and write it in your notesUse a calculator to find the average heights of the living plants in each groupsCalculate the difference in those average heights by subtracting the average height of the plants in the control group. Use this difference as a basis for comparisonRecord measurement observations in your notes and the health of the plants such as leaf colors and size, wilting, unusual growth, brown spots, and any other marks you see Step 5: Add Six Worms To The Soil Of The Experimental Group Of PlantsWrite descriptive notes about the condition of the worms in your notes Step 6: Measure The Heights Of The Plants At The End Of The Week 3Repeat step 4 Step 7: Measure The Heights Of The Plants At The End Of Week 5Repeat step 4 Step 8: Check The Health Of The Worms At The End Of The StudyAre the worms still alive?Do they all seem healthy?Have they changed in any way? If so list the ways changedAre there any new wormsBe sure to write descriptive notes about their conditions in your notes Step 9: Dispose Of All Material According To The Directions From Your TeacherWeek 1 (Before Adding Worms)Week 3Week 5 Plant 110cm22cm49cmPlant 29cm23cm47cmPlant 38cm20cm49cmPlant 49cm22cm50cmPlant 510cm22cm47cmPlant 68cm23cm52cmControl Group Average9cm22cm49cmPlant 18cm24cm50cmPlant 29cm28cm60cmPlant 38cm26cm49cmPlant 48cm25cm53cmPlant 58cm27cm58cmPlant 67cm26cm60cmExperimental Group Average8cm26cm55cmDifference In Average Heights-1cm4cm6cmTable answers go from left to right in the order I put what times twelve is exactly 30the answer is most likely a mixed number solve the inequality for x2x+5