(b) to subdivide (remodel) the large old home that will become its inn. There are three alternatives: Option A would modernized all baths and combine rooms, leaving the inn with four suites, each suitbale for two to four adults. Option B would modernized only the second floor; the results would be six suites, four for two to four adults, two for two adults only. Option C (the status quo option) leaves all wall intact. In this case, there are eight rooms available, but only two are suitable for four adults, and four rooms will not have private baths. The details of profit and demand patterns that will shows each option are: [Pak Zailan Bed and Breakfast, di sebuah bandar kecil Melaka yang bersejarah, hendak memutuskan bagaimana untuk membahagikan (pembentukan semula) rumah lama yang besar yang akan menjadi tempat penginapannya. Terdapat tiga alternatif: Pilihan A akan memodenkan semua bilik mandi dan menggabungkan bilik, menjadikan empat suite penginapan, setiap satu suite sesuai untuk dua hingga empat orang dewasa. Pilihan B akan dimodenkan hanya di tingkat dua; hasilnya akan menjadi enam suite, empat untuk dua hingga empat orang dewasa, dua untuk dua orang dewasa sahaja. Pilihan C (pilihan status quo) menjadikan semua dinding tetap utuh. Dalam kes ini, terdapat lapan bilik yang tersedia, tetapi hanya dua bilik yang sesuai untuk empat orang dewasa, dan empat bilik tidak akan mempunyai bilik mandi peribadi. Perincian keuntungan dan permintaan yang akan ditunjukkan oleh setiap pilihan adalah:] Pak Zailan Bed and Breakfast, in a small historic Melaka town, must decide how Table 1: Profit and probability information for each alternative [Jadual 1: Maklumat keuntungan dan kebarangkalian setiap alternatif,] Annual Profit Under Various Demand Patterns [Keuntungan tahunan dibawah pelbagai permintaan] Probability ||Kebarangkalian] | /Sederhana| | |Kebarangkalian] Alternatives High [Tinggi] Average Probability [Alternatif] A (modernized all) RM100,000 0.5 RM35,000 0.5 B (modernized 2nd) RM90,000 0.4 RM80,000 0.6 C (status quo) RM70,000 0.3 RM65,000 0.7 i) Compute the expected monetary value (EMV) for all alternatives. [Kirakan nilai wang yang dijangkakan (EMV) unutk semua alternatif.) ii) Analyse which alternatives is the best decision criterion. [Analisa alternatif mana yang merupakan keputusan terbaik.]
(b) to subdivide (remodel) the large old home that will become its inn. There are three alternatives: Option A would modernized all baths and combine rooms, leaving the inn with four suites, each suitbale for two to four adults. Option B would modernized only the second floor; the results would be six suites, four for two to four adults, two for two adults only. Option C (the status quo option) leaves all wall intact. In this case, there are eight rooms available, but only two are suitable for four adults, and four rooms will not have private baths. The details of profit and demand patterns that will shows each option are: [Pak Zailan Bed and Breakfast, di sebuah bandar kecil Melaka yang bersejarah, hendak memutuskan bagaimana untuk membahagikan (pembentukan semula) rumah lama yang besar yang akan menjadi tempat penginapannya. Terdapat tiga alternatif: Pilihan A akan memodenkan semua bilik mandi dan menggabungkan bilik, menjadikan empat suite penginapan, setiap satu suite sesuai untuk dua hingga empat orang dewasa. Pilihan B akan dimodenkan hanya di tingkat dua; hasilnya akan menjadi enam suite, empat untuk dua hingga empat orang dewasa, dua untuk dua orang dewasa sahaja. Pilihan C (pilihan status quo) menjadikan semua dinding tetap utuh. Dalam kes ini, terdapat lapan bilik yang tersedia, tetapi hanya dua bilik yang sesuai untuk empat orang dewasa, dan empat bilik tidak akan mempunyai bilik mandi peribadi. Perincian keuntungan dan permintaan yang akan ditunjukkan oleh setiap pilihan adalah:] Pak Zailan Bed and Breakfast, in a small historic Melaka town, must decide how Table 1: Profit and probability information for each alternative [Jadual 1: Maklumat keuntungan dan kebarangkalian setiap alternatif,] Annual Profit Under Various Demand Patterns [Keuntungan tahunan dibawah pelbagai permintaan] Probability ||Kebarangkalian] | /Sederhana| | |Kebarangkalian] Alternatives High [Tinggi] Average Probability [Alternatif] A (modernized all) RM100,000 0.5 RM35,000 0.5 B (modernized 2nd) RM90,000 0.4 RM80,000 0.6 C (status quo) RM70,000 0.3 RM65,000 0.7 i) Compute the expected monetary value (EMV) for all alternatives. [Kirakan nilai wang yang dijangkakan (EMV) unutk semua alternatif.) ii) Analyse which alternatives is the best decision criterion. [Analisa alternatif mana yang merupakan keputusan terbaik.]
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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