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Imagine you are the CEO of a company. While taking the elevator, three individuals pitch their elevator ideas for four new products (each has an idea for a different new product). All four projects sound good. Would you consider all four, or would you select from among them? Explain why you make this decision. How would you rank the projects in order of your preference before going to the Board of Directors and seeking approval to cover the projects?

Imagine you are the CEO of a company. While taking the elevator, three individuals pitch their elevator ideas for four new products (each has an idea for a different new product). All four projects sound good. Would you consider all four, or would you select from among them? Explain why you make this decision. How would you rank the projects in order of your preference before going to the Board of Directors and seeking approval to cover the projects?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Imagine you are the CEO of a company. While taking the elevator, three individuals pitch their elevator ideas for four new products (each has an idea for a different new product). All four projects sound good.

Would you consider all four, or would you select from among them? Explain why you make this decision.

How would you rank the projects in order of your preference before going to the Board of Directors and seeking approval to cover the projects?

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