Sara is planning to start a new designer cloth shop. Her problem is to decide how large her shop should be. The annual returns will depend on both the size of her shop and a number of marketing factors related to the current market conditions and demand for designer wear. After a careful analysis, Sara came up with the following table: Note: a = 8 b = 9c = 5 d = S e =1 and f= 9 Size of Shop Good Market (R.O.) Fair Market (R.O.) Poor market (R.O.) Small Scale 1200 + a 2000 + b 400 +c Medium Scale 1500 + d 3000 +e 1800 +f Large Scale Very Large Scale 2200 + a 3000 + b 2500 +c 3000 + d What will be her decision based on 5000 + e 2000 +f i. Pessimistic approach ii. Optimistic approach iii. Laplace criterion

Sara is planning to start a new designer cloth shop. Her problem is to decide how large her shop should be. The annual returns will depend on both the size of her shop and a number of marketing factors related to the current market conditions and demand for designer wear. After a careful analysis, Sara came up with the following table: Note: a = 8 b = 9c = 5 d = S e =1 and f= 9 Size of Shop Good Market (R.O.) Fair Market (R.O.) Poor market (R.O.) Small Scale 1200 + a 2000 + b 400 +c Medium Scale 1500 + d 3000 +e 1800 +f Large Scale Very Large Scale 2200 + a 3000 + b 2500 +c 3000 + d What will be her decision based on 5000 + e 2000 +f i. Pessimistic approach ii. Optimistic approach iii. Laplace criterion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

A single pass rice mill was tested for 30min. and gave the following results: input paddy 10000 kg, milled rice produced-6,500 kg, broke produce 1500 kg and weight of headrice-2000 kg. Compute the following: (a) Throughput capacity, (b) % Milling recovery, (c) Broken grain, and (d) % Head rice recovery.
Kenya is underdeveloped country. What are the some reason behind it? Explain.
Typed plz please provide me a high quality solution for good rating and take care of plagiarism
Help
What are the Different Techniques to compare multiple alternatives?
B Spreadsheet A bank's mortgage department must process the following six jobs to maximize client satisfaction. Processing Time (days) 14 12 16 11 18 22 Mortgage 1 2 3 4 5 6 55 17 80 22 39 60 What sequencing rule should you use? For the rule you selected, find the best sequence using the Excel Sequencing template. The most appropriate sequence rule is -Select- The best sequence is -Select- ✔ -Select- ✓ -Select- ✓ Due Date -Select- ✓ -Select- ✔ -Select- ✓
M18
typing clear no chatgpt used i will give 5 upvotes i need both answers
Don’t do question 9, just look at the info and chart on question 9 and apply it to question 10 in the next image.
3. If we deposit $5000 in an account that pays 9% per year. Find the amount of simple interest earned during 8 months. a)$3000 b)$300 c)$360 d)$3600
You can earn 10% a year on your savings. Your dad offers you a Holiday Gift of $1000 this year, $2000 next Holiday, $3000 Holiday 2021. If instead he offered you $6,000 Holiday 2020 (next year). Which should you pick, the single payment or the 3 payments. SHOW YOUR WORK Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Based on the data provided here, calculate the items requested: Annual depreciation $ 2,500 Annual mileage 13,800 Current year's loan interest $ 670 Miles per gallon 24 Insurance $ 755 License and registration fees $ 90 Average gasoline price $ 4.00 per gallon Oil changes/repairs $ 520 Parking/tolls $ 520 a. Calculate total annual operating cost of the motor vehicle. b) What is the operating cost per mile?