Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought- activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launche The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology co 10million, whereas the simple technology costs 2million. If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain) O a. The simple voice-activated software b. The complicated thought-activated software c. Neither of the software O O d. Need more information
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought- activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launche The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology co 10million, whereas the simple technology costs 2million. If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain) O a. The simple voice-activated software b. The complicated thought-activated software c. Neither of the software O O d. Need more information
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Use the following information for questions 36-48
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-
activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched.
The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs
10million, whereas the simple technology costs 2million.
If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain)
a. The simple voice-activated software
b. The complicated thought-activated software
c. Neither of the software
O d. Need more information](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3c1b79bd-ec90-48fd-be7a-92b723031db9%2Fad4278fe-e65e-4261-b12a-08acaa1269b9%2Foc8tppw_processed.png&w=3840&q=75)
Transcribed Image Text:Use the following information for questions 36-48
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-
activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched.
The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs
10million, whereas the simple technology costs 2million.
If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain)
a. The simple voice-activated software
b. The complicated thought-activated software
c. Neither of the software
O d. Need more information
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