Use PrecisionTrees Sensitivity Analysis tools to perform the sensitivity analysis requested in problem 5 of the previous
Question:
Use PrecisionTree’s Sensitivity Analysis tools to perform the sensitivity analysis requested in problem 5 of the previous section. (Watch the Step 5 video in Figure 9.10 if necessary.)
Figure 9.10
Transcribed Image Text:
A B E G. H 1 Bidding for a government contract 2 3 click the following buttons in the order shown to see videos of the steps in the analysis: 4 Step 1 Plan Decision Tree Step 2 Build Skeleton Step 3 Enter Values and Step 4 Examine Optimal Strategy Step 5 Perform Sensitivity Analysis 5 Read PDF Instructions More PrecisionTree 6. Examples Model of Tree Probabilities 7 8 Known inputs Cost of placing a bid 9 10 $7,500 Cost of completing project Probability of any competing bid(s 11 $150,000 12 75% 13 Probability distribution of low competitor bid (if any) Probability Assuming at least one competitor bid.. Our bid $160,000 14 Value Probability of winning 15 16 Less than $160,000 20% 80% 17 Between $160,000 and $170,000 40% $170,000 40% 18 Between $170,000 and $180,000 30% $180,000 10% 19 Greater than $180,000 10%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
ANSWER To perform sensitivity analysis using PrecisionTree you can follow the steps below St...View the full answer
Answered By
Aketch Cindy Sunday
I am a certified tutor with over two years of experience tutoring . I have a passion for helping students learn and grow, and I firmly believe that every student has the potential to be successful. I have a wide range of experience working with students of all ages and abilities, and I am confident that I can help students succeed in school.
I have experience working with students who have a wide range of abilities. I have also worked with gifted and talented students, and I am familiar with a variety of enrichment and acceleration strategies.
I am a patient and supportive tutor who is dedicated to helping my students reach their full potential. Thank you for your time and consideration.
0.00
0 Reviews
10+ Question Solved
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Question Posted:
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Business questions
-
How do you perform a sensitivity analysis of an investment proposal, and what is its purpose? Contrast the use of scenario analysis with that of simulation analysis.
-
Sensitivity analysis involves changing one variable at a time in a capital budgeting situation and seeing how NPV changes. Perform sensitivity analysis on the each of the following variables from...
-
Sensitivity analysis Sensitivity analysis is an important component of any budgeting exercise. Which estimates do you think will be most crucial in developing a master budget? Why?
-
Find the maximum value of (x, y, z) = x a y b z c for x, y, z 0 on the unit sphere, where a, b, c > 0 are constants.
-
(a) Find A-1 and use it to solve the three systems Ax = b1, Ax = b2, and Ax = h3. (b) Solve all three systems at the same time by row reducing the augmented matrix [A| b1 b2 b3] using Gauss-Jordan...
-
Multiple Choice Question In the Blank______ method, used only 10 percent of the time, product sales are the basis for the advertising and promotions budget. Multiple choice question....
-
\(\left(\frac{a}{2 b} ight)^{5}\) Simplify the expression.
-
A recent study of inflationary expectations has revealed that the consensus among economic forecasters yields the following average annual rates of inflation expected over the periods noted. (Note:...
-
Please, help me solve it with explanations: Cullumber Inc. issues $3,000,000, 5-year, 8% bonds at 102, with interest payable annually on January 1. The straight-line method is used to amortize bond...
-
The Bigco pension plan has invested in dozens of VC funds. The director of the pension plan is preparing his annual report to the Bigco board of directors. Summary information for Bigcos VC portfolio...
-
For the decision problem in Figure 9.1, use data tables to perform the following sensitivity analyses. The goal in each is to see whether decision 1 continues to have the largest EMV. In each part,...
-
Use PrecisionTree to solve problem 7 of the previous section. Problem 7 Sometimes a "single-stage" decision can be broken down into a sequence of decisions, with no uncertainty resolved between these...
-
In problem, determine algebraically whether each function is even, odd, or neither. f(x) = x + |x|
-
Payback period is the period a company needs to recover its initial investment. A company needs to purchase an equipment and they are analyzing two options. 1. Equipment Alpha costs $180,000 and will...
-
What are the systemic factors contributing to role conflict in organizations undergoing significant transformation or restructuring, and how can advanced change management practices help minimize the...
-
On November 27, the board of directors of Larkspur Company declared a $0.40 per share dividend. The dividend is payable to shareholders of record on December 7 on December 24. Larkspur has 25,300...
-
You overhear two colleagues discussing whether to vote in favor of a change to your company's policy regarding in house dating. Mary proposed the change to the policy and Tom is against the change....
-
A woman takes her dog Rover for a walk on a leash. To get the little pooch moving forward, she pulls on the leash with a force of 24.0 N at an angle of 38.0 above the horizontal. For related...
-
Osteocytes residing in lacunae of osteons of healthy compact bone are located quite a distance from the blood vessels in the central canals, yet they are well nourished. How can this be explained?
-
Difference between truncate & delete
-
Refer to Samsungs most recent balance sheet in Appendix A. Identify and list its nine current assets.
-
Refer to Googles most recent balance sheet in Appendix A. Identify the eight accounts listed as current liabilities.
-
Cal Consulting initially records prepaid and unearned items in income statement accounts. Given this companys accounting practices, which of the following applies to the preparation of adjusting...
-
Which group is incorrectly paired with its description? (A) diatomsimportant producers in aquatic communities (B) red algaeeukaryotes that acquired plastids by secondary endosymbiosis (C)...
-
QUESTION 17 Select the phrase that correctly completes the following statement. "A decrease in the number of manufacturers caused a decrease in the supply of sailboats. As a result, O the price of...
-
52.0 68.0 52.0 68.0 (a) How many of the 75% confidence intervals constructed from the 20 samples contain the population mean, =60? (b) How many of the 95% confidence intervals constructed from the 20...
Study smarter with the SolutionInn App