In Example 9.2, Acmes probability of technological success, 0.8, is evidently large enough to make continue development

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In Example 9.2, Acme’s probability of technological success, 0.8, is evidently large enough to make “continue development” the best decision. How low would this probability have to be to make the opposite decision best?

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Practical Management Science

ISBN: 978-1305250901

5th edition

Authors: Wayne L. Winston, Christian Albright

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Question Posted: Aug 13, 2020 03:35 AM

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In Example 9.2, Acmes probability of technological success, 0.8, is evidently large enough to make continue development

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Practical Management Science

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