Question: Abus company has to choose between two different buses for future purchase and inclusion in the carrier. The first buscan accommodate 50 passengers consuming 100gations

Abus company has to choose between two different
Abus company has to choose between two different
Abus company has to choose between two different buses for future purchase and inclusion in the carrier. The first buscan accommodate 50 passengers consuming 100gations of operat The probability of doing good business is 07 and the probability of doing bad business is 03 with this bus selection The other buscan accommodate 60 passengers consuming 120 golons of fol per vete probabilities of good and bad business are 06 and 04, respectively, with the second bus selection The company charges $10 per passenger and spends 55 per galon and $500 for operating a bit for bon the buses. The good business implies 2,000 passengers travelling in a specific time frame while 1200 passengers would choose the company during a bad business Sol Assuming that the footuses cod are comparable, which choice will deleted more HT 2, PART-11 A bus company has to choose between two different buses for future purchase and inclusion in the carrier. The first bus can accommodate 50 passengers consuming 100 gallons of fuel per visit. The probability of doing good business is 0.7 and the probability of doing bad business is 0.3 with this bus selection. The other bus can accommodate 60 passengers consuming 120 gallons of fuel per visit. The probabilities of good and bad business are 0.6 and 0.4, respectively, with the second bus selection. The company charges $10 per passenger and spends $5 per gallon and $500 for operating a visit for both the buses. The good business implies 2,000 passengers travelling in a specific time frame while 1200 passengers would choose the company during a bad business spell. Assuming that the two buses costs are comparable, which choice will produce a higher expected monetary value EMV? Write each and every step in making tree diagram. Please write your answer in text box immediately and upload your Abus company has to choose between two different buses for future purchase and inclusion in the carrier. The first buscan accommodate 50 passengers consuming 100gations of operat The probability of doing good business is 07 and the probability of doing bad business is 03 with this bus selection The other buscan accommodate 60 passengers consuming 120 golons of fol per vete probabilities of good and bad business are 06 and 04, respectively, with the second bus selection The company charges $10 per passenger and spends 55 per galon and $500 for operating a bit for bon the buses. The good business implies 2,000 passengers travelling in a specific time frame while 1200 passengers would choose the company during a bad business Sol Assuming that the footuses cod are comparable, which choice will deleted more HT 2, PART-11 A bus company has to choose between two different buses for future purchase and inclusion in the carrier. The first bus can accommodate 50 passengers consuming 100 gallons of fuel per visit. The probability of doing good business is 0.7 and the probability of doing bad business is 0.3 with this bus selection. The other bus can accommodate 60 passengers consuming 120 gallons of fuel per visit. The probabilities of good and bad business are 0.6 and 0.4, respectively, with the second bus selection. The company charges $10 per passenger and spends $5 per gallon and $500 for operating a visit for both the buses. The good business implies 2,000 passengers travelling in a specific time frame while 1200 passengers would choose the company during a bad business spell. Assuming that the two buses costs are comparable, which choice will produce a higher expected monetary value EMV? Write each and every step in making tree diagram. Please write your answer in text box immediately and upload your

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