B Cost Mileage Allowance Average Usage 36,000 miles Option 1 $330(36) Option 2 $380(36) Option 3 $430(36) Probability 0 4 Answer is option 2 with EMV of 14,355 EMV 45,000 miles 330(36) 9,000(0 35) 14950 11800 380(36) 15480 430(36) 0 3 54,000 miles 330(360) 18,000(0 35) 15,030 380(36) 9,000(0 25) 1...

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B] Cost Mileage Allowance Average Usage 36,000 miles Option 1 $330(36) Option 2 $380(36) Option 3...

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Quantitative Analysis for Management

ISBN: 978-0132149112

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Authors: Barry render, Ralph m. stair, Michael e. Hanna

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B] Cost Mileage Allowance Average Usage 36,000 miles Option 1 $330(36) Option 2 $380(36) Option 3...

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Quantitative Analysis for Management

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