Question: dear professors can you help my operations management question? O comun determine whether or not to forol in the South China Sea. It costs $70.000
dear professors can you help my operations management question?
O comun determine whether or not to forol in the South China Sea. It costs $70.000 to do for oil. Wolls found. The revenue bestimated to be $100.00 ADD believe there is a 155 chance that the field contains all Before ring. Olce can hire for $25.000) a geologist to obtain more formation about thood to contain ol. There is a B0% chance that the geologist will be a favorable report and a 20% chance of an unfavorable report Glven a favorable partono that the field contains all Given an unfavorable report there is a 15% chance that the told contains of Determine the optimal rate. The spected from on What the brpected value of Perfect information (EVPU (5 pts Select one: OG EVP = $30.500 O DEVP1-555.000 O CEP 354000 PE548.000 O co must determine whether or not to foron the South China Search STO DOO to fool fol found the revine stimated to be 100.000 Afrin Oko believes there is a 45chance to the field contain Batore di Olico con for $35.000 a golog to obtain more information about the hood more on contin There is a chance that the googht we foreport onda 20 chance of an interable report. Given a loro report on the that the field control Controle recorre 15 chance that he told come the optimo ato the expected contention What is the Expected one of some formation IV a $41.000 O comun determine whether or not to forol in the South China Sea. It costs $70.000 to do for oil. Wolls found. The revenue bestimated to be $100.00 ADD believe there is a 155 chance that the field contains all Before ring. Olce can hire for $25.000) a geologist to obtain more formation about thood to contain ol. There is a B0% chance that the geologist will be a favorable report and a 20% chance of an unfavorable report Glven a favorable partono that the field contains all Given an unfavorable report there is a 15% chance that the told contains of Determine the optimal rate. The spected from on What the brpected value of Perfect information (EVPU (5 pts Select one: OG EVP = $30.500 O DEVP1-555.000 O CEP 354000 PE548.000 O co must determine whether or not to foron the South China Search STO DOO to fool fol found the revine stimated to be 100.000 Afrin Oko believes there is a 45chance to the field contain Batore di Olico con for $35.000 a golog to obtain more information about the hood more on contin There is a chance that the googht we foreport onda 20 chance of an interable report. Given a loro report on the that the field control Controle recorre 15 chance that he told come the optimo ato the expected contention What is the Expected one of some formation IV a $41.000
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