Question: Multiple Choice, I will Thumbs Up the Answer QUESTION 18 For the next 3 questions Jack is evaluating two technologies. The fixed cost of technology

Multiple Choice, I will Thumbs Up the Answer

Multiple Choice, I will Thumbs Up the Answer

QUESTION 18 For the next 3 questions Jack is evaluating two technologies. The fixed cost of technology A is $500 and there is 50% of the chance the variable cost will be $10 and 50% of the chance the variable cost will be 8. For technology B, the fixed cost is $1000 and there is 40% of the chance the variable cost will be $8 and 60% of the chance the variable cost will be 5. Jack predicts that the life cycle production volume is 200 units. Jack has to meet the demand, so do nothing is not an option. What is the expected Monetary Value of technology A? A-1800 B. -2900 C.-2300 D. -3500 QUESTION 19 What is the Expected Monetary Value of technology B? A.-2650 B.-2240 C.-870 D. -1220 QUESTION 20 Which of the following statement is true? A Jack should choose technology B and the expected cost is 2300. B. Jack should choose technology A and the expected cost is 2300. C. Jack should choose technology A and the expected cost is 2240. D. Jack should choose technology B and the expected cost is 2240

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!