Question: need rough work aa well 1. Gemini Designs makes new uber smartwatches. The retail cost of the smartwatch is $280.00 each. There are three designs

 need rough work aa well 1. Gemini Designs makes new uber
smartwatches. The retail cost of the smartwatch is $280.00 each. There are
need rough work aa well

1. Gemini Designs makes new uber smartwatches. The retail cost of the smartwatch is $280.00 each. There are three designs for the smartwatch which has an forecasted sales of 980,000 units throughout the product's life. Design A has a design cost of $57,000; Design B has a design cost of $45,000; Design C has a design cost of $57,500. The following table shows the Yield rate for each design. Probability of Yielding a Good Smart Watch during Manufacturing Design Model Yield 30 per 50 Yield 39 per 50 Manufacturing cost per watch for all watches in the design model 0.62 0.38 $5.44 0.22 0.78 $6.91 0.75 0.25 $6.11 A B a. Draw a decision tree which shows Root, Branches and nodes for decisions above (7 marks) b. Solve the EMV for each design model. (10 marks) c. Which design should the company choose? (3 mark) DON 2. Using the following data: Month LCD Sold (Hundreds) Unemployment Rate (%) 4 90 6.2 5 80 6.0 7 75 8.0 9.0 As the Operations Manager at Gemini Designs you are requested to forecast the LCD sales based on the data in the table. It is assumed that the number of LCD sold is directly related to the unemployment rate a) Determine the linear equation. (10 marks) b) Determine the forecast if unemployment rate is 7.17% (5 marks) DOVOGOP

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