Mathematics, 12.12.2019 01:31 DBE12
Copy makers inc. (cmi) has just received a credit request from a new customer who wants to purchase a copying machine. as input to its decision of whether to grant credit, cmi has made the following estimates and assumptions: if cmi denies the customer credit, there is a 20 percent chance that the customer will buy the copying machine with cash anyway. if cmi grants credit, there is a 70 percent chance the customer will be a good credit risk. if cmi grants credit and the customer is a good credit risk, cmi will collect 100 percent of the purchase price. if cmi grants credit and the customer is a bad credit risk, cmi has two options. under the first option, cmi would continue to send the customer a bill and hope it is eventually paid. under this option, cmi will collect 100 percent, 50 percent, or 0 percent of the amount owed, with probabilities 0.1, 0.2, and 0.7, respectively. under the second option, cmi would vigorously pursue the collection of the amount owed. to do so would cost cmi 25 percent of the amount owed, regardless of the amount eventually collected. under this second option, cmi will again collect 100 percent, 50 percent, or 0 percent of the amount owed, with probabilities 0.3, 0.5, and 0.2, respectively. the copy machine sells for $8,000 and costs cmi $5,000. nonvigorous enforcement has no cost, while vigorous enforcement costs $2,000. a. what is the complete, optimal decision strategy for cmi
Answers: 3
Mathematics, 21.06.2019 14:40
Farnesene is a sesquiterpene. how many different isomers arising from double-bond isomerizations are possible? g
Answers: 2
Mathematics, 21.06.2019 17:00
At the beginning of the day, stock xyz opened at $6.12. at the end of the day, it closed at $6.88. what is the rate of change of stock xyz? a. 1.17% b. 11.0% c. 12.4% d. 81.5%
Answers: 1
Mathematics, 21.06.2019 19:30
Asurvey of 45 teens found that they spent an average of 25.6 hours per week in front of a screen (television, computer, tablet, phone, based on the survey’s sample mean, which value could be the population mean? 2.3 hours 27.4 hours 75.3 hours 41.5 hours
Answers: 1
Mathematics, 21.06.2019 23:40
Aright cylinder has a diameter of 8 m and a height of 6m. what is the volume of the cylinder
Answers: 1
Copy makers inc. (cmi) has just received a credit request from a new customer who wants to purchase...
Mathematics, 07.04.2020 01:39
Geography, 07.04.2020 01:39
Mathematics, 07.04.2020 01:39
History, 07.04.2020 01:39
Health, 07.04.2020 01:39
English, 07.04.2020 01:39
History, 07.04.2020 01:39
Social Studies, 07.04.2020 01:39
English, 07.04.2020 01:39
Chemistry, 07.04.2020 01:39