Get in touch with us
Send us an e-mail
Question
What is the EMV for Option 1 and 2 in the following decision table? Which one would you choose and why?
|
|
States of nature |
|
|
Alternatives |
S1 |
S2 |
|
p |
.3 |
.7 |
|
Option 1 |
15,000 |
20,000 |
|
Option 2 |
10,000 |
30,000 |
Summary
The question belongs to Operations Management and it discusses about choosing between EMV options and the reasons.
Total Word Count 123
Download Full Solution
I have never experienced managerial accounting explained so clearly before. The online managerial assignment experts at HelpWithAssignment are very professional and clear in their communication. Their prices are also right for a student like me on a tight budget.
Lee Tan Student
From my graduation days in statistics, I took help from HwA on a constant basis. So now that I am pursuing a very challenging certification course in biostatistics I am getting all the help I need from these brilliant experts. The fascinating part about HwA’s biostatistics team is that all the experts are both academically sound and also have adequate professional exposure to work on the critical biostatistics assignments.
Jason Doman Student
After I moved to Australia to study Computer Science and Engineering, I found out that the things are quite different than what it used to be in the Indian universities. The course structure is much more practical oriented and thus the numbers of assignments are also more. I was clueless and was struggling to cope when I came across HwA. Thanks to them I got through my first two semesters with good grades and that boosted my confidence. Now I am pursuing my post-graduation from a Queensland based reputed technology university and still taking help from HwA.
Gary Roberts Student
I was facing a lot of problems with finding the right and relevant material for my quantitative chemistry assignment and running out of time before the submission deadline. The chemistry assignment expert at HwA helped me find the right research material and also helped me finish the quantitative chemistry assignment on time.
Rebecca Taylor Student
The corporate strategy case study which I was handed over by my professor was a bit difficult and I was not certain that I would be able to meet the standards. So I looked online for help and eventually landed here in HwA. I was thrilled to see that the experts here are all well aware of my syllabus and they did a fantastic job in providing an excellent solution.
Kevin McGrouther Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.