Improving the Accuracy of Information (L.O.2): Refer to exercise 26-20. Suppose the accuracy of the imperfect information
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Improving the Accuracy of Information (L.O.2): Refer to exercise 26-20. Suppose the accuracy of the imperfect information could be improved. For an additional cost of $10.000, the accuracy of the information could be improved from 80 percent to 90 percent.
Required: Is it worthwhile to obtain the more accurate information?
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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