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A national restoration contractor has $5 million to invest in new software to become more efficient in writing estimates and reducing errors, increasing net profits
A national restoration contractor has $5 million to invest in new software to become more efficient in writing estimates and reducing errors, increasing net profits for the company. There are three products under consideration, each with a cost of $5 million to implement across the company. Which product should be purchased?
Location A:
Probability / Outcome
.50 / 20%
.30 / 9%
.20 / -10%
Location A:
Probability / Outcome
.50 / 20%
.30 / 9%
.20 / -10%
Location C:
Probability / Outcome
.45 / 22%
.50 / 6%
.05 / -15%
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