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cost is that Ritz will pay $0.60 for each purchased semiconductor plus $1 million in vendor development cost. a) Assuming that Ritz must have the
cost is that Ritz will pay $0.60 for each purchased semiconductor plus $1 million in vendor development cost. a) Assuming that Ritz must have the semiconductor (stopping or doing without is not a viable option), what is the best decision? The firm should buy the semiconductors because this decision has an expected cost of $ (Enter your response as an integer.) b) What criteria did you use to make this decision? c) What is the worst that can happen to Ritz as a result of this particular decision? What is the best that can happen? The worst that can happen is that the firm spends $ The best that can happens is that the firm only spends s (Enter your responses as integers.)
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