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Determine the Total Productivity with the following given: Total units produced is 5,000 pieces completed by 10 workers consuming 200 hours done both manually and
Determine the Total Productivity with the following given: Total units produced is 5,000 pieces completed by 10 workers consuming 200 hours done both manually and through the use of machine for 50 hours. The owner invested P5,000 just to produce the items, after incurring P3,000 as payment for labor and P2,000 for the materials used 7. Refer to Problem 6. Suppose that the management of Theme Park, Inc., has decided that there is a .35 probability that the motel's application will be approved. a. If management uses maximum expected monetary value as the decision criterion, which alternative should it choose? b. Represent this problem in the form of a decision tree. c. If management has been offered the option of a temporary lease while the town planning board considers the motel's application, would you advise management to sign the lease? The lease will cost $24,000. 8. Construct a graph that can be used for sensitivity analysis for the preceding
Determine the Total Productivity with the following given: Total units produced is 5,000 pieces completed by 10 workers consuming 200 hours done both manually and through the use of machine for 50 hours. The owner invested P5,000 just to produce the items, after incurring P3,000 as payment for labor and P2,000 for the materials used
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