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If Acme company ( HW_05 .xlsx) makes the following changes from our demonstrated example in its bid: 1) change the fixed cost to $8000; 2)
- If Acme company (HW_05.xlsx) makes the following changes from our demonstrated example in its bid: 1) change the fixed cost to $8000; 2) change probabilities of Great, Fair and Awful to 0.55, 0.30, and 0.15 respectively; 3) the unit margin is $15.
(Please note that all changes have been reflected in Hw_05.xlsx)
Please reconsider that
- whether Acme company should market the new product or abandon it, and 2) perform the sensitivity analysis if all sales volumes are decreased by 5%, 10%, 15%, and 20%.
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