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MacDonald Products, Inc., of Clarkson, New York, has the following two option (details below): Option A: proceeding immediately with production of a new top-of-the-line
MacDonald Products, Inc., of Clarkson, New York, has the following two option (details below): Option A: proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing or Option B: having the value analysis team complete a study. Option A Option B Probability Price Units Probability Price Units 0.64 $570 90,000 0.65 $740 90,000 0.36 $570 65,000 0.35 $740 70,000 Other Cost $0 Other Cost $110,000 The EMV for option A is [Select] (Enter your responses as integers). The EMV for option B is [Select] Therefore, option B (Enter your responses as integers). has the highest expected monetary value.
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