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Putz Products's materisis manager. Tej Dhakar, must determine whethec to moke or buy a new semiconductor for the wrist TV that the firm is about

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Putz Products's materisis manager. Tej Dhakar, must determine whethec to moke or buy a new semiconductor for the wrist TV that the firm is about to produce. Three milion units ace expectiod to be produced ovor tha 1 fe cycle. If the product is made, start-up and production costs of the make decision lotal $1 mallon, with a probability of 0.5 that the product wa be satiafuctory and a 0.5 Ge semicenductor or to purchese. Likelihood of success the second time that the make decision is made is 0.7 . I the second make decision also fails, the fim muat purchaso. Regardipss of when a) Assuming that Rez muet have the serriconductar (slopping or doiog whout is not a viabie option), what is the best decision? The firm ghouit the semiconductorn because this decision has an expected cost of 5 (Enter yout response as an integer) b) What criteria did you use to mako this dociven? In this case, axpected menbtary value is represented by To make the decision in part (a), the found the of these values 5) What is the woent that can happen to Ritz as a retut of this particular decision? What is the best that can happen? The worst that can happen is that gee frm scends The best that can happens is that the firm only soends (Cnter your resmonses as integens.)

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