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You're the manager of global opportunities for a U.S. manufacturer that is considering expanding sales into Asia. Your market research has identified the market potential

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You're the manager of global opportunities for a U.S. manufacturer that is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, the Philippines, and Singapore as described in the following table; Success Level Mediocre Big Failure Malaysia Probability 0.7 0.1 0.2 Units 1,100,000 352,000 0 0.4 0.3 0.3 480,000 800,000 0 Philippines Probability Units Singapore Probability Units 0.2 0.3 0.5 1,300,000 650,000 0 The product sells for $10, and each unit has a constant marginal cost of $8. Assume that the (fixed) cost of entering the market (regardless of which market you select) is $250,000 The product sells for $10, and each unit has a constant marginal cost of $8. Assume that the (fixed) cost of entering the market (regardless of which market you select) is $250,000 In the following table, enter the expected number of units sold, and the expected profit from entering each market. Market Malaysia Philippines Singapore Expected Number of Units Sold 400 400 X 585,000 X 456,000 Expected Profit $1.101,600 $1,840,000 X $1,324,000 X Points 071

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