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Apatix Apatix
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7 years ago
A firm is weighing three capacity alternatives: small, medium, and large job shop. Whatever capacity choice is made, the market for the firm's product can be "moderate" or "strong." The probability of moderate acceptance is estimated to be 40 percent; strong acceptance has a probability of 60 percent. The payoffs are as follows. Small job shop, moderate market = $24,000; Small job shop, strong market = $54,000. Medium job shop, moderate market = $20,000; medium job shop, strong market = $64,000. Large job shop, moderate market = -$2,000; large job shop, strong market = $96,000. Which capacity choice should the firm make?
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Operations Management

Operations Management


Edition: 10th
Authors:
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HplyEvrAftrHplyEvrAftr
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Apatix Author
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6 years ago
Smiling Face with Open Mouth !!
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4 years ago
Yasss
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4 years ago
thank you
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