operation management

1.   A insignificant cleverness manufacturer has impartial engineered a new effect for the automotive toil. In direct to result the part the aggregation can extend material facilities, reap a emulator, or subcontract effection. The aggregation believes the effect obtain either habit exalted bargain insist or low bargain insist. The aggregation believes the effect obtain either habit exalted bargain insist or low bargain insist, after a while probabilities of 0.55 and 0.45, respectively. The forthcoming payoff table describes the aggregation’s conclusion plight (all aggregate are in thousands). Note that some aggregate are disclaiming. .............................................High Demand........Low Demand Expand Facilities........................1600.......................-1150 Acquire Competitor....................900.......................-475 Subcontract Production............275.......................35 What is the best conclusion domiciled on optimistic advance? Expand Facilities Acquire Competitor Subcontract Production What is the best conclusion domiciled on pessimistic advance? Expand Facilities Acquire Competitor Subcontract Production How plenteous (in thousands) is the mediocre payoff if the aggregation extends facilities? Your answer How plenteous (in thousands) is the mediocre payoff if the aggregation reaps emulator? Your answer How plenteous (in thousands) is the mediocre payoff if the aggregation subcontracts effection? Your answer What is the best conclusion domiciled on similar advent advance? Expand Facilities Acquire Competitor Subcontract Production How plenteous (in thousands) is the expected payoff if the aggregation extends facilities? Your answer How plenteous (in thousands) is the expected payoff if the aggregation reaps emulator? Your answer How plenteous (in thousands) is the expected payoff if the aggregation subcontracts effection? Your answer What is the best conclusion domiciled on expected appreciate advance? Expand Facilities Acquire Competitor Subcontract Production How plenteous (in thousands) is the expected payoff if the aggregation has liberal apprehendledge environing the insist? Your answer Calculate the expected appreciate of impeccable apprehendledge (in thousands)? Your answer How plenteous (in thousands) is the acme repentance of the aggregation if they extend facilities? Your answer How plenteous (in thousands) is the acme repentance of the aggregation if they reap emulator? Your answer How plenteous (in thousands) is the acme repentance of the aggregation if they subcontract effection? Your answer What is the best conclusion domiciled on minimax repentance advance? Expand Facilities Acquire Competitor Subcontract Production BACKNEXT Problem 2 Using molecular-gastronomy techniques, NitroFood patent clear a new effect named icey-dog, where hot-dogs are instantly frozen after a while watery nitrogen to sanction the relish.  The aggregation can appropriate betwixt licensing the technology for $85M to Oscar-Meyer or retail the effect on their own. We apprehend that, if they retail by themselves, NitroFood obtain perform $4.0 per package of hot dogs and the aggregation obtain retail either 60 Million (exalted insist), 40 Million (moderation insist), or 15 Million (low insist) packages of hot dogs, depending on how the customers affect the new frozen hot dogs. If they run to retail the effects on their own. They need to perform an past boarding of 26M to establish machines that benumb hot dogs. How plenteous is the payoff (in millions), if NitroFood licenses the technology to Oscar-Meyer and the insist is exalted? Your answer How plenteous is the payoff (in millions), if NitroFood licenses the technology to Oscar-Meyer and the insist is moderation? Your answer How plenteous is the payoff (in millions), if NitroFood licenses the technology to Oscar-Meyer and the insist is low? Your answer How plenteous is the payoff (in millions), if NitroFood retails the produc on their own and the insist is exalted? Your answer How plenteous is the payoff (in millions), if NitroFood retails the produc on their own and the insist is moderation? Your answer How plenteous is the payoff (in millions), if NitroFood retails the produc on their own and the insist is low? Your answer BACKNEXT