Copy of Risk Management Plan final

Give one real life situation example for 7 Principles of Engineering Economy 5. Consider all relevant criteria 6. Make risk and uncertainly explicit

subject: engineering economics NewTech wants to consider risk and return in evaluating the following alternatives: a. Draw the decision tree for the problem. b. Which will you select based on the expected value of each alternative’s PW? answer a and b.

Assume you are faced with two decision alternatives and two states of nature whose profit payoff table is shown below. Decision Alternative State of Nature 1 State of Nature 2 Decision 1 25 30 Decision 2 45 15 The probability of state of nature 1 is 0.4.(a) Compute the expected value of each alternative.(b)  Which decision is the optimal decision?(c) Compute the expected value with perfect information.(d) Compute the expected value of perfect information.

2.  Airtight Manufacturing produces plastic cases that utility companies buy to protect electronic components on utility poles from weather damage. (a)   The protective case currently used by utility companies has a 0.045 probability of cracking or breaking in any given year. When a protective case cracks or breaks, the utility company incurs a $800 expense to replace the case. What is the expected value of the utility company’s repair costs per protective case? Show your work. (b)   Airtight has recently developed a stronger material for its protective case. The use of this stronger material reduces the case’s probability of cracking or breaking and serves as a differentiating factor for estimating this product’s VTC. Use the product-needs matrix described in the course to classify this differentiating factor. What type of product characteristic is it? What type of customer need does it satisfy? Justify your answers. (c)   If this stronger material enables Airtight’s new protective…

Preference decisions compare potential projects that meet screening decision criteria and will be ranked in their preference order to differentiate between alternatives with respect to all of the following characteristics except_ A. political prominence B. feasibility C. desirability D. importance

Give one real life situation example for 7 Principles of Engineering Economy 1. Develop the Alternatives 2. Focus on the Differences 3. Use a Consistent Viewpoint 4. Use a Common Unit of Measure 5. Consider all relevant criteria 6. Make risk and uncertainly explicit 7. Revisit your decisions

The decision analysis is a. General method of decision making b. Analysis of the correctness of problem solving procedures  c. Risk analysis before decision making d. Problem solving urgency analy

1st drop down options - decrease -increase 2nd drop down options -7.5 million -3 million -5 million -18.75 million   Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer.  Take care of plagiarism. Answer completely. You will get up vote for sure.

1 Consider the two investments listed below with possible outcomes and probabilities: INVESTMENT (in $1000) P SAFE RISKY INVESTMENT AMOUNT 40+ 40+ GOOD SCENARIO OUTCOME 45+ 80+ AVERAGE+ SCENARIO PROB+ OUTCOME 0.40+ 0.40 42+ 45 BAD+ SCENARIO PROB OUTCOME PROB 0.20 35+ 0.20 10 0.40€ 0.40 a) What are the expected payoffs (E(x)) and standard deviations for each investment? b) Suppose I have utility function U(*) = √(x). What is the expected utility from each investment? c) Which investment will I choose, if any? Show and explain your work and provide the intuition.< d) What is the value of the risk premium for the SAFE investment? Show and explain your work and provide the intuition. e) What is the value of the risk premium for the RISKY investment? Show and explain your work and provide the intuition.< 43 A ✔ →

How Does the Cost of Health Insurance Premiums Vary By Aqe? NGPF Next Gen Pe sonal Finance Data Crunch Insurance Monthly Health Insurance Premium - Silver Tier Plan Average Cost of a Silver Policy by Age $1,200 $1,123 $1.050 $1,016 $900 $835 $750 $668 $600 $540 $457 $478 $450 $425 $374 $376 $300 $150 $0 21 25 30 35 40 45 50 55 60 64 Age ValuePenguin Monthly Premium 1. What is the ANNUAL premium for an individual who is 21 years old? 2. Between what two ages does the largest percentage change in premium occur? рок 1 DOK 1 3. How would you summarize the data in this chart in one sentence? DOK 2 4. If this same data were reported for car insurance, instead of health insurance, would the graph look similar? Why or why not? 5. If this graph were to continue outward, for individuals over 64, describe what you think the bars that follow would look like. www.ngpf.org Last updated: 7/8/20 Monthly Premium

The quality firm mentioned earlier, are having another project that is facing a problem to meet the deadline, the information provided below will help in crashing the project to meet the deadline.- Total Project Indirect cost = 500$.- Indirect Reduction in Cost/day= 60$ I. What is the total project cost?II. What is the slope value and max crash for the Improvement task ?III. What is the recommended task to crash first in this project?IV. What is the new total project cost after the firs crash iteration ?

Decision Alternative Up S₁ Stable s₂ Down S3 Investment A, d₁ Investment B, d₂ Investment C, d3 Probabilities Profit Investment A, d₂ Investment B, d₂ Investment C, dz 100 70 Economic Conditions 45 0.95 thousand thousand thousand 0.85 0.65 0.45 Profit Decision Maker A $70,000 $45,000 $20,000 20 (a) Using the expected value approach, which decision is preferred? E(d₂) $ 68 E(d₂) = $ 56.25 E(d3) = $45 The expected value approach recommends Investment A, d. ✔ Indifference Probability (p) 45 45 (b) For the lottery having a payoff of $100,000 with probability p and $0 with probability (1-p), two decision makers expressed the following indifference probabilities. Find the most preferred decision for each decision maker using the expected utility approach. 0.15 6.95 X Decision Maker A 0.6 Decision Maker B 0.35 0.2 Expected Utilities 0 20 45 0.20 Calculate the expected utility for each of the decision alternatives for each of the decision makers. (Assign a utility of 10 to the payoff of…

Q VC AVC TC ATC MC $0 $0 $30 $0 $0 1 $40 $40 $70 $70 $40 2 $100 $50 $130 $65 $60 3 $180 $60 $210 $70 $80 4 $330 $82.5 $360 $90 $150 If the firm can sell its product for $60, it will not sell 2 units and incur losses of $10 sell 1 unit and incur losses of $10 а. b. continue to operate in hopes the market price increases shut down and incur losses of $30 с. d.

Revenue and Costs ($) TC P61 Given TFC = $40.00 Q1 = 30.00 Q2 = 40.00 TR P6 P5 Q3 = 50.00 Q4 = 80.00 Q5 = 86.00 P4. P1 = $40.00 P2 = $50.00 P3 = $60.0o P4 = $150.00 P5 = $200.00 P6 = $210.00 P61 = $320.00 P3 P2 P1 Q1 Q2 Q4 Q5 Q3 Exhibit TR-TC Output (Q) Refer to Exhibit TR-TC for a typical competitive firm. At an output level of Q5, the firm's losses is about O $100.00 O $90.00 O $110.00 O $120.00

1. Individual Problems 17-1 Malaysia 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 Big Mediocre Failure Malaysia       Probability 0.7 0.1 0.2 Units 1,300,000 416,000 0 Philippines       Probability 0.2 0.3 0.5 Units 600,000 360,000 0 Singapore        Probability 0.4 0.3 0.3  Units 1,500,000 750,000 0   The product sells for $20, and each unit has a constant marginal cost of $16. Assume that the (fixed) cost of entering the market (regardless of which market you select) is $500,000. In the following table, enter the expected number of units sold, and the expected profit, from entering each market. Market Expected Number of Units Sold Expected Profit Malaysia     Philippines     Singapore…

You're managing a project using the earned value management for cost management. The project planned value (PV) is $200,000. The project earned value (EV) is $100,000. The actual cost (AC) is $150,000. What is the cost variance (CV) for the project?     a. -50,000 b. 100,000 c. -100,000 d. 150,000

You are a consultant to a small size Company engaged in Food Products.  The company is interested to expand its business to the Middle East - Dubai. Prepare a business report focusing on the business potential. Also, give advice on the entry mode and external risks if the decision is made to do business in the Middle East.

The goal of this activity is to help you better understand how the rational decision-making process applies in a realistic workplace scenario. First, hover over each term or phrase to read the description. Then, click and drag each term or phrase into the correct place in the rational decision-making process. Measuring performance Identify the problem or opportunity Consultants. Inclusive or exclusive Generate alternative. solutions Inclusive or exclusive Consultants Collecting data Evaluate alternatives and Implement and evaluate the solution chosen. select a solution Measuring performance Collecting data Reset 4

1. Find the breakeven market value.2. Find the breakeven annual expense.3. Is the decision more sensitive to changes in market value or annual expense? How doyou know?

SNA Framework must be:   Question 8Answer a.   Timely   b.    Comprehensive   c.   Definite   d.    Adjustable

UneLogin OneLogin B Achieve Assignments X A Assessment - Microec X courses/b390dd47-7af5-4231-b050-94a970e501f8/4/dc7abv/tools/assessment/items/ef5d51bb-def4-42fe-97cb-63d47b5e0223. Completed 20 out of 20 Question 7 of 20 If a household has a ratio of income to poverty of 1.2, it is considered to be O not poor. 10od O near poor. O severely poor. Activate Go to Setti LAPTOP LOGIN USERNAME: student er PASSWORD: Broward1 TravelMate B

Directions: Discuss each task of a professional safety engineer using well thought of responses. The Professional Task Development of accident Identification Communication Measurement and appraisal of the accident of accident prevention and loss control of effectives of prevention information controls problem procedures Feedback to be used for modifications

Agamble based on a fair coin toss which pays $6.65 if the coin lands heads and $9.85 if the coin lands tails. (fair coin toss i.e. probability of heads is 50% = probability of tails is 50%) EV $8.25 E[U(w)) UJEV] >_U(EV) Low EU = U(EV) Neutral EU =_U(EV) Neutral u(w) w" 624.81 $ 561.51 u(w) 125+w 136.25 $ 136.25 u(w) Sin(w) 10.50 $ 10.50 Arisk agent, whose utility is given by U(w) = 5In(W) and initial wealth is $5,000 is faced with a potential loss of $3,800 with a probability of p=0.17. What is the maximum premium they would be willing to pay to protect themselves against this loss? risk appetite (wייט EV intial wealth EU 41.37 5,000 U(w-y) = E[U(w)] 5In(5,000-y)=B17 find y y= $ 1,077.13 If you are given the opportunity to buy insurance for $500 alt y= would you take the insurance? Utility functions w>0 u(w) w-9w u(w) 5In(w) u'(w) u'(w) u"(w) u"(w) A'(w) :>,,,,<=0 show your work A(w) Alw) A'(w) A'(w) R(w) R(w) R'(w) R'(w)

O Night Project Directions School x E Ahmad Awadallah - Night Proje x Ahmad Awadallah - Night Projec xe Night Project Slideshow | School xO Ahmad Aladallah - Night Proje X Schoology i nisd.schoology.com/common-assessment-delivery/start/47388160537action=onresume&submissionld=455861284 N Northside ISD COURSES LMS GROUPS a 8 国区 RESOURCES GRADE REPORT Economics Test #1 M Which is an example of a secondary economic activity? O Growing corn on a farm for export. O Growing just enough food for one's immediate family. O Working in a car factory. 5 6 7 8 10 11 12 13 14 Next English Support I Schoology Blog I PRIVACY POLICY I Terms of Use 4550612648 tps://nisdschoology.com/commonassessment delvery/start473886053actions P Type here to search D PM /2021 fre bal mate CREATIVE F9 F10 FI F12 PRTSC ScRLK PAUSE INS HOME PGUP CO 11 DEL END PODH CHO

Question.9. From the following information, ascertain which project is more Project A Project B Cash Inflows Probability Cash Inflows Probability 0.2 2,000 2,000 0.1 0.3 4,000 4,000 0.4 0.3 6,000 6,000 0.4 8,000 0.2 8,000 0.1

N Owns a Disability Income policy that will cover him to age 65, allhough the insurance company has the right to change the premium rate for the overall risk class to which N is assigned. Which of he following types of renewability best describes this situation? A.Noncancellable B.Cancellable C.Guaranteed Renewable D.Optionally Renewable

1. Penny's problem is to decide how large her Consulting firm should be. The annual return depends on both the size of her consulting firm and a number of marketing factors. After a careful analysis, Penny developed the following table: SIZE (Consulting firm) GOOD MARKET AVERAGE POOR MARKET MARKET SMALL 95,000 25000 -40000 MEDIUM 1,00,000 37500 -60000 LARGE 120000 50000 -110000 a. What is the best decision of Penny as per criteria of realism? What is the EMV of that best decision (Assume a = 0.7) b. What is the best decision of Penny as per minimax regret criterion? What is the EMV of that best decision? [Clearly write down the intermediate Opportunity Loss Table(s) forthis part]

I need help with this question ASAP!!! Thanks in advance Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.

The following are the P/E ratios (price of stock divided by projected earnings per share) for 20 banks. 50, 19, 22, 21, 25, 18, 31, 21, 19, 14, 15, 18, 17, 34, 29, 23, 14, 18, 22, 22 Send data to calculator Find 20" and 75" percentiles for these ratios. (a) The 20th percentile: (b) The 75th percentile:| Continue Cip 40 4- %23 %24 3. 6. 7. R. 00 %24