3(a) You are the author of a new novel. You can choose to self-publish by making your ownwebsite to with the help of a local developer for a cost of $15,000, or you can sell them viaan existing publisher. There is a 10% chance the novel will be trending and sell 100,000copies; but otherwise be a flop and sell only 6,000 copies. The publisher can produce atdistribute copies at $10 each, will sell copies for $20 each and take a 50% cut of the profits.If you choose to self-publish, you can produce and distribute copies for $12 each and mustsell at a cheaper price of $18 to attract buyers (but keep all of the profit).(i) Draw and evaluate a decision tree for this decision problem. Determine the bestdecision (based on the EMV criterion) and its value.(ii) What is the maximum you would pay for any information about whether the novelwill become trending (i.e. the EVPI)?(b) Suppose you have the opportunity to hire a local literary critic to review your novel. Basedon past surveys, 42% of trending novels have been liked by the critic, whereas 79% of flopnovels have been disliked by the critic.(i) Assuming that the literary critic is worth hiring, draw and evaluate a decision treeto determine what subsequent actions would be taken.(ii) Calculate the EVSI and explain clearly what it means in this case.

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Answered: You are the author of a new novel. You…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Suppose you decide (as did Steve Jobs and Mark Zuckerberg) to start a company. Your product is a software platform that integrates a wide range of media devices, including laptop computers, desktop computers, digital video recorders, and cell phones. Your initial market is the student body at your university. Once you have established your company and set up procedures for operating it, you plan to expand to other colleges in the area and eventually to go nationwide. At some point, hopefully sooner rather than later, you plan to go public with an IPO and then to buy a yacht and take off for the South Pacific to indulge in your passion for underwater photography. With these issues in mind, you need to answer for yourself, and potential investors, the following questions. 8. Briefly describe the use of stock options in a compensation plan. What are some potential problems with stock options as a form of compensation?
Suppose you decide (as did Steve Jobs and Mark Zuckerberg) to start a company. Your product is a software platform that integrates a wide range of media devices, including laptop computers, desktop computers, digital video recorders, and cell phones. Your initial market is the student body at your university. Once you have established your company and set up procedures for operating it, you plan to expand to other colleges in the area and eventually to go nationwide. At some point, hopefully sooner rather than later, you plan to go public with an IPO and then to buy a yacht and take off for the South Pacific to indulge in your passion for underwater photography. With these issues in mind, you need to answer for yourself, and potential investors, the following questions. 7. List three provisions in the corporate charter that affect takeovers.
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You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices. 1.Please explain in full detail your business strategy for expansion. 2.What would you need to create, examine, and define before expanding including barriers, concepts, and a plan? 3.Remember to clearly examine the process, and INNOVATION of your products and location.
Which HA DHCP options do you think would be best for your business, and why? What makes it better? Is there anything bad about it? Why is it better than similar products? If DHCP stopped working on your network, how soon do you think you'd find out about it? How soon would you notice if your home's DHCP stopped working?
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