Find the expected EUAW from the cost data provided in the table below for an equipment being considered at Component Systems in Syracuse, NY. Because of the uncertainty of technology being used in this equipment, it has not been possible to get the initial cost accurately. The annual benefit, however, is estimated to be $20,000 with a possible equipment life of 5 years. The salvage value is expected to be 10% of the initial cost. MARR =8%   First Cost, $       $50,000            $80,000            $100,000          $125,000 Probability        0.25                 0.35                 0.30                 0.10

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing or (b) having the value analysis team complete a study. If Tyrone Martin, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 120,000 units at $570 each, with a probability of 0.34 and a 0.66 probability of 70,000 at $570. If, however, he uses the value analysis team (option b), the firm expects s 90,000 units at $710, with a probability of 0.74 and a 0.26 probability of 60,000 units at $710. Value engineering, at a cost of $90,000, is only used in option b. Which option has the highest expected monetary value (EMV)? The EMV for option a is $ and the EMV for option b is $. Therefore, option has the highest expected monetary value. (Enter your responses as integers.)

b. What is the expected value for the rezoned apartments, if the rezoning cost is included (but land cost is excluded)? Note: Do not round your intermediate calculations. Enter your answers in millions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign. Expected value million c. If the land is rezoned, what should the contractor decide? O Build shopping center O Build apartments d. What is the expected revenue, if the land is not rezoned (excluding the land cost)? Note: Do not round your intermediate calculations. Enter your answers in millions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign. Expected revenue million e. What is the expected net profit of entire project, including all applicable costs? Note: Do not round your intermediate calculations. Enter your answers in millions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign. Expected net profit million

Lazer Technologies Inc. (LTI) has produced a total of 20 high-power laser systems that could be used to destroy any approaching enemy missiles or aircraft. The 20 units have been produced, funded in part as private research within the research and development arm of LTI, but the bulk of the funding came from a contract with the U.S. Department of Defense (DoD).   Testing of the laser units has shown that they are effective defense weapons,  and if redesigned to add portability and easier field maintenance, the units could be truck-mounted.   The DoD has asked LTI to submit a bid for 100 more units.   The 20 units that LTI has built so far cost the following amounts and are listed in the order in which they were produced: Use Exhibit 6.4 and Exhibit 6.5.     UNITNUMBER COST($ MILLIONS) UNITNUMBER COST($ MILLIONS) 1   $ 13.0   11 $ 2.2   2     7.5   12   2.1   3     5.8   13   1.9   4     4.5   14   1.9   5     4.0   15   1.7   6     3.5   16   1.7   7     3.1   17   1.5…

There are reasons for failure in contract management. This failure might impact a construction project in terms of time, cost or quality. Identify three causes of failure, their consequences on time/cost/quality and your remedial action:

What are the four different types of feasibility? Which one puts a greater emphasis on total cost of ownership? Which form is the most popular among users?

CSL is a chain of computer service stores. The number of hours of skilled repair time thatCSL requires during the next five months is as follows:Month 1 (January): 6,000 hoursMonth 2 (February): 7,000 hoursMonth 3 (March): 8,000 hoursMonth 4 (April): 9,500 hoursMonth 5 (May): 11,000 hoursEXAMPLE 1 6 Multiperiod Work Scheduling110 CHAPTER 3 Introduction to Linear ProgrammingAt the beginning of January, 50 skilled technicians work for CSL. Each skilled techniciancan work up to 160 hours per month. To meet future demands, new technicians must betrained. It takes one month to train a new technician. During the month of training, atrainee must be supervised for 50 hours by an experienced technician. Each experiencedtechnician is paid $2,000 a month (even if he or she does not work the full 160 hours).During the month of training, a trainee is paid $1,000 a month. At the end of each month,5% of CSL’s experienced technicians quit to join Plum Computers. Formulate an LPwhose solution will…

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing or (b) having the value analysis team complete a study. If Ed Lusk, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 100,000 units at $550 each, with a probability of 0.60 and a 0.40 probability of 75,000 at $550. If, however, he uses the value analysis team (option b), the firm expects sales of 75,000 units at $750, with a probability of 0.70 and a 0.30 probability of 70,000 units at $750. Value engineering, at a cost of $100,000, is only used in option b. Which option has the highest expected monetary value (EMV)? The EMV for option a is $ and the EMV for option b is $ Therefore, option has the highest expected monetary value. (Enter your responses as integers.) a

Lazer Technologies Inc. (LTI) has produced a total of 20 high-power laser systems that could be used to destroy any approaching enemy missiles or aircraft. The 20 units have been produced, funded in part as private research within the research and development arm of LTI, but the bulk of the funding came from a contract with the U.S. Department of Defense (DoD).   Testing of the laser units has shown that they are effective defense weapons,  and if redesigned to add portability and easier field maintenance, the units could be truck-mounted.   The DoD has asked LTI to submit a bid for 100 more units.   The 20 units that LTI has built so far cost the following amounts and are listed in the order in which they were produced: Use Exhibit 6.4 and Exhibit 6.5.     UNITNUMBER COST($ MILLIONS) UNITNUMBER COST($ MILLIONS) 1   $ 13.0   11 $ 2.2   2     7.5   12   2.1   3     5.8   13   1.9   4     4.5   14   1.9   5     4.0   15   1.7   6     3.5   16   1.7   7     3.1   17   1.5…