
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Take any one project identified in Botswana, perform a risk analysis on it
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- The National Mission for Saffron has been launched as a sub- scheme of which among the following programmes?(A) National Food Security Mission(B) National Cash Crop Programme(C) National Horticulture Mission(D) Rashtriya Krishi Vikas Yojanaarrow_forwardLenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.91 $1.95 Month July August September October November December Price Per Chip $2.00 $1.70 $1.70 $1.55 $1.50 $1.75 This exercise contains only parts a, b, and c. a) Using a 2-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Mar Apr May Jun Jul Aug Sep Oct Nov Forecast $1.76 1.61 1.73 1.88 1.93 1.98 1.85 1.70 Decarrow_forwardA large multinational oil company is considering its strategy in the North See. The UK government has announced that a new drilling site in the North Sea will be offered for sale on a competitive tender basis, the site going to the company making the highest bid. Provisional exploration of the site indicates that, over its life, it can be expected to generate revenue of around £1,500 million if the oil reserves turn out to be high, but only £500 million if they turn out to be low. Seismic tests have indicated that the probability of high reserves is 0.60. If the company is successful in its bid, it will also have to decide whether to construct a new oil rig for the site or to move an existing oil rig which is currently operating at an uneconomic site. The costs of the new rig are around £250 million and for moving the existing rig around £100 million. A new rig would be able to boost production by £150 million if reserve levels turned out to be high. The company has decided that if it…arrow_forward
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