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Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
النسخة 6الرقم المعياري الدولي: 978-0134105598 تمرين 25
A manufacturing firm is considering two mutually exclusive projects, both of which have an economic service life of one year with no salvage value. The initial cost and the net year-end revenue for each project are given in Table.
Assume that both projects are statistically independent of each other.
(a) If you are an expected-value maximizer, which project would you select
(b) If you also consider the variance of the project, which project would you select
TABLE P 12.21 Comparison of Mutually Exclusive Projects
Assume that both projects are statistically independent of each other.
(a) If you are an expected-value maximizer, which project would you select
(b) If you also consider the variance of the project, which project would you select
TABLE P 12.21 Comparison of Mutually Exclusive Projects
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For the given problem that is present he...
Contemporary Engineering Economics 6th Edition by Chan Park
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