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NEW QUESTION: 1
Dough Distributors has decided to increase its daily muffin purchases by 100 boxes. A box of muffins
costs $2 and sells for $3 through regular stores. Any boxes not sold through regular stores are sold
through Dough's thrift store for $1. Dough assigns the following probabilities to selling additional boxes:
What is the expected value of Dough's decision to buy 100 additional boxes of muffins?
A. $40
B. $68
C. $52
D. $28
Answer: C
Explanation:
Choice "c" is correct. The expected value of a decision is computed by multiplying the probability of each
outcome by its value or profit. Each outcome is then added. There is a 60% probability that Dough will sell
6 0 of the 100 additional boxes through regular stores and that means that Dough would have a 60%
chance of making a profit of $20 (60 boxes at a $1 profit ($3 - $2) sold through the regular stores and 40
boxes at a $1 loss ($1 - $2) sold through the thrift stores). There is a 40% probability that Dough will have
a profit of $40 (100 boxes at a $1 profit through the regular store sales and zero boxes sold at a loss
through the thrift store).
Choice "a" is incorrect. The expected value of a decision is computed by multiplying the probability of
each outcome by its value or profit.
Choice "b" is incorrect. The expected value of a decision is computed by multiplying the probability of
each outcome by its value or profit.
Choice "d" is incorrect. The expected value of a decision is computed by multiplying the probability of
each outcome by its value or profit.
NEW QUESTION: 2
Your customer wants help configuring a message scenario that, when launched, populates a proper* (A_TIME) with the time the message was created (message_time_of_creation).
What must be entered in the subject and body of the message pattern to support this requirement?
A. The message subject should be: A.TIME.
The message body should be: {message_time_of_creation}.
B. The message subject should be: message_time_of_creation. The message body should be: A
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