independent gas station. Susan’s problem is to decide how large her station should be. The annual returns will depend on both the size of the station and a number of marketing factors related to oil industry and demand for gasoline. After careful analysis‚ Susan developed the following table: Sizes of Gasoline Station Good Market ($) Fair Market ($) Poor Market ($) Small $70‚000 $30‚000 -$30‚000 Medium $110‚000 $50‚000 -$40‚000 Large $170‚000 $70‚000 -$50‚000 1. Develop a decision table for
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quality is vital for people’s health and it is an essential part of our environment. Large factories and other large buildings which produce a large amount of pollution tend to be sited away from populated areas to help prevent pollution entering our breathable atmosphere over towns and cities; indeed‚ large chimneys push the pollution further up into the atmosphere avoiding any fallout to local inhabitants. Large amounts of pollution can result in smog‚ which can lead too poor visibility as well
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20 | –10 | Medium | 80 | 30 | –20 | Large | 100 | 30 | –40 | Very Large | 300 | 25 | –160 | (b) What is the maximax decision? Decision Alternatives | Market (‘000) | Maximax decision shall be the maximum value of a row/decision alternatives | Maximax Decision Alternative | | Good | Fair | Poor | | | Small | 50 | 20 | –10 | | 50 | Medium | 80 | 30 | –20 | | 80 | Large | 100 | 30 | –40 | | 100 | Very Large | 300 | 25 | –160 | | 300 | If maximax
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In my opinion‚ the model of the large-scale ‘managerial enterprise’ as put forward by the famous business historian Alfred Chandler has not been followed completely by all of the world’s leading economies. This essay will therefore be structured as follows: first I will briefly explain Chandler’s theory of the large-scale managerial enterprise‚ putting it into context of time and place and pointing out the major flaws of his theory. Then‚ I will attempt to justify my opinion by using the Japanese
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cannot be the main cause for the emergence of large global imbalances in 2000 and thereafter since before 2000 EA economies’ TB were roughly balances. 2) Self-insurance motivation for foreign currency reserve accumulation: after the financial crises in the late 1990s‚ emerging market economies in EA increased their CA surpluses substantially‚ and they experienced rising international reserves. After 2005 Chinese surpluses and reserves are too large to be justified by the self-insurance motivation
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the entrepreneur‚ moving away from the neoclassical view of equilibrium. There are gains from large scale in R&D. This is because large firms have the resources to invest more in innovation and so get larger return. This leads to social benefits of monopoly/market power because as large firms find it easier to innovate‚ they are more efficient and therefore their gains are more likely to spill over. Large firms are able to take advantage of unseen innovation as small firms can only focus on existing
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cranium and some teeth and mandible bones Probably the size of a chimp‚ which is common for this time period Small postcanines relative to body size‚ may suggest direct relation to humans Microdont‚ in contrast to later hominins who had relatively large canines or were megadont Thick enamel similar to humans‚ but unlike modern apes‚ this is a derived feature This also suggests they were probably eating harder food‚ as thicker enamel is an indication of diet Ape-like canines‚ pretty sure this species
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The polar bear (Ursus maritimus) is a carnivorous bear whose native range lies largely within the Arctic Circle‚ encompassing the Arctic Ocean‚ its surrounding seas and surrounding land masses. It is a large bear‚ approximately the same size as the omnivorous Kodiak bear(Ursus arctos middendorffi).[3] A boar (adult male) weighs around 350–700 kg (770–1‚540 lb)‚[4] while a sow (adult female) is about half that size. Although it is the sister species of the brown bear‚[5] it has evolved to occupy a
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What would benefit a nation most‚ a small or a large population? A larger population is not a curse to a nation. Yes‚ the number counts and a nation having a larger population is assured to succeed. A nation with a rapid increase of population‚ if well managed‚ is a very positive impact to sustainable and effective growth. What better strength can a nation have than a multitude of able-bodied residents‚ prepared to run its equipment‚ produce it harvests‚ educate its children‚ create its art and
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dissertation is to study the financial structure of Islamic Banks as they operate on a totally different basis from conventional banks. It will be seen that whether Islamic Banks are prudent in making their financing decisions. Another aim is to compare Large and Small Islamic Banks to find out differences between them and to see which group is more cautious in maintaining its particular financial structure. 1.3 Methodology The methodology
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