-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Calculation Of Expected Value Of Sales Projection
Question
Depending upon the state of the economy, Ables Manufacturing Corp. expects to sell the following number of prefabricated buildings. The probability of each state is indicated. What is the expected value of the total sales projection?
|
Outcome |
Probability |
Units |
Price |
|
Bad |
0.15 |
75 |
$25 |
|
Normal |
0.60 |
150 |
$35 |
|
Great |
0.25 |
300 |
$45 |
a). $5,625
b). $4,540
c). $12,800
d). None of these
Summary
The question belongs to Accounting and it discusses about calculation of expected value from sales projection.
Total Word Count 31
Download Full SolutionWHAT OUR STUDENTS SAY
I seriously used to mix up the concepts surrounding heat transfer and mass transfer. Initially I never get to understand which assignment is related to which chapter. Then one fine day, my friend Jenny, introduced me to HwA and since then everything went fine for me.
Nick Murray Student
The nursing expert of HwA has actually cleared by idea about gastrointestinal anatomy and helped me in several occasions with critical case study solutions involving gastrointestinal issues of the patients.
Matthew Galloway Student
When I was pursuing my course in Enterprise Resource Planning in supply chain management, I constantly took help from HwA and got instant result. The ERP expert here in HwA is very helpful and has helped me to complete the course with distinction.
Andrew Oliver Student
When I was assigned the case study analysis of integumentary system patient I had no clue as to where to reach out for help. Luckily I bumped into HwA and was astonished to find that they have specific integumentary system related section.
Hillary Smith Student
I never faced any problem with marketing management or finance. But with location strategy, I always suffered with the PERT and CRM based problems. I was unable to understand the concept of location strategies. When I came across HwA, I was relieved as they helped me overcome the horrors of location strategy and transformed my fear into a genuine interest.
Stuart Henderson Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.