A company bids on a job. If the bid is won, there is 0.7 probability of making $175,000 profit and 0.3 probabi
913689
Add additional details to your question and I may be able to answer it.  I assume you are looking for the expected value, but some of you data is missing.\nE(X) = .7(175000) + .3(-amount of the loss)
714182
Probabilities... it is easy to tell how much money is remaining: simply total the uncovered suitcases.  Then divide by the total number of suitcases remaining, and you get a fairly decent estimate of what the "odds" are.  That helps them decide how much to "offer".\n\nFor example, let's assume there is $100, $1000 and $10000 left... this means that there is $11,100 left out of 3 suitcases, or just over $3500 per suitcase.\n\nHowever, there is a 2/3 chance that they won't have the $10k... so chances are they will win $1000 (the median of the 3 remaining).  \n\nSo any "offer" of over $1000 might seem like a good offer... and as long as the offer is under $3500, the "producers" still make a sound deal.\n\nHope this helps! :)
796946
I must admit that, although I used to work in corporate finance, I have never heard the phrase 'profitability ratio'\n\nHowever, I would have thought it was a percentage of a company's turnover compared to its profits.   If a company turns over £100 (ie, what it gets for selling its goods) and makes £5, the profit would be 5%.   As a ratio, this would be 1:20   (and I am aware that no company turns over just £100 before anyone complains! - I just like nice easy numbers!)\n\nYou could also do the same for individual items.   However the two are not necessarily the same!\n\nIt costs a company £80 to make a car and it sells for £100, the profit would be £20.   This is 20%, or a ratio of 1:5.\n\nHowever, the company may have a turnover of £1,000 but make a profit of £250 because of things like property sales, selling spares and so on.   Here, the profit rate is 25% or a ratio of 1:4.\n\nThe only way to use such a ratio to see if it is a good company is to compare it to the industry average.   If the average for making a car is 5% or 1:9, then the company is doing well.   However, if the average is 33% or 1:3 then the company is doing badly!\n\nI am sure this is now as clear as mud for you!!!   But I wish you all the best!
829871
Plant A: 18/3=6windows*$5=$30 profit on windows\n             18/2=9doors*$3=$27 profit on doors\n\nPlant B: 7.5/1.5=5windows*$5=$25 Profit on windows\n             7.5/.75=10doors*$3=$30 profit on doors\n\nthey will profit most by producing windows in Plant A and doors in Plant B
459396
This question is asking the EXPECTATION for this game, which can be found by summing the product of each outcome with it's respective probability:\n\np1x1 + p2x2 + ... + pnxn\n\nThis gives the theoretical winnings or losings for the game.  If it's a negative number (loss) it's high risk, while a positive number (gain) would mean you're expected to win.  Of course, with any probability problem, the actual results will match up with the theoretical results only over the long term.
1177557
25000 for losing\n50000 for winning plus whatever contract bonuses.
827828
(680-350)/350=.943\nso you take how much you sold it for and subtract how much you paid - that equals your profit\nthen you divide your profit by how much you paid for it
1037853
Present value of Sam's contract assuming an opportunity \n\nrate of 15% is $1,271,732.55.
234077
Well, if 1st place received $6000 which is 1/2 of the prize money, then the prize money must be $12,000. The second part of the problem (prize for 2nd place) is irrelavent information.
36682
Here are the odds, according to USA Today's Danny Sheridan: \n\nWin the lottery: 12,000,000 to 1\nInherit the money: 12,000,000 to 1\nPlaying the casino slots: 6,000,000 to 1\nOwning a small business: 1,000 to 1
107821
Looks like winners get $73000 and ring. Losers get $38000.
435037
try this site for help on probabiliity\n\nhttp://www.futureaccountant.com/probability/
385964
the sale price-the product cost=profit.\ntherefore,\n\n218.5-190=28.5.\n\nand the % of profit is,\n\nprofit%cost price of the product,\n\n28.5%190=0.15x100%=15%\n\n\nso,the percentage of profit is 15 percent.\n\ntherefore it will
554953
ddepends what the payout ratio is if its 5:1 then you get\n5$ per 1$ that you bet
882956
Probability is 3 out of 5
762202
The manufacturer's total profit is given by his revenues minus his costs\n\nFor 0 < x <= 3 tons, the revenue is $13/ton * x while his costs are x^2 + 5x + 7.  His net total profits are therefore:\n\nP[0<x<=3] = (13x - x^2 - 5x - 7) dollars\nP[0<x<=3] = (-7 + 8x - x^2) dollars\n\nThe maximum of the profit function can be found by taking the derivative of P with respect to x setting it equal to zero, and solving for x:\n\n0 = dP/dx = 8-2x\n\nx = 4\n\nThis maximum is outside the range for which this profit function is valid, so the actual maximum profit for x<=3 tons occurs right at x=3 tons.\n\nFor x > 3 tons, we have that the profit is given by:\n\nP[x>3] = (13x - x^2 - 5x - 7 - 3(x-3)) dollars\nP[x>3] = (2 + 5x - x^2) dollars.\n\nNote that at x=3, both profit functions have the same value.\n\nLet's again find the maximum of this profit function:\n\n0 = dP/dx = 5 - 2x\n\nx = 2.5\n\nIn this case, the maximum of this function occurs at a value  of x below the minimum value for which this function is valid.  This implies that the maximum accessible value of this profit function occurs as x -> 3.\n\nThe manufacturer's profit is maximized when he makes 3 tons of the item.  \n\nThe easiest way to check that this is the correct answer is to plot the two profit functions over their valid ranges and see that the maximum does, indeed, occur at x=3.
710221
If x is the ticket price increase from $6, the number of tickets is 70000 - 10000x ; the ticket price is 6+x; and the concession revenue is 1.5(70000 - 10000x)\n\nThe ticket revenue is (6+x)(70000 - 10000x) \n\n1.5(70000 - 10000x) + (6+x)(70000 - 10000x) = total revenue\n\nThese combine to be (7.5 + x)(70000 - 10000x) which multiplies out to be\n\n525000 - 5000x - 10000x^2\n\nThis has a maximum value when x = 5000/ -20000 = -1/4  [x = -b/(2a)]\n\nso technically it means they should drop their price by 25 cents to get the maximum profit, if that is possible\n\nPlug it in to get your other answers