question archive From the lecture or your Textbook please review the Ellison Seafoods example
From the lecture or your Textbook please review the Ellison Seafoods example
Subject:ManagementPrice: Bought3
From the lecture or your Textbook please review the Ellison Seafoods example.
As you can see, its is a pretty straight foward calculation but they have received different costs and a different forecast: Use the revenue from the textbook example.
What is the Expected Value of the data below.
Common: $500 per shipment
Contract: $5200 + $400 per shipment
Lease: $10000 + $50 per shipment
Also Forecast has changed: 20 shipments (20%), 50 shipments (30%), 110 shipments (50%).
Calculate the Expected Value, show your work, and make your recommendations.
Also calculate each BEP and indifference points. Us the profit number from the lecture/textbook
