B.average length of time on the job.
C.total years of business experience.
D.degree of design change.
E. average age of the capital equipment.
15) The owner of Tastee Cookies needs to decide whether to lease a small, medium, or
large new retail outlet. She estimates that monthly profits will vary with demand for her
cookies as follows:
If she feels there is a 30 percent chance that demand will be high, what are the expected
monthly profits for the outlet she will decide to lease?
A.$1,600
B.$1,100
C.$1,000
D.$900
E.$500
16) The construction manager for Acme Construction, Inc., must decide whether to
build single-family homes, apartments, or condominiums. He estimates annual profits
(in $000) will vary with the population trend as follows:
If he feels the chances of declining, stable, and growing population trends are 40
percent, 50 percent, and 10 percent, respectively, which kind of houses will he decide to
build?
A.single family
B.apartments
C.condos
D.either single family or apartments
E.either apartments or condos