If a plant has self-pollinated over several generations and consistently produces the same traits, it is said to be an ____________________ line
Fill in the blank(s) with correct word
inbred
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The ____________________ exhaust system is a tuned chamber that operates from sonic (sound) waves created by the engine.
Fill in the blank(s) with the appropriate word(s).
Camshafts on many OHC engines are driven by a cogged belt drive, called a(n) ____________________.
Fill in the blank(s) with the appropriate word(s).
The president of ChemTech is trying to decide whether to start a new product line or purchase a small company. It is not financially possible to do both. To make the product for a 3-year period will require an initial investment of $250,000. The expected annual cash flows with probabilities in parentheses are $75,000 (0.5), $90,000 (0.4), and $150,000 (0.1). To purchase the small company will cost $450,000 now. Market surveys indicate a 55% chance of increased sales for the company and a 45% chance of severe decreases with an annual cash flow of $25,000. If decreases are experienced in the first year, the company will be sold immediately (during year 1) at a price of $200,000. Increased sales could be $100,000 the first 2 years. If this occurs, a decision to expand after 2 years at an
additional investment of $100,000 will be considered. This expansion could generate cash flows with indicated probabilities as follows: $120,000 (0.3), $140,000 (0.3), and $175,000 (0.4). If expansion is not chosen, the current size will be maintained with anticipated sales to continue. Assume there are no salvage values on any investments. Use the description given and a 15% per year return to do the following: (a) Construct a decision tree including all values and probabilities. (b) Determine the expected PW values at the “expansion/no expansion” decision node after 2 years provided sales are up. (c) Determine what decision should be made now to offer the greatest return possible for ChemTech. (d ) Explain in words what would happen to the expected values at each decision node if the planning horizon were extended beyond 3 years and all cash flow values continued as forecasted in the description.
An oblique drawing is a useful pictorial drawing to use if one face of an object needs to be shown without distortion.
Answer the following statement true (T) or false (F)