Benjamins best guess is that there is a 3030 percent chance


Benjamin? Moses, chief engineer of Offshore? Chemicals, Inc., must decide whether to build a new processing facility based on an experimental technology. If the new facility? works, the company will realize a net profit of ?$1515 million. If the new facility? fails, the company will lose ?$1717 million.? Benjamin's best guess is that there is a 3030 percent chance that the new facility will work. What decision should Benjamin Moses? make?

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Operation Management: Benjamins best guess is that there is a 3030 percent chance
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