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East West Distributing is in the process of trying to determine where they should schedule next year's production of a popular line of kitchen utensils that they distribute.Manufacturers in four different countries have submitted bids to East West.However,a pending trade bill in Congress will greatly affect the cost to East West due to proposed tariffs,favorable trading status,etc.
After careful analysis,East West has determined the following cost breakdown for the four manufacturers (in $1,000's)based on whether or not the trade bill passes:
a.If East West estimates that there is a 40% chance of the bill passing,which country should they choose for manufacturing?
b.Over what range of values for the "bill passing" will the solution in part (a)remain optimal?
Program Analyses
Systematic evaluations of the processes and outcomes of a program to understand its effectiveness, efficiency, and impact.
Program Evaluation
The systematic collection of information about the activities, characteristics, and outcomes of programs to make judgments, improve effectiveness, and/or inform decisions about future programming.
Metaevaluation
The process of evaluating the methods and processes used in an evaluation to assess their accuracy, effectiveness, and quality.
Evaluation Trail
The systematic assessment of the path and outcomes of reasoning, decision-making, or the implementation of an intervention, often for accountability purposes.
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