All your Writing needs covered

A builder has located a piece of property that she would like to buy

Calculate the price
of
your order:

275 words
+
Approximate price
$ 0.00

A builder has located a piece of property that she would like to buy A builder has located a piece of property that she would like to buy and eventually build on. The land is currently zoned for 4 homes per acre, but she is planning to request new zoning. What she builds depends on approval of the zoning request and your analysis of this problem to advise her. With her input and your help the decision process has been reduced to the following costs, alternatives and probabilities:   Cost of land: 2 mill USD Probability of rezoning: 60% If rezoned, an additional cost of 1 mill USD   If the land is rezoned the contractor must decide whether to build a shopping center or 1.500 apartments. If she builds a shopping center she estimates 70% chance that she can sell it to a large department chain for 4 mill USD over her construction cost (which excludes the cost of land), and she estimates 30% chance that she can sell it to an insurance company for 5 mill USD over construction cost.   If instead of the shopping center she decides to build the 1.500 apartments she places probabilities on her profit as follows: 60% chance that she can sell the apartments for 3.000 USD each over construction cost and 40% that she gets only 2.000 USD for each apartment.   If the land is not rezoned she can only build 600 homes on which she expects to make 4.000 USD each over construction cost (as before excluding cost of land).   Draw a decision tree of this problem and determine the best solution and the expected net profit.

Basic features

  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support

On-demand options

  • Writer's samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading

Paper format

  • 275 words per page
  • 12pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, CHicago/Turabian, Havard)

Guaranteed originality

We guarantee 0% plagiarism! Our orders are custom made from scratch. Our team is dedicated to providing you academic papers with zero traces of plagiarism.

Affordable prices

We know how hard it is to pay the bills while being in college, which is why our rates are extremely affordable and within your budget. You will not find any other company that provides the same quality of work for such affordable prices.

Best experts

Our writer are the crème de la crème of the essay writing industry. They are highly qualified in their field of expertise and have extensive experience when it comes to research papers, term essays or any other academic assignment that you may be given!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.