expected monetary value decision

简明释义

预期货币值决策

英英释义

Expected Monetary Value (EMV) decision refers to a quantitative approach used in decision-making that calculates the average outcome when the future includes scenarios that may or may not happen. It is calculated by multiplying the monetary value of each possible outcome by the probability of that outcome occurring, and then summing all these values.

期望货币价值决策是一种用于决策的定量方法,计算未来包括可能发生或不发生的情景时的平均结果。它通过将每个可能结果的货币价值与该结果发生的概率相乘,然后将所有这些值相加来计算。

例句

1.The team used an expected monetary value decision 期望货币价值决策 framework to evaluate the financial implications of each option.

团队使用期望货币价值决策框架评估每个选项的财务影响。

2.The project manager made an expected monetary value decision 期望货币价值决策 to invest in the new software after analyzing potential risks.

项目经理在分析潜在风险后,做出了投资新软件的期望货币价值决策

3.By using an expected monetary value decision 期望货币价值决策, the company was able to choose the most profitable marketing strategy.

通过使用期望货币价值决策,公司能够选择最有利可图的营销策略。

4.In risk management, an expected monetary value decision 期望货币价值决策 helps in determining which projects to pursue.

在风险管理中,期望货币价值决策有助于确定应追求哪些项目。

5.After calculating the potential returns, the investor made an expected monetary value decision 期望货币价值决策 to buy more shares.

在计算潜在回报后,投资者做出了购买更多股份的期望货币价值决策

作文

In the world of business and finance, making informed decisions is crucial for success. One of the key concepts that aid in decision-making is the expected monetary value decision. This term refers to a statistical technique used to evaluate the potential outcomes of different choices by calculating their expected monetary values. Essentially, it helps decision-makers assess the risks and rewards associated with various options, allowing them to choose the most financially beneficial path.To understand the expected monetary value decision, it is important to break down its components. The 'expected value' is derived from taking the sum of all possible outcomes, each multiplied by its probability of occurring. For instance, if a company is considering launching a new product, they might estimate the potential profits and losses based on market research. By assigning probabilities to each outcome, they can calculate the expected monetary value of the launch.For example, suppose a company has three possible outcomes for its new product: a 50% chance of earning $100,000, a 30% chance of breaking even at $0, and a 20% chance of losing $50,000. The expected monetary value can be calculated as follows:(0.5 * 100,000) + (0.3 * 0) + (0.2 * -50,000) = 50,000 + 0 - 10,000 = $40,000.This calculation indicates that, on average, the company can expect to earn $40,000 from the product launch. Thus, the expected monetary value decision provides a clear numerical basis for evaluating whether to proceed with the launch or not.The utility of the expected monetary value decision extends beyond simple profit calculations. It can also incorporate factors such as costs, investment requirements, and even qualitative aspects like brand reputation. For instance, if a decision involves significant upfront costs, the expected monetary value can help determine if the potential returns justify the initial investment.Moreover, this decision-making tool is particularly valuable in scenarios where uncertainty is prevalent. In industries such as pharmaceuticals, technology, and finance, where market conditions can fluctuate rapidly, the expected monetary value decision allows companies to navigate uncertainties with a more structured approach. By quantifying risks and potential rewards, organizations can make better-informed choices that align with their strategic goals.However, while the expected monetary value decision is a powerful tool, it is not without limitations. Relying solely on quantitative measures may overlook qualitative factors that can influence outcomes. For example, customer sentiment, market trends, and regulatory changes are also critical elements that should be considered alongside expected monetary values. Therefore, it is essential for decision-makers to use this method as part of a broader decision-making framework that includes both quantitative and qualitative analyses.In conclusion, the expected monetary value decision is an invaluable concept in the realm of decision-making, particularly in business and finance. It provides a systematic way to evaluate potential outcomes based on their expected monetary values, helping organizations make informed choices amidst uncertainty. By integrating this approach with other qualitative assessments, companies can enhance their decision-making processes and increase their chances of achieving favorable results. Ultimately, mastering the expected monetary value decision can lead to more strategic and successful business operations.

在商业和金融的世界中,做出明智的决策对成功至关重要。帮助决策的关键概念之一是期望货币价值决策。这个术语指的是一种统计技术,用于通过计算不同选择的预期货币价值来评估各种选择的潜在结果。基本上,它帮助决策者评估与各种选项相关的风险和回报,使他们能够选择最具财务利益的路径。要理解期望货币价值决策,重要的是要分解其组成部分。“期望值”是通过将所有可能的结果相加,每个结果乘以其发生的概率而得出的。例如,如果一家公司考虑推出新产品,他们可能会根据市场研究估算潜在的利润和损失。通过为每个结果分配概率,他们可以计算推出的预期货币价值。例如,假设一家公司对其新产品有三种可能的结果:50%的机会赚取100,000美元,30%的机会持平为0,和20%的机会损失50,000美元。预期货币价值可以这样计算:(0.5 * 100,000) + (0.3 * 0) + (0.2 * -50,000) = 50,000 + 0 - 10,000 = 40,000美元。这个计算表明,从平均来看,公司可以预计从产品发布中赚取40,000美元。因此,期望货币价值决策为评估是否继续推出提供了明确的数字基础。期望货币价值决策的实用性超越了简单的利润计算。它还可以结合成本、投资要求,甚至品牌声誉等定性方面。例如,如果一个决策涉及重大前期成本,预期货币价值可以帮助确定潜在回报是否足以证明初始投资。此外,这种决策工具在不确定性普遍存在的情况下尤其有价值。在制药、技术和金融等行业,市场条件可能快速波动,期望货币价值决策允许公司以更结构化的方法应对不确定性。通过量化风险和潜在回报,组织可以做出更好的信息选择,与其战略目标保持一致。然而,尽管期望货币价值决策是一个强大的工具,但并不是没有局限性。仅依赖定量指标可能会忽视可能影响结果的定性因素。例如,客户情绪、市场趋势和监管变化也是重要因素,应与预期货币价值一起考虑。因此,决策者应该将这种方法作为更广泛决策框架的一部分,包含定量和定性分析。总之,期望货币价值决策在决策领域,特别是在商业和金融中,是一个无价的概念。它提供了一种系统的方法,根据预期货币价值评估潜在结果,帮助组织在不确定性中做出明智的选择。通过将这种方法与其他定性评估相结合,公司可以增强其决策过程,提高获得良好结果的机会。最终,掌握期望货币价值决策可以导致更具战略性和成功的商业运作。

相关单词

expected

expected详解:怎么读、什么意思、用法

decision

decision详解:怎么读、什么意思、用法