share the love. Dogfish Head Brown Honey Rum is a double-distilled, amber rum made with Delaware wildflower honey and aged on American oak chips. Dark and smooth, this rum has a subtle woody character from the oak aging and a touch of sweetness from the honey.
The basic level for excepted value is: Expected monetary value (EMV) = probability * impact. The expected value result can either be added to the costs of the project or subtracted from the projectâs profit. The project profit or cost is usually referred to as the baseline. The baseline is the initial approved cost or profit structure for the project.
For each scenario it is possible (but not required) to enter a probability. The expected value measures (expected monetary value, expected value under certainty, expected value of perfect information) require probabilities while the maximin(minimax) and maximax (minimin) do not. Profits or costs. The profit(cost) for each combination of options and scenarios is to be given.