Blake Electonics Essay

906 Words Sep 14th, 2014 4 Pages
Blake Electronics

Version 1: September 17th, 2014
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Case Study for Blake Electronics
Company profile
Blake Electronics was founded in 1979 by Steve Blake. Based in Long Beach, California, Blake Electronics manufactures various types of electronic components including resistors, capacitors, and inductors. Blake Electronics supplies components to companies that manufacture more complicated electronic equipment.
Total annual sales increased $8M between 1992 and 2002
More than 200 highly skilled employees by 2002
Began seeking government contracts for electronic components in 2000
Business situation
By 2007 Blake Electronics had overextended itself and was unable to consistently fulfill all orders. As a result the
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Survey|Successful Venture) | Prior Probability | Joint Probability | P(Successful Venture|Fav. Survey) | Successful Venture | 0.90 | 0.60 | 0.52 | 0.87 | Unsuccessful Venture | 0.10 | 0.40 | 0.05 | 0.13 | | | P(Successful Venture) | 0.62 | 1.00 | | | | | | | | | | | State of Nature | Conditional Probability P(Unfav. Survey|Unsuccessful Venture) | Prior Probability | Joint Probability | P(Unsuccessful Venture|Unfav. Survey) | Successful Venture | 0.20 | 0.60 | 0.09 | 0.16 | Unsuccessful Venture | 0.80 | 0.40 | 0.34 | 0.84 | | | P(Unsuccessful Venture) | 0.38 | 1.00 | | | | | |

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