STAT 2112: Greg Umanski - The Happy Days - Case Study - English Assignment Help

Assignment Task:

Task:

Greg Umanski is an American filmmaker. He is considered one of the founding pioneers of the New Hollywood era and one of the most popular directors and producers in film history. Greg Umanski is currently considering several new movie scripts trying to select a most promising one. He eventually compiled a short list of three screenplays.

The Happy Days is a comedy script which tells the story of a young gifted screenwriter and an old and famous actor. The role of the old actor is written specifically for Sir Brian Monahan, a British film star and a comic of great renown, the Oscar winner of 1999 and 2013. If Sir Brian takes part in the project, then Umanski’s studio accounting department estimates that the film will make a profit of about $75 million However, it is known that Sir Brian has serious health problems and a problem with alcohol. Greg estimates that there is a 20% chance that Monahan will not be able to complete the work on the project and will have to be replaced by another British, American, or maybe Canadian actor. Then, depending on who becomes a replacement actor, in the best case scenario, the film will make a profit of $15 million; in the worst case scenario, the film would most likely be a box-office failure with the loss of $8 million. Greg thinks that the first scenario is 70% probable and the second scenario is 30% probable.

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